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MA Sees Biggest Gains, Losses of Corporate Headquarters
According to a study conducted by HireAHelper, several cities in Massachusetts have experienced significant changes in corporate headquarters relocations. The findings highlight the dynamic nature of corporate relocations and the varying trends observed across different cities and states.
Waltham, MA, recorded the highest net gain, with a 175% increase in new corporate HQ relocations. Burlington, MA, closely followed with a 133% net gain. Noteworthy new corporate residents of the area include biotech and pharmaceutical firms such as Cogent Biosciences and CinCor Pharma.
On the other hand, Cambridge, MA, led the nation with a 40% net loss in corporate headquarters over the past year. The famous college town has long been a mecca for many biotech and pharma firms. As a result, the presence of previous industry giants has become relatively limited in this area, according to the study.
- ◦Lease
