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FeaturedIndustry NewsLife Science

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...

Sana Biotechnology, Bothell, Puget Sound, Fremont, Seattle, Cambridge, South San Francisco, Rochester
FeaturedIndustry NewsLeasingLife Science

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...

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FeaturedIndustry NewsLeasingLife Science

Seattle Life Science Vacancy Climbs to 22.8% as More Than 500,000 SQFT of New Product Delivers

Two major projects enter Greater Seattle's lab market in 2025 with moderate preleasing as NIH and venture capital funding both decline year over...

Seattle skyline
CommercialFeaturedIndustry News

Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT

Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...

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FinanceIndustry NewsLife Science

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...

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CommercialFeaturedFinanceIndustry News

Eastside Office Market Records $106.4MM in Sales Across Six Transactions in Q4 2025

The Eastside office market closed 2025 with $106.4 million in investment sales across six transactions totaling 386,121 square feet, according to Broderick Group's...

office building facade
CommercialFinanceIndustry News

Alexandria Sells 144,000 SQFT Office Building in Bothell for $45.6MM

A Bothell office property leased to BASIS Independent school has changed hands for $45.6 million, or about $317 per square foot, according to...

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AECFinanceIndustry NewsLife Science

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...

Bellevue skyline
AECIndustry NewsLife Science

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...

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CommercialFinanceIndustry News

Alexandria Sells 53,000 SQFT Seattle Office Building for $5MM

Life sciences landlord exits historic Sodo property; Puget Properties affiliate steps in as buyer A Seattle office building has been purchased at a...

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FinanceIndustry NewsLife Science

Bothell’s Biotech Blues: A Life Sciences Hub Under Pressure

A string of facility closures and workforce cuts threatens the Seattle suburb's ambitions to become a major biotech center The signs of distress...

microscope in a lab
FeaturedFinanceIndustry NewsLife Science

Alexandria Real Estate Posts Third Consecutive Quarterly Loss as Life Science Sector Challenges Persist

Alexandria Real Estate Equities reported a net loss of $0.64 per share for Q2 2025, marking its third consecutive quarterly loss amid declining...

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