Bristol Myers Squibb
Global Net Lease Takes 21,000 SQFT Labcorp Lab at 1031 Bing Street in San Carlos From Modiv Industrial for About $22.7MM
A 20,800-square-foot Labcorp research facility at 1031 Bing Street in San Carlos changed hands from Modiv Industrial to Global Net Lease at roughly...
Eli Lilly Expands by 82,000 SQFT at Alexandria’s 279 E Grand Avenue in South San Francisco, Peninsula’s Largest Q3 R&D Lease
Eli Lilly expanded its South San Francisco footprint by 82,232 square feet at Alexandria Real Estate Equities' 279 E Grand Avenue, the largest...
Three Markets, Three Funding Stories: Bay Area Life Science VC Holds at $8.3B as San Diego and Seattle Slide
Bay Area life science companies raised $8.3 billion through the third quarter while San Diego and Seattle funding fell by a third and...
Bay Area Lab Sublease Vacancy Falls to 3.7% as Direct Vacancy Climbs, Shifting the Glut to Landlords
Bay Area life science tenants have pulled sublease vacancy down to 3.7 percent even as direct vacancy climbed to 20.1 percent, a pattern...
Bay Area Lab Construction Shrinks to 800,000 SQFT as San Diego and Seattle Pipelines Go Dark
The San Francisco Bay Area’s life science construction pipeline has shrunk to 800,000 square feet while San Diego and Seattle have none underway,...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
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...
California Life Sciences Rebound in 2024, Driving Innovation and Economic Output
California’s life science industry regained momentum in 2024, reinforcing its position as a global leader in biotechnology, diagnostics and medical device innovation. According...
Bristol Myers Squibb to Shutter 256,000 SQFT Redwood City Facility, Adjusts 2024 Earnings Guidance
Another day, another round of life sciences layoffs. This time, the spotlight falls on Bristol Myers Squibb, the New Jersey-based pharmaceutical giant. The...
Alexandria Real Estate Equities, Inc. Named NAIOP 2019 Developer of the Year
Urban office REIT honored for industry innovation July 18, 2019 - NAIOP, the Commercial Real Estate Development Association, has selected Alexandria Real Estate Equities,...
Truebeck Construction Expands Reach to Pacific Northwest with New Portland Office
San Francisco, CA (June 20, 2019) – Truebeck Construction, an industry-leading commercial general contractor, is pleased to announce the opening of its fourth...
