Kendall Square upzoning

TheRifleman said:
You ever see a correction in Cambridge real estate? Commercial or residential.

This was probably one of the best investments if you bought something in the late 80's.

Honestly Cambridge Commercial Real Estate is more a square foot than Boston.
Click to expand...

Riff -- you can narrow it down further -- Kendall is far more in demand than Harvard or Central or any other part of Cambridge

Rightnow -- the old adage about location translates into closeness to MIT -- and that applies whether you are:
a recent MIT spin-off; or a foreign giant such as Novartis, Sanofi, Schlumberger or Mitsubishi; or US tech rock-stars Google, Amazon, or Facebook; or pharma heavies such as Pfizer and Baxter; or the "Cream of the Crop" such as Microsoft, IBM and GE

They are all competing to be within walking distance of a seminar at MIT
 
whighlander said:
Riff -- you can narrow it down further -- Kendall is far more in demand than Harvard or Central or any other part of Cambridge

Rightnow -- the old adage about location translates into closeness to MIT -- and that applies whether you are:
a recent MIT spin-off; or a foreign giant such as Novartis, Sanofi, Schlumberger or Mitsubishi; or US tech rock-stars Google, Amazon, or Facebook; or pharma heavies such as Pfizer and Baxter; or the "Cream of the Crop" such as Microsoft, IBM and GE

They are all competing to be within walking distance of a seminar at MIT
Click to expand...


Question WHIGH: Concerning Residential--
Will Rents drop in Cambridge in Somerville in our lifetime or is sky the limit until we have enough square footage to be sufficient. And what amount of Sq Feet is needed to stabilize rents?
 
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