Cambridge Scores with Genzyme

For those biting their nails over the Vertex move from Cambridge to the Boston Seaport, not to worry. Genzyme has renewed its 82,490 SF lease at 55 Cambridge Parkway, its broker Cassidy Turley FHO announced Monday. The biotech company that develops and manufactures medical therapies for rare ailments like Gaucher?s Disease will stay in this building on the Charles. In the '90s, Genzyme (which was recently acquired by Sanofi) was a pioneer in establishing Cambridge as a global life science cluster. Over the years, Genzyme has continued to expand in the metro area, including newly expanded production plants on the Boston side of the river and in Framingham. Cassidy?s Mike Brown repped Genzyme and Lincoln Property's John Miller  repped the landlord, Invesco.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Davis Looks To Sell 16-Building Beacon Hill, Back Bay Portfolio

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers

Anthropic Doubling Local Presence With Cambridge Office Lease