Cambridge’s biggest tenant could get bigger

Anyone want to guess who the largest tenant is in Cambridge? According to the Boston Business Journal: Novartis, the Swiss drug company that moved its research headquarters to Cambridge a few years ago. In an article this week, it says that the company could end up occupying even more space in the area around Main, Osborne and Albany Streets near MIT if it and MIT reach agreement on plans to build a new research building. MIT could build the building and lease it to Novartis, or Novartis would build on MIT-controlled land, the article says.

This would be in addition to Novartis’s existing buildings in Cambridge, which includes a new, five-storey one on Mass Ave, right next to its main building, the old NECCO candy factory. I walked by it last week and noticed that it looked like it was almost ready to open.

I wrote an article a few months ago about how pharmaceutical companies have been flocking to the Boston area in hopes of scooping up young smart scientists from the local universities.

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