The Chicago Science + Tech Advisory team is a collaborative group of industry professionals, committed to providing exceptional consultative services throughout the Greater Chicago Area. With significant experience representing a diverse group of science and technology companies both nationally and locally, including Big Pharma, medical device, and gene therapy start-ups, the team has a thorough understanding of the macro and micro dynamics in the broader industry, as well as the unique needs and challenges of different types of lab users.
The Chicago Science + Tech Advisory team is a member of Cushman & Wakefield's National Life Sciences Practice Group. This globally diverse network delivers integrated solutions to investors, developers, and occupiers of life sciences real estate. Strategically positioned in major life sciences hub markets across the country, our experienced teams offer comprehensive coverage where innovation thrives. We build global connections, foster a culture of collaboration, and leverage cutting-edge data and research to meet our clients’ ever-evolving needs, wherever they want to be. With expertise in all areas of life sciences real estate, from site selection and lease negotiation to property and project management, we proudly partner with our clients in their mission to make the world a better place.
Chicago Life Sciences + Tech Advisors
Team Lead
Meet the Advisory Team
Meet the PDS Team
Article
Life Sciences: Leveraging Leasing Trends Amid Headwinds
Rising uncertainty is creating headwinds from several directions for the life sciences sector.
Sandy Romero • 5/2/2025
Research • Economy
Life Sciences Real Estate: A Market Pulse Check On The Chinese Mainland
This report focuses on a survey conducted on real estate practitioners working for life sciences enterprises on the Chinese mainland. The questions centered on their perspectives and the answers provide the latest thinking these same real estate practitioners have on the market conditions and on their real estate strategies to attain business-related success within the Chinese mainland region.
Meet the Capital Markets Team
Recent Tenant Advisory Transactions
DA-Approved Randwick Hotel site hits the market in Eastern Suburbs development hotspot
A prominent hotel development site in the heart of Randwick is set to hit the market, offering a rare opportunity to capitalise on a DA-approved project in one of Sydney’s most tightly held Eastern Suburbs pockets.
Jess Freeman • 5/5/2025
Research • Economy
Trump 2.0—The First 100 Days explores the early economic and commercial real estate implications of President Trump’s 2025 policy agenda.
5/5/2025
European Living Investors Intend To Increase Sector Exposure With PBSA and PRS The Top Targets
Eighty percent of investors in Europe’s living sector expect to increase their allocations over the next five years with Purpose Built Student Accommodation (PBSA) and the Private Rental Sector (PRS) their top targets, according to new insight from Cushman & Wakefield.
Verena Bauer • 5/5/2025
Frasers Property Industrial and an investment vehicle sponsored by Morgan Stanley Real Estate Investing to establish new capital partnership in Australia
Frasers Property Industrial has today announced our first capital partnership in Australia with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (“MSREI”).
Jess Freeman • 5/5/2025
Article
Life Sciences: Leveraging Leasing Trends Amid Headwinds
Rising uncertainty is creating headwinds from several directions for the life sciences sector.
Sandy Romero • 5/2/2025
New US-Administration - Consequences for the Real Estate Markets
Nothing is as it was just a hundred days ago. Donald Trump is shaking up the world. Including the global property markets. And thus also their European and German offshoots. The outcome of the movement is still open and forecasts should only be viewed with caution.
Verena Bauer • 5/2/2025
Research • Construction
Industrial Construction Cost Guide
An essential tool to guide capital expense decisions for industrial real estate.
Brian Ungles • 5/2/2025
Research
The Industrial Outdoor Storage (IOS) sector has emerged as a pivotal component in the logistics and supply chain landscape, particularly in the context of the rapid growth of e-commerce.
Luke Crawford • 5/2/2025
European Commercial Real Estate Sector To Weather Impact Of Tariff Uncertainty And Continue Expansion
Cushman & Wakefield report publishes report analysing economic and property impacts of the first 100 days of Donald Trump’s second presidential term.
Richard Coleman • 5/1/2025
MarketBeat
UK Regional Offices MarketBeat
Access the latest quarterly commercial real estate results for the UK office sector nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Kiran Patel • 5/1/2025
Research • Investment / Capital Markets
Top Trends Across Cushman & Wakefield’s Multifamily Portfolio
This year is off to a strong start, despite economic headwinds, and we continue to help our clients navigate a volatile market. Strong rental demand is driving higher occupancies across our portfolio, even amid competition from new supply.
Sam Tenenbaum • 5/1/2025
Research
The Self Storage Association UK Annual Industry Report provides a comprehensive overview into the self storage sector.
Philip Macauley • 4/30/2025
Research
Philippines Property Market News
Our March 2025 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
Claro Cordero Jr. • 4/30/2025
Research • Economy
Trump 2.0 The First 100 Days Implications for the Economy & Property
Trump 2.0—The First 100 Days explores the early economic and commercial real estate implications of President Trump’s 2025 policy agenda.
Rebecca Rockey • 4/30/2025
Research
European Living Investor Survey 2025
Gain exclusive insights into the European living sector's investment trends with our comprehensive survey. Explore investor preferences, market forecasts, and sustainability's role in real estate investment.
