Historic Quartermaster Campus to be Converted to New R&D and Biomanufacturing Lab Space

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To add to the growing list of recent life science real estate developments in Greater Philadelphia, this week Scheer Partners shared that SkyREM, a real estate investor, owner, and developer with properties across the country, has big plans to convert Philly’s historic Quartermaster site into the Quartermaster Science + Technology Park. The $250 million commercial redevelopment project will include both wet and dry lab space catering to early-stage life science startups as well as more established companies. 

City Garage Science and Technology Center Signs Leases with Haystack Oncology and Longeviti Neuro Solutions and an Expansion with Launchport

Photo of City Garage in Baltimore
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Haystack Oncology and Longeviti Neuro Solutions, life science companies affiliated with Johns Hopkins University, have signed leases at City Garage Science and Technology Center totaling over 30,000 square feet in Baltimore Peninsula. Additionally, Launchport has expanded their operations by 6,200-sf.

South Duvall & Scheer Partners to Deliver More Spec-suites and Build-to-Suit Space in Maryland 

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It’s been a big few years in the Biohealth Capital Region, especially big for commercial real estate firm Scheer Partners. After the success of buildings like 704 Quince Orchard, a 77,000-square-foot office building converted to lab space, Scheer Partners has continued to bring new buildings to market with both spec suites and build-to-suit space available for tenants of all sizes.  

How is Montgomery County Built for Bio? Get the Answers from These Life Sciences Execs

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Montgomery County is well known for many transformative firsts in life sciences. First to sequence the human genome; first gene therapy for sickle cell, first cell therapy for COVID-19 — and that’s just the start.* Montgomery County is an epicenter for translating knowledge into life-changing treatment and cures, with gene and cell therapies representing some of the most promising advancements in human health.

1450 Research Boulevard to Bring 45,000 Square Feet of Amenity-Rich Lab Space to Rockville

Collage depicting 1450 Research Blvd building, an image of the exterior, and the South Duvall logo
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South Duvall, the Rockville-based life science real estate investor, is set to convert an office building at 1450 Research Boulevard to 45,000 square feet of lab space. The Rockville building, which South Duvall submitted plans for earlier in January, will be flush with amenities and suitable for one or multiple tenants.

Maryland Real Estate Roundup 2021

Collage with photos of Baltimore, Frederick, the Maryland flag, blue crabs, and text saying "Maryland Real Estate Roundup 2021"
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This year, Maryland continued to prove why it’s becoming one of the strongest biohealth clusters in the country. The state’s commitment to businesses in the life science, pharmaceutical, and biotech industries has continued as both the private and public sectors work to meet the demand for more space. Here are a few of the biggest real estate projects in Maryland in 2021. Some of these projects are still under construction, while others were unveiled this year. 

Federal Realty Plans to Offer Employers Amenity-rich Space at 935 Prose

Photo of the planned 935 Prose Street building
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Federal Realty, the developers of Pike & Rose, recently announced the development of 935 Prose Street, a 10-story building right near the intersection of Montrose Parkway and Rockville Pike. The building adds to the company’s recent foray into the biotech space, with another project at Assembly Row in Somerville, Massachussetts. Ignoring the market demand for real estate in this sector the last few years was near impossible, said Federal Realty’s VP of Development, Jay Brinson. 

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.

Federal Realty Plans 10-Story Life Science Facility at Pike & Rose to Fuel Extension of Montgomery County’s Life Science and Biotech Corridor to North Bethesda

Federal Realty Investment Trust Logo
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North Bethesda, Md. (December 1, 2021) – Federal Realty Investment Trust (NYSE:FRT) is setting the new standard for life science facilities with plans for an iconic, amenity rich 935 Prose, located in the heart of North Bethesda’s Pike & Rose. The project will be designed by internationally acclaimed architect, Gensler, and the 10-story state-of-the-art building will extend the biotech corridor beyond Shady Grove to Pike & Rose, the premier transit-oriented destination for shopping, dining, living, and working in Montgomery County.