ONCOLOGY COMPANY TO ESTABLISH HEADQUARTERS IN KENDALL SQUARE

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CAMBRIDGE — ARIAD Pharmaceuticals, an oncology company, has signed a 15-year lease for its new corporate and research and development headquarters in Cambridge's Kendall Square. The company will occupy 244,000 square feet at 75/125 Binney St. The new headquarters is slated to open in the beginning of 2015. Joseph Fallon and Ted Lyon of Cassidy Turley represented the tenant in the transaction. CBRE represented the landlord and park developer, Alexandria Real Estate Equities.

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