CAMBRIDGE, MA-Amgen Inc. is moving into an eight-story laboratory and research facility here in the heart of the city’s biotech center at One Kendall Square. The 285,000-sf building will be known as Amgen’s Cambridge Research Center.

According to Jeff Richardson of Amgen, this is the California-based company’s first presence in the area. The company has over 500 employees in its headquarters and plans to put 100 of its research staff here. The remainder of the space will be leased out.

In a released statement, Kevin Sharer, the company’s chief executive says, “It’s important to Amgen’s growth and success to have a strong presence in the Cambridge-Boston biotechnology community.” Amgen also has facilities in Colorado, Kentucky, Washington DC and Puerto Rico and has 24 offices throughout the world.

This area’s office market has been severely impacted by the recent downturn in the economy as many of its dotcoms and high tech-related businesses went under or cut back. But it still maintains a strong biotech presence as many companies opt to be close to other biotech companies as well as to the local universities and hospitals.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.