CambridgeSide Galleria Reno/Redev | First Street | East Cambridge

shmessy

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bigpicture7

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In hot market for lab space, a biotech startup will replace the former CambridgeSide Sears
Prime Medicine signs lease for three floors in shuttered East Cambridge department store

By Anissa Gardizy and Tim Logan Globe Staff,Updated January 13, 2022, 9:46 a.m.
Nice that lease activity is kicking up here as the project continues. But, man, you gotta love Globe headlines these days: "Prime Medicine signs lease for three floors in shuttered East Cambridge department store." Really? That makes it sounds like Sears vacated and then they rolled out the lab benches onto the retail floor. Prime Medicine is not "leasing three floors of Sears." The developer basically demo'd the entire freaking building and are spending hundreds of millions to build an entirely new facility. Biotechs don't just lease space in Sears's.
 

navigator4

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Nice that lease activity is kicking up here as the project continues. But, man, you gotta love Globe headlines these days: "Prime Medicine signs lease for three floors in shuttered East Cambridge department store." Really? That makes it sounds like Sears vacated and then they rolled out the lab benches onto the retail floor. Prime Medicine is not "leasing three floors of Sears." The developer basically demo'd the entire freaking building and are spending hundreds of millions to build an entirely new facility. Biotechs don't just lease space in Sears's.
The article makes that clear. It's the Globe's horrible headline writers who apparently don't bother to read the articles before adding the headlines.
 

RandomWalk

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Seritage Growth Properties (Eddie Lampert’s REIT holding many old Sears properties) would jump at leasing to biotechs, but none of them are dumb enough to fall for his grift.
 

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