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UniverCity Breaks Ground in Millenia Community - San Diego Business Journal

UniverCity Breaks Ground in Millenia Community - San Diego Business Journal
sdbj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sdbj.com Daily Mail and Mail on Sunday newspapers.

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Office-to-Life Science Conversions: High Demand, Lower Cost, Faster Delivery

Given a marked flight-to-quality and declining demand for office space overall, older office assets are increasingly being converted to other uses. ....

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Costa Azul hotel, restaurant complex approved for Carmel Valley

Costa Azul hotel, restaurant complex approved for Carmel Valley
delmartimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delmartimes.net Daily Mail and Mail on Sunday newspapers.

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What It Takes to Convert Office Space to Lab Space

What It Takes to Convert Office Buildings to Biolab Space?
Conversions to life science space are becoming more popular, but there are some considerations to keep in mind.
With demand for office space somewhat anemic right now, many office landlords are considering repositioning their office buildings as life science lab space, especially in premier biomedical research markets, including Boston-Cambridge, the San Francisco Bay Area and San Diego.
Office-to-lab conversions are currently a hot trend in the Boston-Cambridge market, according to Boston-based Robert Richards, who leads the Cambridge/Urban team at real estate services firm Cushman & Wakefield. “Demand for biomedical lab space is insatiable right now and will remain in high demand for next 24 36 months in the Boston-Cambridge metro,” he says, noting that when the 2 to 3 million sq. ft. of new lab space under construction is delivered in 2023 and 2024 this sector is expected to soften a little. ....

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