Highlights from the Life Science and Healthcare Summit
The migration of life science and healthcare firms to the suburbs was a hot topic at New England Real Estate Journal’s recent Life Science and Healthcare Summit. Senior Leasing Director Rob Yacobian of Cummings Properties was one of four experts on a panel discussing location-related trends for the biotech sector. Read below for the highlights of Rob’s contributions to the conversation. How the life science boom has affected the Cummings portfolio Life science firms currently make up more than 10 percent of the Company’s portfolio, with the largest concentrations in Woburn, Beverly, and Medford. The type of space most in demand by these biotech firms has evolved over the years. Cummings initially worked with many early-stage firms seeking single-story buildings with a mix of office and lab space. Today, an…