31
Oct
2022
What it Took to Build Chicago’s Largest Private Chemical Lab in Fulton Market
Posted On October 31, 2022  By Jason Utah  And has 1 Comment

As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up […]

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10
Oct
2022
Lincoln Yards and The Salt Shed: Unique Developments on Chicago’s North Side
Posted On October 10, 2022  By Trey Barrineau  And has No Comment

Along the banks of the Chicago River on the city’s North Side, new developments are arising that have the potential to revitalize this former industrial area. A tour during NAIOP’s CRE.Converge showcased two projects that are part of this effort. Sterling Bay’s Lincoln Yards is a […]

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21
Jul
2022
Top Five US Metros for Life Sciences in 2022
Posted On July 21, 2022  By Ioana Ginsac  And has No Comment

Growth in the life sciences sector has driven demand in recent years for both commercial real estate space and labor to accommodate this specialized sector. A new study by commercial real estate platform CommercialCafe set out to identify the best metros for life science companies in […]

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28
Sep
2021
Life Sciences Real Estate Drives Innovation, Transforms Communities
Posted On September 28, 2021  By Jeff Zbar  And has 2 Comments

As part of the commercial real estate industry, the life science market is dwarfed by its industrial sibling. Where the latter comprises 14 billion square feet of developed space nationwide, the life science sector includes 150 million square feet. It may be a niche segment, but […]

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13
Sep
2021
Office Leasing Rates Remain Stable Amid Delta Variant Emergence
Posted On September 13, 2021  By Irina Lupa  And has 6 Comments

The emergence of the COVID-19 Delta variant has played an important part in delaying some planned returns to the office. However, many businesses have been well equipped to adapt to the continually shifting economic environment. While some companies are pushing reopening dates later in the fall […]

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27
Jul
2021
Biomed, Life Science Clusters Capture Lab-Focused Investor Interest
Posted On July 27, 2021  By Ioana Ginsac  And has 5 Comments

Rising consumer spending, greater mobility and improved vaccination rates are contributing significantly to bringing back commercial activity to markets that have been impacted by challenges associated with social distancing, limited travel and density. While long-term space planning remains somewhat fluid, flexibility on concessions rather than on […]

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24
Mar
2021
Life Sciences Innovators Need Inspired Workplaces
Posted On March 24, 2021  By Ken Wardingley and Tina Kocoras  And has 1 Comment

Life sciences firms are under intense pressure right now to research and produce viable COVID-19 vaccines, and their workplaces and labs need to support their vital work. While many current pharmaceutical office trends will continue, new priorities are emerging that include accessible outdoor space, increased security […]

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08
Oct
2020
The Three Biggest CRE Opportunities Post-COVID 19
Posted On October 8, 2020  By Marie Ruff  And has 1 Comment

The pandemic has directly impacted commercial real estate – with shutdowns, supply chain disruption, changing consumer habits, and more – and accelerated some existing trends like increasing reliance on e-commerce and widespread adoption of working from home. Three leading industry experts at CRE.Converge Virtual 2020 shared […]

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22
Sep
2020
How Life Sciences Labs are Boosting Productivity to Meet Growing Demand
Posted On September 22, 2020  By Roger Humphrey  And has 1 Comment

The life sciences industry has been a bright spot in the U.S. economy, with private investors putting more than $16 billion to work in the first half of 2020. That is in addition to a steady stream of government funding, with the National Institutes of Health […]

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