Vermeulens has released its market outlook report for the third quarter of 2022. Key points include:

Thor Equities opened a 350,000-sf research facility in Jersey City in October of 2022.

King Street Properties broke ground in October of 2022 on the $915 million Allston LabWorks complex in Boston.

Amgen opened a 245,000-sf R&D center in South San Francisco in October of 2022.

The Eli and Edythe L.

Ivanhoé Cambridge and Lendlease broke ground in September of 2022 on FORUM, a $500 million life sciences facility in Boston.

Florida Polytechnic University opened the $47 million Applied Research Center in August of 2022 in Lakeland.

The University of Huddersfield is planning to construct the National Health Innovation Campus in Huddersfield in the United Kingdom.

Breakthrough Properties began construction in August of 2022 on the One Canal life sciences center in Cambridge, Mass.

Longfellow Real Estate Partners broke ground in August of 2022 on a 323,000-sf life sciences center in San Diego.