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 Issue of January 23, 2006 
   

Flex Sector in Massachusetts Loses a Little Muscle in 2005

Life sciences company Arkopharma LLC’s recently completed lease of more than 33,000 square feet at 200 Research Drive in Wilmington was a positive note for a Massachusetts flex market that struggled at times in 2005.
By Joe Clements
Commercial real estate’s flex market seems a bit twisted entering 2006. Incongruous data disputes whether the struggling product type, also known as research-and-development space, had positive absorption in Massachusetts last year for the first time this millennium, but even the most optimistic assessment revealed that any rebound was muted by a late swoon in leasing activity.

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