Biomedical firm Foundation Medicine signed a lease last August for 580,000 square feet and space at the 400 Summer St. building in the Seaport District. Photo Courtesy of WS Development. Biomedical firm Foundation Medicinesigned a lease last August for 580,000 square feet and space at the400 Summer St. building in the Seaport District. Photo Courtesy ofWS Development.

BOSTON—With a vacancy rate of 1.5% in Cambridge, new lifescience clusters in and around Greater Boston are now beginning toemerge.

CBRE in a recently released report notes that more than 500 lifesciences and biotechnology companies are now based in Boston andCambridge with more than 100 firms more in the suburbs.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.