Life Science

248 Articles

San Diego Rides National Lab Rebound as Pfizer’s 230,000 SQFT Torrey View Deal Anchors Recovery

San Diego has landed among the four markets leading the U.S. life sciences real estate recovery, buoyed by the region's largest lab lease...

Sterling Bay, Harrison Street Clinch $290MM Refinancing for Sorrento Mesa Life Science Campus

Peregren Capital Group's loan, with $162.5 million in future funding, gives the vacant Pacific Center runway to lease up in a market where...

Sterling Bay, Harrison Street Land $290MM Refinancing for 525,000 SQFT Pacific Center in San Diego

Peregren Capital Group provided the loan, which includes $162.5 million of future funding, as the joint venture pushes leasing at its newly delivered...

San Diego’s CRE Recovery Accelerates as Office and Industrial Investors Find Positive Leverage Again

LBA Realty and CBRE leaders point to eight straight quarters of office absorption, a thawing industrial capital market and a diversified Southern California...

UCLA Clears Environmental Hurdle for 1.35MM-SQFT Westside Pavilion Conversion Into Research Hub

The university's adaptive reuse play to convert a dead mall into a multidisciplinary science campus moves into formal CEQA review, with a public...

Pharma Doubles Down On San Diego As Alexandria Bets Megacampuses Will Outrun Glut

REIT's University Town Center anchor leases offset Sorrento Mesa weakness as countywide vacancy hits historic highs. San Diego's life science real estate market...

Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water

The world's largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...

U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market

Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...

North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant

A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...

SpyGlass Pharma Expands Orange County Footprint with 32,600 SQFT Irvine Company Lease

Biopharmaceutical firm leases space as it advances sustained drug delivery technology toward commercialization. SpyGlass Pharma Inc, a late-stage biopharmaceutical company focused on transforming...

Vital Lyfe Relocates to 37,000 SQFT Torrance Manufacturing HQ as Summer Product Launch Approaches

The water technology startup, founded by former SpaceX engineers, has expanded its footprint more than fivefold as it prepares to begin mass production...

Novartis & Alexandria Break Ground on $1.1B, 466,000 SQFT Biomedical Research Center in San Diego

Swiss pharma giant consolidates West Coast operations into a single Campus Point facility developed by Alexandria Real Estate Equities, positioning San Diego as...