Growing demand for life sciences research space is driving an increase in office-to-lab conversion projects in the United States.

DLJ Real Estate Capital Partners and Leggat McCall Properties opened a 289,000-sf life sciences facility in Somerville in May of 2022.

AstraZeneca is partnering with Boston Properties to create a 570,000-sf R&D center in Cambridge, Mass.

Elanco Animal Health broke ground in April of 2022 on its global headquarters campus in Greenfield, Ind.

George Mason University broke ground in April of 2022 on Fuse at Mason Square in Arlington, Va.

Drexel University and Gattuso Development Partners will break ground in fall of 2022 on a 500,000-sf life sciences research center in Philadelphia.

Vermeulens has released its market outlook report for the fourth quarter of 2021. Key points include:

The University of California, Davis broke ground in February of 2022 on Aggie Square in Sacramento.

Leggat McCall Properties and DLJ Real Estate Capital Partners are planning to construct a 353,000-sf life sciences facility in Somerville, Mass.

Phase 3 Real Estate Partners and Bain Capital are constructing the Genesis Marina life sciences campus in Brisbane, Calif.