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New Weston Labs Get First Biotech Tenant - Banker & Tradesman

New Weston Labs Get First Biotech Tenant - Banker & Tradesman
bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.

This Week s Boston Deal Sheet

CBRE Hires Don Domoretsky to Join its Life Sciences Consulting Group in Greater Boston

CBRE announced today that Don Domoretsky has joined the firm as an Executive Vice President in its industry-leading Life Sciences Consulting Group in greater Boston. Don will join John Varholak and Eric Smith and the balance of CBRE’s life sciences team in representing both occupiers and investors with a focus.

Boston Has A Dire Shortage Of Biomanufacturing Facilities

Boston Has A Dire Shortage Of Biomanufacturing Facilities The red-hot life sciences market in and around Boston is lacking a critical piece as its growing companies look to expand. Biomanufacturing facilities are few and far between in the region, and biopharmaceutical companies are scrambling for solutions, experts said. New medicines require fundamentally different manufacturing than the drugs of the past, meaning most of these facilities need to be built new. Courtesy of King Street Properties A rendering of King Street Properties 45-acre biomanufacturing campus in Devens. “There’s a dire shortage of this kind of real estate,” King Street Properties principal Stephen Lynch said. “There doesn’t exist, in the U.S., an organized real estate market for this product type. The end users, the companies that need to make these drugs, are scrambling for solutions.”

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