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The Boston Globe

Business

Kendall Square boom times squeeze out start-ups

As rents climb, tenor changes

After working out of shared space for three years, Raj Aggarwal’s mobile start-up is now successful enough to have its own address. But instead of staying in Kendall Square where it has thrived, Localytics is about to join the ranks of small tech companies moving out of the Cambridge hot spot.

“This has still got to be the single biggest concentration for technology companies. But that’s going to change,” Aggarwal said recently at Voltage Coffee & Art, a popular Kendall Square gathering spot.

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