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Cambridgeport Office/R&D Space Available
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270 Albany Street, Cambridge, MA 02139

80,000 SF office/R&D space in Cambridgeport biotechnology neighborhood.

Space SizeContact for details
Days on Market159

Property Features for 270 Albany Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Boston
Listed By: Tess Chandler
Source: Cbre
Added: Mar 16 Changed: Aug 21 Last Checked: Aug 21 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Boston

Investment Insights

Based on property information with market context.

Located at 270 Albany Street in Cambridge, Massachusetts, this full building opportunity offers approximately 80,000 square feet of office and R&D space within the Cambridgeport biotechnology neighborhood. The building is set to deliver brand new MEP systems, along with fully renovated base building common areas and elevators. Tenants will have access to 75 parking spaces at the Erie Street garage. The location provides convenient access via Interstate 93, and is near the MBTA Red Line (Kendall/Central) and the EZ Ride Shuttle Bus. The surrounding neighborhood features a variety of shops, restaurants, and cinemas. Neighboring institutions and corporations include MIT, Pfizer, Intellia, Abbvie, Takeda, Novartis, Fulcrum Medicines, KSQ Therapeutics, Agios, and Vericel.

Key Highlights

  • Full building opportunity with approximately 80,000 SF of office/R&D space.
  • Located in the thriving Cambridgeport biotechnology neighborhood.
  • Brand new MEP systems.

Property Analytics

Current Use

Sanofi-Aventis Factory Sanofi Business Service Center Bio Med Realty ... Property Management Company

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,876
Businesses Nearby

Demographics for 02139, MA

39,525
Population
16,930
Households
2.3
Avg Household Size
30
Median Age
78%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
24,703
Density / Sq Mi
$124,648
Median Household Income
$61,025
Median Earnings
$2,613
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 80,000 SF office/R&D space in Cambridgeport biotechnology neighborhood.
Where is this office building located?
The property is located at 270 Albany Street Cambridge, MA.
What are key features of this property?
This property features: Full building opportunity with approximately 80,000 SF of office/R&D space.; Located in the thriving Cambridgeport biotechnology neighborhood.; Brand new MEP systems.
More about this property
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