Life science assets have made the list of commercial real estate darlings, along with industrial and multifamily. That means a slew of new capital is entering the market—but Bill Kane, president of East Coast and UK markets at BioMed Realty says that the highly specialized sector isn't for everyone.

"The life science sector has been resilient, and we remain strong believers in long-term market fundamentals. While we're seeing an uptick in companies that want to capitalize on the life science boom, it takes a truly specialized team to develop and manage these complex properties and portfolios and establish trust with the occupants," Kane tells GlobeSt.com.

BioMed has been active in the life science market since long before it became a popular asset. "We have decades of expertise and experience from developing ground up lab space and office-to-lab conversions, which is an important factor when clients look for a real estate partner in the core markets," says Kane.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.