
Bristol Myers Squibb Commits 2.3 Billion Dollars to a Houston Campus
A second pharma giant plants a Sun Belt flag, turning Generation Park into a life-sciences cluster.
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12 published items

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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