Life Science
Intercontinental Real Estate Corporation Sells 228,000 SQFT 222 Fifth Life Science Property in Seattle for $50MM
Former Phoenix Suns owner's affiliate purchases 222 Fifth, a 228,000-square-foot biotech hub in South Lake Union housing early-stage startup incubator A large life...
Seattle Life Sciences Market Posts Modest Gains as Major Construction Project Completes
Pacific Northwest hub delivers 227,000 square feet of new lab space, accounting for more than 80 percent of national Q4 completions Seattle's life...
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
Columbia Pacific Advisors Plans 1,193-Unit Mixed-Use Development in Bellevue’s BelRed District
121,041 SQFT lab research facility and seven residential towers proposed for 8.99-acre site at 13201 NE Spring Boulevard Bellevue's BelRed neighborhood is positioned...
Seattle Life Sciences Market Faces Headwinds Despite Strong Research Foundation
Vacancy rates climb and leasing activity slows in the Pacific Northwest hub, reflecting broader industry challenges Seattle's life sciences real estate market is...
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
JLL Experts: West Coast Life Sciences Hubs Face Oversupply Reckoning as Industry Recalibrates
Markets from San Diego to Seattle show divergent fortunes as funding uncertainty and soaring vacancies reshape the sector's real estate landscape The gleaming...
Alexandria’s 888,000 SQFT Life Sciences Development Continues to Move Forward in Bellevue
Two-tower project at 1445 120th Avenue NE receives environmental approval as part of larger Pine Forest campus transformation The shift from traditional office...
Report: Seattle Life Science Market Vacancy Surges to 17% as Funding Recovery Fails to Spur Demand
Market absorption lags despite venture capital rebound to $998M in 2025, up 90.5 percent from prior year Seattle's life sciences real estate market...
Seattle Life Sciences Market Faces Rising Vacancies as Developers Pump the Brakes
The sector shows mixed signals with surging venture funding, but climbing vacancy rates and stalled construction projects Seattle's life sciences real estate market...
AGC Biologics Leases 35,000 SQFT at Element Research Center in Bothell
Life sciences firm's latest move underscores Bothell's emergence as biotech hub amid broader Eastside office market recovery AGC Biologics has leased 34,914 square...
Pacific Northwest Research Institute Lists for Sale 45,000 SQFT Lab Facility at 720 Broadway in Seattle
Independent biomedical research institute lists 45,000-square-foot facility with Heartland, LLC as exclusive advisor Seattle, WA — September 29, 2025 — Pacific Northwest Research...
