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Biotech Company Genzyme Moves Division to New Building in Boston.

Publication: The Boston Globe (Boston, Massachusetts) (via Knight-Ridder/Tribune Business News)

Publication Date: 01-AUG-02
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COPYRIGHT 2002 The Boston Globe

Byline: Thomas C. Palmer Jr.

Aug. 1--Biotech pioneer Genzyme Corp. is moving one of its three divisions into the former Lotus Development building, 55 Cambridge Parkway, only a few blocks from where the company's world headquarters is under construction.

Top officials at Genzyme, currently located at One Kendall Square, and Cabot, Cabot & Forbes of New England Inc., developer and owner of 55 Cambridge Parkway, said yesterday that the company has signed a seven-year lease for 61,101 square feet of space.

Genzyme spokesman Bo Piela said the 21-year-old company...

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