5 minute read
Life Science
Revista to Launch First Customized Life Science Building Database
Arnold, MD – Maryland-based Revista announced it will be offering a propertylevel database of all U.S. life science real estate, RevistaLAB, with industry statistics and resources, metro and regional market reports, and a directory of industry product and service providers. RevistaLAB will also host high-level, strategic networking and educational events, including in-person forums, conferences, and webcasts with industryspecific, data-based subject matter and experts.
Revista began providing the nation’s only medical real estate data service, RevistaMED, in 2014, which now has more than 1000 users and attendance at its annual executive-level networking event of nearly 500.
“We are excited about our partnership with Revista,” said Mark Burkemper of Harrison Street, which is also a founding signature partner with Revista. “We share their vision of improving the availability of life science real estate data and information to ultimately facilitate a better-equipped industry that is ready to meet the country’s growing demand for pharmaceutical research and development. We look forward to collaborating with Revista’s well-established team through participation in the advisory board, events and in the presentation of these key resources to the industry.”
“Life science has become a dynamic real estate sector that is attracting the interest of the broader real estate investment community,” said Erik Tellefson, senior managing director of Capital One, which has a longstanding relationship with Revista. “The increased transparency and analytical tools that Revista is building will provide specific insight into these powerful trends that will benefit both investors and providers.”
Revista will introduce data for the three bioscience markets of Boston, San Fransisco, and San Diego in October, roll out the remaining sector markets during the next several months, and hold a national launch event at the Encore Boston Harbor on Oct. 13-14. Access to the one-stop online resource will be easy to use and subscription-based. With a simple registration and login, and a highly specialized interface, users can filter and customize the search results in various ways. These resources are provided in collaboration with Revista’s life science real estate industry partners and sponsors. The national event in October will feature six of the most popular general sessions from Revista’s medical real estate event with a new life science focus. Sessions include a macro-overview of the sector; a national and marketlevel data-driven state of the industry presentation; a Capital Markets panel with executives from some of the top investors in bioscience; a construction, development, and repurposing case study panel; a dealmakers spotlight session; and a closing real estate economy keynote
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featuring Jim Costello, head of real estate economics MSCI/chief economist MSCI – Real Assets.
Revista’s resources are being designed for a wide range of potential users, including real estate brokers; property owners, bioscience real estate executives, managers, and investors; advisory firms, investment banks, and underwriters; equity research analysts; academic and government researchers; merger and acquisition firms; development/ construction firms; architecture firms; and legal firms.
Design Firm Selected for Lab Building
300 Binney St. / Rendering courtesy of HGA and BXP
Cambridge, MA – Broad Institute has selected HGA to design a 225,000sf lab and office space for advanced biomedical research in Cambridge.
Located at 300 Binney St., the project significantly increases the footprint of Broad Institute within Kendall Square. The project will convert and expand an existing 6-story building into a state-ofthe-art biomedical research facility with robust laboratory infrastructure.
Slated for completion in early 2025, HGA will provide architectural programming and design services that will allow Broad to support the continuing growth of its faculty labs, research programs, and technology platforms led by professional scientists.
“We are thrilled to be supporting Broad Institute in their vision for this major expansion,” said Mark Allen, science + technology principal. “It is exciting to work with leaders in genomics and related fields, and to plan collaboratively for the next generation of lab spaces that will enhance scientific innovation.”
HGA has worked closely with Broad Institute on several master planning and research facility renovations, including those for the Genomics Platform at 320 Bent Street and laboratory conversions at 75 Ames Street, both in Kendall Square.