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Lab vacancy reach 31% in the fourth quarter of 2024 with supply was roughly eight times that of demand in the market.
News

Boston Lab Vacancy Surpasses 30%

... had sold off five buildings adding up to $717M. Biomed Realty was on the receiving end, acquiring four Kendall Square properties ... , making it the largest owner in the submarket. Biomed bought three properties from Alexandria and another from MIT's ...

Jan 08, 2025
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A rendering of Marcus Partners' Foundry at Drydock.
News

Ginkgo Bioworks Cancels Move To South Boston Site, Exits Cambridge Locations

...  Invesco's 10 Wilson Road and 45 Moulton St. at BioMed Realty's Fresh Pond Research Park by the end of November ...

Nov 13, 2024
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PIMCO office in Newport Beach
News

Pimco Shakes Up Real Estate Leadership

... 's LinkedIn now lists him as chief operating officer at BioMed Realty. Three other executives were promoted, including Seray Incoglu, Jungil Cha ...

Oct 18, 2024
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Life Sciences Developer IQHQ Sees Investor Lose Confidence, Downgrade Investment
News

Life Sciences Developer IQHQ Sees Investor Lose Confidence, Downgrade Investment

... the name Creative Science Properties with a team that included BioMed Realty Trust founder Alan Gold. It had raised $2.6B by ...

Aug 16, 2024
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Boulder Associates’ David Oh On Why Colorado's Life Sciences Market Is 'Positioned To Grow Quickly'
News

Boulder Associates’ David Oh On Why Colorado's Life Sciences Market Is 'Positioned To Grow Quickly'

... another 56K SF spec lab at Flatiron Park pioneered by BioMed Realty. But like any other market in the U.S., Denver ...

Aug 06, 2024
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How The Massive Life Sciences Bet By IQHQ, Bank OZK Became A Symbol For A Shifting Market
News

How The Massive Life Sciences Bet By IQHQ, Bank OZK Became A Symbol For A Shifting Market

... the name Creative Science Properties with a team that included BioMed Realty Trust founder Alan Gold, was basically “flipping a property that ...

Jun 10, 2024
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A rendering of Federal Realty's 350 Assembly Row development in Somerville.
News

Federal Realty Delays Somerville Lab Project Due To ‘Oversaturation’

... due to economic conditions and lack of demand.  Federal Realty Investment Trust executives filed a request with the Somerville ... area feeling the pressures from the life sciences slowdown. BioMed Realty's Assembly Innovation Park and Greystar's 74M tower are ...

May 21, 2024
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Layoffs And The Supply Glut Push Bay Area Life Sciences Vacancy Rate Above 20%
News

Layoffs And The Supply Glut Push Bay Area Life Sciences Vacancy Rate Above 20%

... said. Wareham Development and Alexandria Real Estate Equities, along with Biomed Realty, HealthPeak and Phase 3 Real Estate Partners, are among the ...

Apr 23, 2024
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CBRE headquarters Los Angeles
News

CBRE Taps Former Morgan Stanley CRE Banking Head For Board Of Directors

... Partners, Industrial Property Trust, Liberty Property Trust and Duke Realty. During his time at Morgan Stanley, Metcalfe oversaw ... Blackstone’s acquisitions of companies, including Hilton Hotels, BioMed Realty Trust and QTS, as well as on multiple separate ...

Feb 23, 2024
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Spark LS Morrisville
News

New Life Sciences Partnership Kicks Off National Push With Research Triangle Projects

... the skilled workforce that's available,” said Sullivan, a former BioMed Realty chief investment officer. But while there are opportunities in this ...

Feb 02, 2024
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