4/30/2025
MarketBeat
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Arief Rahardjo • 4/30/2025
Cushman & Wakefield represents Abreu Logistics in leasing its new logistics platform
Cushman & Wakefield represents Abreu Logistics in the leasing of a logistics warehouse with approximately 19,500 sq.m in Palmela.
Miguel Sena • 4/29/2025
Research
The Life Sciences Update provides market updates for 34 markets in the Americas and Europe. The report covers life sciences venture capital funding, rent and vacancy, labor analytics, clinical trials and more.
Sandy Romero • 2/27/2025
Research
Life Sciences Funding in View
While more capital flowed to the life sciences sector in 2024, CRE fundamentals softened further.
Sandy Romero • 1/29/2025
Research
Life Sciences Fit Out Cost Guide
Our 2025 Life Sciences Fit Out Cost Guide covers five lab types, two cGMP types, warehouse and office across the six major U.S. life sciences markets.
Brian Ungles • 11/1/2024
Research • Economy
Life Sciences Real Estate: A Market Pulse Check On The Chinese Mainland
This report focuses on a survey conducted on real estate practitioners working for life sciences enterprises on the Chinese mainland. The questions centered on their perspectives and the answers provide the latest thinking these same real estate practitioners have on the market conditions and on their real estate strategies to attain business-related success within the Chinese mainland region.
Article
Take a deeper dive into the Greater Boston Life Sciences market.
Riley McMullan • 10/31/2024
Research
The Flight to Quality in Life Sciences
Class A properties dominate leasing in 2024. In the war for life sciences talent, firms are providing attractive, amenity rich workspaces to entice in-person attendance and foster collaboration.
Sandy Romero • 7/15/2024
Research
Under the Microscope: A Deeper Look at Raleigh-Durham’s Life Sciences Market
Despite a recent rise in life sciences vacancy driven by recently delivered buildings 100,000 square feet (sf) and greater that remain unleashed in high bay cGMP buildings, the Raleigh-Durham market remains tight for smaller size ranges with the benefit of continued R&D leasing.
Madelyn Davis • 7/15/2024
Research • Economy
Diagnosing the Market: The Chinese Mainland Life Sciences Sector
The life sciences industry in China is continuing to evolve. The industry’s development in the country is being supported by a number of factors. Of the more important elements, four comprise policy, industry growth, population demographic dynamics, and the level of innovation.
Research
Recent Ups and Downs for the Life Sciences Market
Life sciences tenants searching for space is up over 22% since late spring with activity in real estate grew as well, with over 31 million square feet (sf) of lab and cGMP space leased from 2021 to 2022.
Sandy Romero • 11/8/2023
Insights
Although the life sciences sector has always been present, in recent years it has become one of the most prominent and widely discussed sectors worldwide.
Marta Esclapés • 11/3/2023
Article
Boston Life Sciences Market Trends
Current Boston market conditions have created a unique moment in time that will greatly benefit life sciences occupiers and help Greater Boston sustain its healthy life sciences market.
Riley McMullan • 10/10/2023
Article
Energy and Resource Efficiency in Life Sciences Design
Energy- and resource-efficient design can help transform corporate goals for existing life sciences buildings into successful, energy-efficient spaces.
Jason D'Orlando • 9/20/2023
Article
Does your building qualify for a life sciences conversion?
Interest in converting assets for life sciences use is growing amongst building owners. Cushman & Wakefield’s Project & Development Services team developed basic building performance criteria based on the minimum standards that life sciences companies typically require.
Eric Giles • 7/18/2023
Article
Constructing Science: New Guidance For Building Better Life Sciences Labs
Constructing Science is a first-of-its-kind and free to use dynamic model and building standards for the Life Science sector, essential right now with the high demand for lab space.
Michael Aston • 7/10/2023
Article
Challenges for Life Sciences Projects Means Early Engagement of Project Managers
Persistent challenges continue to impact costs, material lead times and project timelines across all life sciences projects.
Jason D'Orlando • 6/30/2023
Article
Chicago Life Sciences Next Frontier
Chicago is poised and prepared for life science’s next frontier. Driven by rich academic innovation in the areas where medicine meets engineering, the Chicago life science ecosystem has flourished in the last five years.
Jonathan Metzl • 6/6/2023
Research • Investment / Capital Markets
Six Alternative Property Assets — What To Watch In China
The rise of alternative property assets in China has been shaped by a number of factors, including macro-economic trends, evolving population dynamics, technology, new ways of working and living, a greater awareness of sustainability, and the COVID-19 pandemic. This report considers these what-to-watch factors and how they have affected and stimulated general market interest in six key alternative property assets.
Insights • Investment / Capital Markets
Greater China Capital Markets Webinar Spotlight on Life Sciences
Francis Li • 10/28/2022
Research
Life Sciences Update: October 2022
Following extraordinary investment, expansion, and innovation in 2021, the life sciences industry is poised for further growth and consistent demand in the years ahead.
