Life Science News
Commercial Real Estate News
Breakthrough Properties and Tishman Speyer Originate $90M Mezzanine Bridge Loan on San Diego Life Sciences Campus
Breakthrough Properties, Harvard and Tishman Speyer Complete First Phase of Allston Enterprise Research Campus
Kilroy Realty Expands Revolving Credit Facility to $1.25 Billion With JPMorgan, BofA Securities, Wells Fargo Leading Syndicate
Charter Hall Acquires $445 Million Sonic Healthcare Life Science Facility in Brisbane Sale-Leaseback
JLL: U.S. Life Sciences Lab Availability Contracts for First Time in Years as Tenant Demand Grows
Europe's $48 Billion Pharma R&D Spend Reshapes Life Science Real Estate Demand, JLL Reports

Alexandria Real Estate Equities Is Moving Forward With Plans to Convert Harrison Real Estate Asset Into 254-Unit Seattle Apartment Building
Alexandria Real Estate Equities is moving forward with plans to replace a bioscience building at 410 W. Harrison St. in Seattle's Lower Queen Anne neighborhood with a 254-unit apartment building.

MCB Real Estate Names Ryan Homes and NVHomes as Homebuilders for $2.7B VIVA White Oak Development in Silver Spring
MCB Real Estate has named Ryan Homes and NVHomes as homebuilding partners for VIVA White Oak, a $2.7 billion mixed-use development in Silver Spring, Maryland. The announcement follows Montgomery County's approval of up to $420 million in Tax Increment Financing bonds, clearing the project's final legislative hurdle ahead of a planned fall construction start.

Alexandria Real Estate Equities Delivers 427,000 RSF Bristol Myers Squibb R&D Hub at San Diego Megacampus
Alexandria Real Estate Equities has delivered a 427,000 rentable square foot research and development hub for Bristol Myers Squibb at the Campus Point by Alexandria Megacampus in San Diego. The completion brings the 2.9-million-square-foot campus to 95.4% occupancy as of March 31, 2026.

Century Housing, Charles R. Drew University Win County Approval for 254-Unit Affordable Campus in Willowbrook
The Los Angeles County Board of Supervisors has approved final land use entitlements for the CDU Wellness & Education Campus in Willowbrook, clearing the way for Century Housing to develop 254 affordable homes as part of a broader mixed-use health and education hub adjacent to Charles R. Drew University. The Board's action also certified the project's environmental review and approved a long-term ground lease, establishing site control for the future campus.
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AdvanCell Signs 128,000-SF Full-Building Lease at IQHQ's Innovation Park in Andover, Massachusetts
Clinical-stage radiopharmaceutical company AdvanCell has signed a long-term, full-building lease for approximately 128,000 square feet at IQHQ's Innovation Park in Andover, Massachusetts. The transaction brings the newly constructed Phase 2 of the campus to 100% leased and ranks among the largest life science leases in Greater Boston this year.

Scottsdale Planning Board Approves Shift from Commercial Space to 350-Unit Condo Expansion at One Scottsdale
DMB Associates has received planning board approval to reduce commercial space at One Scottsdale in favor of 350 for-sale condominiums and a Marriott Autograph Collection hotel. The move opens the door for Belgravia Group, the builder behind two condo projects at the mixed-use development, to expand its residential pipeline at the north Scottsdale site.

Novartis Expands King Street Properties' Pathway Triangle in Morrisville to Over 250,000 SF With Second Facility
Novartis will add a second facility at King Street Properties' Pathway Triangle campus in Morrisville, North Carolina, leasing 56,200 square feet for active pharmaceutical ingredient manufacturing. The expansion brings the global pharmaceutical company's total footprint at the one-million-square-foot campus to more than 250,000 square feet.

King Street Properties Signs 8,775 SF Lab Lease at Mesa Labworks in San Diego with Interfacial Consultants
King Street Properties has signed a lease with Interfacial Consultants LLC for an 8,775 square foot turn-key lab suite at Mesa Labworks in San Diego, marking the Wisconsin-based firm's first California location. The deal adds to the growing tenant roster at the 62,000 square foot life science campus in Sorrento Mesa.

King Street Properties' Innolabs Achieves Full Occupancy with Rover Diagnostics Lease in Long Island City
King Street Properties and GFP Real Estate announced that Innolabs, a 267,000-square-foot life science facility in Long Island City, N.Y., has reached full occupancy following a 15,763-square-foot lease with Rover Diagnostics. The transaction underscores continued demand for move-in ready lab space in the New York metro life science market.

King Street Properties Signs 42,000 Square Foot Lease with Terrestrial Bio at Allston Labworks Life Science Campus
King Street Properties has signed a 42,000 square foot lease with Terrestrial Bio at 250 Western Avenue, part of the Allston Labworks mixed-use life science campus in Boston. The campus includes more than 500,000 square feet of life science and office space, along with retail and residential components.