Aspherical this time three years in the past, whereas most of us navigated pandemic life, actual property builders throughout Better Boston seemed to life-science laboratories, and noticed greenback indicators.
The white-collar workplace employees who’d lengthy stuffed downtown towers had been largely staying house (except they labored in industrial actual property). The way forward for cities had hardly ever been murkier.
However many biotech firms, like Cambridge’s Moderna, had been busier than ever, and rising quick. Life-science firms, and the lab buildings that home them, seemed like a positive wager for traders. Cash poured in to drug firms by the billions — from enterprise capitalists, the inventory market, the Nationwide Institutes of Well being. And large actual property traders adopted, launching a wave of speculative lab growth throughout Better Boston.
Proceed to STAT+ to learn the complete story…
