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Cambridge office leasing rises as demand from tech and engineering offsets life sciences slowdown

Office take-up reached nearly 700,000 square feet in 2025 despite a steep fall in lab deals and rising vacancies
CoStar Analytics
January 23, 2026 | 9:22 AM

A surge in tenant demand during 2025 propelled office leasing volumes in Cambridge to their highest level since 2019. Almost 700,000 square feet of office space was leased over the course of the year, around 35% above the five-year annual average and 48% above the previous year’s level.

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