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Lab space is even tighter, with rents topping $71 per sq. foot on average, whereas the emptiness charge dropped to 3 percent within the first quarter, according to actual property agency Transwestern. Alnylam Pharmaceuticals this month negotiated a "right of first supply" arrangement with actual estate agency BioMed Realty Belief to occupy the building at 500 Kendall Avenue that now houses Genzyme —three years from now.
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