800,000 sf of New Lab Space to Come Online in Montgomery County

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Developers announced plans Thursday to build a pair of big laboratory facilities, totaling 800,000 square feet, in Montgomery County, reflecting that municipality’s ongoing efforts to remain a magnet for the life sciences and biohealth industries.
The lab sites are collectively branded EvolutionLabs, with their primary driver being Bethesda-based developer Stonebridge. The smaller of the two projects, but the first to get underway, will comprise two buildings, together weighing in at 250,000 square feet. The first building, six stories and 150,000 square feet, is anticipated to break ground this fall, with tenant construction to follow next winter. The second building, at 100,000 square feet, will break ground in 2024.

Montgomery County, MD Chosen for Global Pandemic Prevention and Biodefense Center Headquarters

Montgomery County Economic Development Corporation Logo
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Connected DMV, a leading Greater Washington organization that seeks to help solve complex regional challenges, spearheaded efforts to establish the Global Pandemic Prevention and Biodefense Center in response to the COVID-19 pandemic. The Center’s goal is to help prevent future outbreaks from becoming pandemics by developing a stockpile of human monoclonal antibodies in advance for emerging infectious diseases and by integrating antibody distribution and delivery across the global health and pandemic prevention ecosystem. Montgomery County is uniquely positioned to be the host location for the Center, which aims to harness the rich talent and critical health research, biotech, defense, and government assets required to deliver a full-scale response.

Scheer Partners Releases BioHealth Capital Region Q3 Lab Market Report

Scheer Partners Lab Report Header
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Scheer Partners, a full-service commercial real estate firm headquartered in Rockville, Md and the leading provider of fully integrated commercial real estate services, recently published their Q3 Lab Markets Report for the Biohealth Capital Region, outlining the progress, challenges, and trends in the space.

Monument Realty Branches into The Life Sciences Sector

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Monument Realty, in partnership with Nuveen will be developing a state-of-the-art life science building located just off I-270 in Gaithersburg, MD, on a 33-acre parcel of land owned by an affiliate of Monument Realty. The new building is being specifically designed to meet the advanced requirements of tenants in the fast-growing life sciences sector. The project located at 735 Watkins Mill Road will be named Monument Innovation Center and will be the latest addition to the life science cluster in Maryland’s I-270 Life Science Corridor.

MCEDC RELEASES ACTION PLAN TO ACCELERATE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND

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The Montgomery County Economic Development Corporation (MCEDC) has released the report findings of an expert Economic Advisory Panel to develop a consensus strategy to grow the economy of Montgomery County, Maryland. The report, entitled Connecting the Dots: Accelerating Economic Growth in Montgomery County, Maryland, offers an action plan of the immediate steps necessary to transform Montgomery County’s economic climate into the top tier nationally.

5 Questions with Nur A. Hasan, Ph.D., MBA, CEO of EzBiome Inc.

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Dr. Hasan is a molecular microbiologist specialized in genomics, microbiome R&D, and strategic development of technology innovation in the biotech and life science industries. His work has resulted in multiple patents and hundreds of peer-reviewed articles, abstracts, and conference proceedings in the field of microbial genomics, microbiome, molecular ecology, and infectious diseases.

Q&A: JLL’s Pete Briskman on Montgomery County’s Life Science Market – Commercial Observer

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With the highest concentration of Ph.D.s in the country — plus proximity to the government, top-tier medical universities and numerous biomedical companies — the life sciences sector in Montgomery County is ripe to accelerate in the coming years.
There’s also a rising interest among building owners in converting assets to lab, research and biotech space throughout the D.C. region.
SEE ALSO: Investor Blackwells Comes Out Against Sam Zell’s Acquisition of Monmouth
Pete Briskman, JLL’s executive managing director and co-lead for the firm’s mid-Atlantic life sciences practice, spoke with Commercial Observer about why the area is so popular and his belief that demand will continue in the months and years ahead.
Commercial Observer: How would you portray Montgomery County’s life sciences business as we stand here in the first week of August?

Alexandria Real Estate Equities Plans 200K SF Lab Building To Kick Off Huge Rockville Project

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Montgomery County is set to consider plans for the first phase of a five-building life sciences project in Rockville.

An affiliate of life sciences giant Alexandria Real Estate Equities filed plans for a 200K SF research and development building as part of an 18-acre project on Darnestown Road. The Montgomery County Planning Board is scheduled to hear the plans on July 29.