BioMed Realty Expands Presence with Acquisition of 75 Broadway for Biogen’s New Headquarters
March 26, 2025 - 10:36
Cambridge, MA - BioMed Realty, a prominent player in life science real estate and part of the Blackstone portfolio, has announced its acquisition of a majority interest in the 75 Broadway project. This significant development is set to become the new global headquarters for Biogen, a leading biotechnology company.
The 75 Broadway site is strategically located in the heart of Cambridge, an area renowned for its concentration of life sciences firms and research institutions. This acquisition not only underscores BioMed Realty's commitment to supporting the life sciences sector but also highlights the growing demand for state-of-the-art facilities that cater to the unique needs of biotech companies.
Biogen's move to 75 Broadway is expected to foster innovation and collaboration within the life sciences community, further solidifying Cambridge's status as a hub for biotechnology advancement. The new headquarters will provide Biogen with the necessary infrastructure to enhance its research and development capabilities as it continues to focus on addressing serious neurological diseases.
MORE NEWS
June 15, 2025 - 00:44
The Real Estate Dilemma: Insights from Codie SanchezReal estate is often seen as a cornerstone of wealth accumulation, but small business expert Codie Sanchez argues that this asset class may be overrated. In her recent commentary, Sanchez...
June 14, 2025 - 04:15
Topping Out Ceremony Marks Progress for Leiden Center II in BostonBOSTON– A significant milestone was reached as the topping out of Leiden Center II (LCII) was celebrated at Innovation Square. This state-of-the-art life science development spans an impressive...
June 13, 2025 - 09:45
Increased Real Estate Listings Amid Lower Rental YieldsIn recent months, five states have reported a notable surge in real estate listings as investors begin to offload their properties. This trend is largely attributed to declining rental yields,...
June 12, 2025 - 21:46
Santa Clara County Real Estate Market Sees Notable Sale on Burning Tree CourtA property located on Burning Tree Court in Santa Clara County has recently changed hands for an impressive $1,480,000. This 1,750-square-foot home, constructed in 1970, was officially sold on...