Is Massachusetts in a position to play host to any of a number of Bio-Tech firms looking at this state as a potential place to call home? They sure are trying according to a recent article in the Boston Business Journal.
Launched last year, the Massachusetts Site Finder Service recently added 92 Bio-Tech ready properties to its list of available sites. That's a small percentage of the nearly 1,700 sites in their database but it shows that state officials are looking to compete with states like California when it comes to attracting the "Tech companies".
The site finder service is a comprehensive database of available properties throughout Massachusetts with contact information of owners and listing brokers, photographs, building specs, and links to finance agencies, community websites, and several other features.
I spent about an hour on the site recently and found it to be very well designed and easy to use so hopefully we can start to see some of the big Bio-Tech players coming our way. In case you haven't heard, Bristol-Myers Squibb recently broke ground on a new facility in Devens, MA and they'll be dropping about $750M on their new "Biologics Manufacturing Facility"
There is another big user out there with their feelers out and hopefully they'll follow in BMS footsteps and set up shop here in the Commonwealth. "Project Ajax" represents a manufacturer looking for 75 acres to build a 920,000 SF facility.
If you represent a company looking to locate in Massachusetts or you have a company and you're looking to locate in Massachusetts, this is a great place to start. If you haven't already, your first step is to hire a Buyer's Agent. The Site Finder website will give you and your agent a wealth of information on available real estate in Mass. A phone call to the Mass Alliance of Economic Development, or MAED, will put you in touch with one of a number of representatives whose job it is to make your move here to Massachusetts smooth and seamless...
Now if we can just get Deval Patrick to adopt a statewide uniform permitting process so these companies don't have to spend 6 months to a year jumping through hoops and navigating their way through a web of red tape...but that's a post for another day.