by admin | Nov 17, 2022 | job market, Life Science, Local News, tech
MetLife Investment Management has completed its $103 million purchase of Burlington BioCenter, a 109,085-square-foot life science research and pharmaceutical manufacturing facility in Burlington, Mass. Public records show MetLife financed the acquisition with a $54.4...
by admin | Nov 16, 2022 | job market, Market Updates, Office, sustainability, tech
Demand from life sciences tenants in search of lab space in New York City remained robust in the third quarter as premium product became available, CBRE reported. During Q3, demand for space reached 2.1 million square feet, while new lab space under construction or...
by admin | Nov 15, 2022 | job market, Life Science, Local News
U.S. life sciences real estate showed signs of normalizing in this year’s third quarter after setting records in 2021, CBRE says in a new report. Nonetheless, market fundamentals surpass those from before the pandemic. The average lab vacancy rate across the top 12...
by admin | Oct 12, 2022 | job market, Life Science, Local News, society
As the life sciences industry moves out of the spotlight of the Covid-19 pandemic and into a new era, a fierce cohort of women founders and executives is leading the way. Women still make up a small fraction of board members and C-suite executives in the life sciences...
by admin | Sep 13, 2022 | Construction, Development, Industrial, job market, Life Science, Local News, Retail
Somerville’s planning board is meeting next month to consider the next step in developer US2’s nine-story life sciences building in Union Square. US2 has proposed a 280,000-square-foot mixed-use development with ground-level retail at 50 Webster Ave. The project would...
