Life Sciences: CRE’s New Frontier – Growing Opportunities to Boost Your Portfolio

According to a recent Bloomberg article, “If ever there was a virus-proof slice of the commercial real estate business, selling space for medical labs would be it. COVID-era disruptions have sparked a lot of conversations around office conversions, with commercial landlords asking about the potential of swapping out desks and cubicles with test tubes and pipettes.” (Here Comes the Life Sciences Land Rush). Could your portfolio use a booster shot? As the industry moves to increase domestic production and capacity, NJ is uniquely positioned to welcome new life sciences businesses, from research and development to the manufacturing of vaccine components. NAIOP NJ’s webinar will bring together experts to provide: a primer on the Life Sciences sector; emerging opportunities to retrofit existing space; what you must know about the specific needs of these atypical end users (zoning restrictions, high costs of space conversions, insurance considerations in multi-tenanted buildings, hazmat risks). The program: How Rutgers R&D is Powering Life Sciences Growth in NJ: Dr. Brian Strom, Chancellor of Rutgers Biomedical and Health Sciences, with introductory remarks from Debbie Hart, President & CEO of BioNJ. Life Science Opportunities, Financing, and Incentives: Gene Diaz, Prism Capital Partners; and Tim Sullivan, NJ EDA. Building on Success – Case Studies: Dan Loughlin, JLL, Melissa Gliatta, Thor Equities, Peter J. Cocoziello, Jr., Advance Realty, and Al Martino, Nestle Health Science. Legal and Site Considerations: Matthew Malone, Perkins & Will, Stephen Neeson, Structure Tone, and Christian Roche, Langan Engineering & Environmental Services. Make & Renew Connections: Networking will be available before and after the speaking program. Our new virtual event platform Remo offers a networking experience that feels natural and fun! (Learn more about Remo). Closer to the event, all registrants will receive instructions for creating a Remo Profile and accessing the webinar. NAIOP NJ thanks our Master Sponsors for their generous support!