Market Highlights

• Biogen will relocate its HQ to a 580,000-square-foot (sf) tower at 75 Broadway in Kendall Square, part of MIT’s Kendall Common project. The move is set for 2028 under a 15-year lease.
• The Davis Cos. acquired a 308,970-square-foot (sf) office and life sciences facility in Andover.
• The Massachusetts Life Sciences Center ended its angel investor tax credit program after its repeal in the 2024 economic development bill. The bill also reauthorized $500.0M for the Life Sciences Initiative, raised annual tax incentives to $40.0M, and expanded MLSC’s focus to preventative medicine and health- related AI.

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