Research

"The NYCEDC seeks a leading anchor tenant to establish a state-of-the-art life sciences center at the Science Park and Research Campus (SPARC Kips Bay)."

"Poland based SDS Optic announced they will open its new U.S. lab operations at BioLabs Philadelphia."

"Kyowa Kirin North America, a Japanese life sciences enterprise, has unveiled plans for a $200.0 million investment in Helix Innovation Park at the Brickyard, located in Sanford."

"Breakthrough Properties acquired a majority of interest in Callan Ridge, a newly developed and fully leased 185,000 square foot (sf) life sciences campus in Torrey Pines."

"Life sciences developer, SteelWave, opened two new lab spaces in the East Bay, theLab Emeryville and theLab Berkeley which encompass almost 300,000 square feet (sf) total."

"ProfoundBio secured $112.0 million to advance its antibody-drug conjugate (ADC) development pipeline, targeting specific molecular markers for precise delivery of compounds to cells."

"In the first quarter of 2024, the U.S. life sciences sector raised $10.7 billion in venture capital from over 700 deals, with two notable ventures each securing over $400 million in investment."

"Cellares has unveiled the world's first Integrated Development and Manufacturing Organization (IDMO) Smart Factory in Bridgewater, spanning 118,000 square feet (sf) and is set to generate 350 new jobs."

"Industrial vacancy rates have risen to 8.6%, driven by the delivery of 1.2 million square feet (msf) of new construction this quarter."

"Vacancy rates have risen by 190 basis points (bps) over the past year to 9.0%, likely due to the addition of 12.4 million square feet (msf) of space."