Sandy Romero • 10/26/2022
Article
Life Science Update: Finding Talent and Fostering New Ideas
Encouraging collaboration to formulate new ideas and creating access to skilled talent remain priorities for life sciences companies. Among current life science industry trends, there are several hot locations for the life sciences, as well as a focus on amenities that spark ‘spontaneous interactions’.
Rachel Park • 10/19/2022
Article
Identifying Opportunities in Raleigh / Durham’s Life Sciences Market
Raleigh-Durham life sciences market, one of the world’s largest life sciences clusters, has experienced exponential growth in the last five years. What does that mean for our clients?
Sandy Romero • 8/8/2022
Research • Investment / Capital Markets
Life Sciences — Changing The Genetics Of Commercial Real Estate In China
The life sciences industry, as one of China's strategic emerging industries, has witnessed tremendous growth over recent years.
Shaun Brodie • 7/8/2022
Article
Identifying Opportunities in Los Angeles' Life Science Market
The Greater Los Angeles's (GLA) emerging life sciences market has experienced exponential growth in the last 5 years.
Sandy Romero • 7/1/2022
Article
Identifying Opportunities In San Diego’s Life Sciences Market
San Diego’s life sciences market has experienced exponential growth in the last five years but recent volatility in the equity markets has resulted in falling market capitalization for many companies. What does this mean for our clients?
Sandy Romero • 6/28/2022
Research
Life Sciences: COVID-19 Report
Featured local market snapshots give an overview into the life sciences sector and the impact of the pandemic, establishing a baseline for analyzing potential impact in the months to come.
Jolanta Campion • 6/26/2020
Research
Life Sciences: COVID-19 Report
Featured local market snapshots give an overview into the life sciences sector and the impact of the pandemic, establishing a baseline for analyzing potential impact in the months to come.
Jolanta Campion • 6/26/2020
275 N Field Drive
275 N Field Drive, Lake Forest
Size: 196,000 SF
Client: Confidential Client
Size: 196,000 SF
Client: Confidential Client
3333 Green Bay Road
3333 Green Bay Road, North Chicago
Size: 100,000 SF
Client: Rosalind Franklin University
Size: 100,000 SF
Client: Rosalind Franklin University
8045 Lamon Avenue
8045 Lamon Avenue, Skokie
Size: 77,000 SF
Client: Lanzatech
Size: 77,000 SF
Client: Lanzatech
600 N Field Drive
600 N Field Drive, Lake Forest
Size: 54,000 SF
Client: ICU Medical
Size: 54,000 SF
Client: ICU Medical
2430 N Halsted Avenue
2430 N Halsted Avenue, Chicago
Size: 17,000 SF
Client: Cyclopure
Size: 17,000 SF
Client: Cyclopure
1375 W Fulton Avenue
P1375 W Fulton Avenue, Chicago
Size: 7,000 SF
Client: Dimension INX
Size: 7,000 SF
Client: Dimension INX
Related Insights
Article
Life Sciences: Leveraging Leasing Trends Amid Headwinds
Rising uncertainty is creating headwinds from several directions for the life sciences sector.
Sandy Romero • 5/2/2025
Research
The Life Sciences Update provides market updates for 34 markets in the Americas and Europe. The report covers life sciences venture capital funding, rent and vacancy, labor analytics, clinical trials and more.
Sandy Romero • 2/27/2025
Research
Life Sciences Funding in View
While more capital flowed to the life sciences sector in 2024, CRE fundamentals softened further.
Sandy Romero • 1/29/2025
Research
Life Sciences Fit Out Cost Guide
Our 2025 Life Sciences Fit Out Cost Guide covers five lab types, two cGMP types, warehouse and office across the six major U.S. life sciences markets.
Brian Ungles • 11/1/2024
Research • Economy
Life Sciences Real Estate: A Market Pulse Check On The Chinese Mainland
This report focuses on a survey conducted on real estate practitioners working for life sciences enterprises on the Chinese mainland. The questions centered on their perspectives and the answers provide the latest thinking these same real estate practitioners have on the market conditions and on their real estate strategies to attain business-related success within the Chinese mainland region.
Research
Recent Ups and Downs for the Life Sciences Market
Life sciences tenants searching for space is up over 22% since late spring with activity in real estate grew as well, with over 31 million square feet (sf) of lab and cGMP space leased from 2021 to 2022.
Sandy Romero • 11/8/2023
Article
Does your building qualify for a life sciences conversion?
Interest in converting assets for life sciences use is growing amongst building owners. Cushman & Wakefield’s Project & Development Services team developed basic building performance criteria based on the minimum standards that life sciences companies typically require.
Eric Giles • 7/18/2023
Article
Challenges for Life Sciences Projects Means Early Engagement of Project Managers
Persistent challenges continue to impact costs, material lead times and project timelines across all life sciences projects.
Jason D'Orlando • 6/30/2023
Article
Chicago Life Sciences Next Frontier
Chicago is poised and prepared for life science’s next frontier. Driven by rich academic innovation in the areas where medicine meets engineering, the Chicago life science ecosystem has flourished in the last five years.
Jonathan Metzl • 6/6/2023
Insights • Investment / Capital Markets
Greater China Capital Markets Webinar Spotlight on Life Sciences
Francis Li • 10/28/2022