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
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
Meet the Capital Markets Team
Recent Tenant Advisory Transactions
Article
Spring Statement: Implications for real estate
The Spring Statement was bigger and more pessimistic than the Labour government would have liked.
Daryl Perry • 3/27/2025
Ana Gomes is the new Head of Research at Cushman & Wakefield
Cushman & Wakefield (C&W) has announced that Ana Gomes is the new Head of Research & Insight, joining the Business Development Services team, which includes Research and Marketing areas of the consultancy.
3/27/2025
Cushman & Wakefield expands Investment Sales team with seven new appointments
Global real estate firm Cushman & Wakefield has strengthened its Investment Sales team with the appointment of seven new professionals across Australia, further reinforcing its presence in key markets.
Jess Freeman • 3/26/2025
Investment in commercial real estate: prospects suggest an upward trend for 2025
Cushman & Wakefield anticipates an 8% increase in the volume of commercial real estate investment in 2025, with an estimated total of €2.56 billion.
Miguel Sena • 3/26/2025
MarketBeat
Hospitality Market Trends & Data
The latest hospitality market insights are based on the in-depth analysis of our extensive data sets, surveys of investors, operators and lenders and up-to-date market intelligence from our team members on-the-ground in all major European markets.
Insights
Five Years Later: CRE in a Post Pandemic World
The COVID-19 pandemic, which began in March 2020, brought profound and unprecedented changes to how people lived, worked and played. These shifts reshaped the way businesses, customers and employees interacted with physical spaces.
David Smith • 3/26/2025
MarketBeat
Cushman & Wakefield MarketBeat reports analyse quarterly commercial real estate activity in the CEE region (Czech Republic, Hungary, Poland, Romania, and Slovakia) across office, retail, industrial and hospitality real estate sectors.
Marie Baláčová • 3/26/2025
Vera Passade appointed Head of Office Agency Hamburg
Cushman & Wakefield has appointed Vera Passade as Head of Office Agency Hamburg. With effect from 1 May 2025, she will lead the development of the department in the Hanseatic city as a partner.
Verena Bauer • 3/25/2025
Premier Equine facility & luxury development opportunity hits the market
One of South East Queensland’s most prestigious equine properties, Grand Parkview Stud, is set to hit the market with Development Approval (DA) for a 12-lot luxury estate subdivision, paving the way for an exclusive, high-end acreage development catering to discerning buyers seeking a blend of luxury living and equestrian excellence.
Jess Freeman • 3/25/2025
Luxury store rents in Spain will soar up to 10% due to their limited availability
In Spain, the main luxury streets continue to show high dynamism and growing demand.
3/24/2025
MarketBeat
UK Investment Marketbeat Reports
Access the latest quarterly commercial real estate results for the investment market nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Daryl Perry • 3/21/2025
Madrid Among the Top 10 Cities for Data Center Infrastructure in EMEA
The Cushman & Wakefield report, analyzing 32 data center markets in the EMEA region, shows that the operational capacity of data centers grew by 9% year-on-year and the total market size by 16%.
3/21/2025
Research • Government / Public Sector
China’s “Two Sessions” gathering for 2025 commenced on March 5, marking the final plenary meetings for implementing the current 2021–2025 Five-Year Plan. The government work report reiterates a focus on progression and stability in the policy orientation, and includes a high-level objective of adopting a more proactive fiscal policy to provide sustained support to the economy. More explicitly, there are specific requirements to boost domestic demand and to ensure stability in the real estate market and the stock market.
Sabrina Wei • 3/21/2025
Research
Philadelphia Life Sciences Serviced Lab Occupiers
Serviced lab facilities were originally intended to serve as short term solutions for emerging companies our findings suggest companies may be utilizing co-lab and incubator space for long-term growth as well as short- to mid-term resource preservation.
Michael Hanes • 3/21/2025
Cushman & Wakefield, in co-exclusive agreement, seeks tenant for the former LEROY MERLIN headquarters in Portugal
Cushman & Wakefield is marketing the BEPOR building, the former headquarters of LEROY MERLIN in Portugal, which is now searching for a new tenant.
3/20/2025
Article
Southeast Region Industrial Labor Report
In 2024, the Southeast industrial real estate market continues its outsized success. Overall, the region continues to be held in high regard due to its ongoing population expansion, low costs, strategic infrastructure access, and favorable business operating environment.
Christa DiLalo • 3/20/2025
Research
The Green Economy Blueprint: Strategies for Sustainable Development in Uttarakhand
The Union Budget for 2025 in India is strategically designed to reduce carbon emissions and expand renewable energy capacities to align with sustainability goals.
3/20/2025
Article • Investment / Capital Markets
Market Matters: Exploring Real Estate Investment Conditions & Trends
Explore current conditions, short-term developments and long-term economic trends so you can better understand their impact on the real estate investing environment.
3/19/2025
Cushman & Wakefield takes over management of the new Retail Park in Setúbal
Cushman & Wakefield has announced it has been selected to manage the Retail Park in Setúbal
3/18/2025
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
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