Boston Real Estate Times reports what's going on around here to cause all those developers to propose life-sciences projects:
Capitalizing on limited available space in the near term, property owners continue to seek and achieve record high rents. ... In East Cambridge, where two ground-up projects are underway with availability, asking rents have climbed 23.9% in the last 24 months. Asking rents in Boston have also reached triple digits, ending the quarter at $100 per sq. ft.