Cambridge & Kendall Square's tenant base is anchored by pharma, biotech, gene therapy, venture capital.

  • Tier: trophy.
  • Tenant character: Life sciences capital of the world.
  • Average rent: $110/sqft/yr.

Cambridge & Kendall Square, Boston tenant profile

Cambridge & Kendall Square's tenant base is anchored by pharma, biotech, gene therapy, venture capital.

TL;DR

  • Tier: trophy.
  • Tenant character: Life sciences capital of the world.
  • Average rent: $110/sqft/yr.

Who clusters here

Pharma, biotech, gene therapy, venture capital.

What that means for newcomers

Newcomers to Cambridge & Kendall Square should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityBoston
submarketCambridge & Kendall Square
tiertrophy
averageRentLocal$110/sqft/yr
cityClassARentUsd$78/sqft/yr
cityVacancyPct19.5%

Frequently asked questions

What kind of tenants lease in Cambridge & Kendall Square?
Pharma, biotech, gene therapy, venture capital.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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