
Bank OZK Extends A $915M San Diego Lab Loan To Oct. 9
The 1.7M SF RaDD project finished in 2024 with no tenants; Citi calls the extension a forbearance.
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CRE 360 Signal editorial tag
16 published items
The Best Bid For Empty Office Came From Retail
Burlington paid for a building that is 4% leased.
The Lease Term Was the Headline
A 78 million dollar Seattle-area drug plant came with 21 years of rent attached.
The Boom That Built Too Much
Life sciences was the consensus winner. Now three-quarters of last year's new lab space sits empty — and it's a clinic on supply discipline.

The 1.7M SF RaDD project finished in 2024 with no tenants; Citi calls the extension a forbearance.

A health system takes 105,000 sf in a 469,000 sf building two years after delivery.

Cushman and Wakefield's Q2 pipeline shows a sector that has stopped building spec and started building for tenants.

A second pharma giant plants a Sun Belt flag, turning Generation Park into a life-sciences cluster.

A developer takes a freshly built spec lab off its balance sheet as U.S. lab leasing slows.

Lila Sciences takes 235,500 SF in Cambridge while Boston lab vacancy sits at 26%.

A mission buyer not a return fund sets the exit bid for stranded office-lab.

Vacancy near 32% has cut lease terms by 30% — the recovery is arriving on tenants' paper.

Vacancy is still ugly, but availability is falling and demand is surging.

AdvanCell's 128K SF Andover lease is a bet on U.S. drug production, not just lab space.

Availability is contracting for the first time in years, and the recovery is splitting by quality and metro.

Roughly three-quarters of 2025's new life sciences supply is still sitting empty.

Alexandria's Q1 print broke the "life sciences bottoming" thesis in a single line on the earnings call.
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