Life Science
BioLife Solutions Converts Former Bothell Church Into 5,000 SQFT Cryobiology Lab, Pushing Footprint to 64,000 SQFT
A onetime evangelical sanctuary on Monte Villa Parkway has been gutted and rebuilt into one of the few dedicated cryobiology research labs in...
BSI Brief Warns Puget Sound’s Tightening EHS and Climate Rules Are Redrawing the Cost of Operating Across Four Key Sectors
A new BSI executive brief argues that the greater Seattle region’s overlapping environmental, workforce and climate regulations have raised the operational bar for...
National Lab Market Turns the Corner, But Seattle Risks Being Left Behind in Uneven Recovery
The U.S. life sciences real estate market has finally bottomed out after four years of turbulence, according to JLL’s new national lab report,...
2024 to Witness Record Life Science Completions as Traditional Office Construction Declines
REPUBLISHED WITH EXCLUSIVE PERMISSION FROM COMMERCIAL EDGE. THE ORIGINAL STORY CAN BE FOUND HERE. By Evelyn Jozsa Key Takeaways: With tighter loan availability...
Oregon Pension Fund Creates $200MM Life Science Co-investment with Harrison Street, Targets Seattle Assets
By Jon Peterson Oregon Public Employees Retirement Fund has formed a co-investment relationship with Chicago-based Harrison Street Real Estate Partners to invest in life...
Alexandria Brings JV Partner into Seattle Life Science Portfolio for $315MM
Alexandria arranged the off-market, joint venture transaction with Clarion Partners for a 70 percent portion of the life science portfolio in Seattle’s South...
Blackstone Raises $7.5B for New Life Science Fund, Will Target Seattle
By Jon Peterson New York City-based Blackstone has raised $7.5 billion of equity capital for its new life science office perpetual commingled fund, as...
Massachusetts State Pension Fund Plans $200MM Co-Investment with Blackstone for Life Science Portfolio
By Jon Peterson Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has approved a $200 million commitment into a co-investment of a large...
BioMed Realty Buys Full Block in South Lake Union for $16.2MM
By Brittan Jenkins After San Diego-based BioMed Realty sold its life science building in Bothell for over $18 million in December, it reallocated a...
