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
Life Sciences: Golden Triangle Lab Report
Get insights on investment volumes, leasing take up, lab supply and pipeline, and investment into life sciences real estate across Cambridge, London, and Oxford.
Jamie Renison • 11/6/2024
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.
Meet the Capital Markets Team
Recent Tenant Advisory Transactions
Research
Global Capability Centers: Key Hotspots and India’s Rise as the GCC Capital
Unlock Global Insights: Optimize Your Global Capability Centre Strategy Today
11/21/2024
Private Developer acquires 45 Pentridge Boulevard, Coburg VIC for $9.75 Million
In a recent transaction that underscores renewed confidence in suburban development opportunities, Golden Peak Developments has sold a 1,100sqm* site in Coburg VIC to a Private Developer for $9.75 million.
Amy Kathleen Kelly • 11/21/2024
Milan’s Via Montenapoleone Tops Ranking Of World’s Most Expensive Retail Destinations For First Time
Milan’s Via Montenapoleone, where rents have risen by nearly a third in the past two years, has overtaken New York’s Upper 5th Avenue to be crowned the world’s most expensive retail destination, according to Cushman & Wakefield (NYSE: CWK).
Jess Freeman • 11/21/2024
Research • Economy
TRENDS RADAR 2025 – Real Estate: From Stabilisation To Optimism
Macroeconomic prospects: In 2024, Poland’s economy has returned to growth from a period of stagnation in 2023, with GDP growth expected to reach 3.1%. The average annual inflation rate is forecast to be around 4.0% in 2024 and remain below 5% in 2025. This is likely to prompt interest rate cuts that are anticipated to take place in the second half of 2025, providing a boost to the economy.
Amplify Funds Management secures six QLD Caltex sites in $25.74m portfolio acquisition
Amplify Funds Management via its Fuel and Convenience Trust has made its first venture into the fuel and convenience asset sector in Queensland, acquiring a portfolio of six Queensland regional assets for $25.74 million.
Amy Kathleen Kelly • 11/20/2024
Research • Economy
Trump 2.0 & Implications for Property
As Donald Trump prepares to take office as the 47th President of the United States following his 2024 election victory, this report delves into the potential ripple effects on national property markets.
Kevin Thorpe • 11/20/2024
Acquisition of Gandra North Green Logistics Park by Aquila ACSEL Fund
Cushman & Wakefield was responsible for supporting the acquisition of the Gandra North Green Logistics Park asset, located in the Greater Porto area, by the Aquila Capital Southern European Logistics S.A. SICAV-RAIF (ACSEL) fund.
11/15/2024
MarketBeat • Investment / Capital Markets
CRE Investment in France: Market Update
Marketbeat Investissement market reports analyse activity in the French property investment market, taking into account volumes committed across all asset types
Aymeric Sevestre • 11/15/2024
Research
Build To Rent Quarterly Report
We are pleased to share with you the latest edition of our quarterly residential insights for the UK.
Mark Clegg • 11/15/2024
Cushman & Wakefield Appoints Capital Markets Heavyweight James Dunne As Head Of UK Living
Cushman & Wakefield has continued its expansion in the Living sector with the appointment of capital markets heavyweight James Dunne as its Head of UK Living.
11/15/2024
Take-Up of London Grade A Office Space Exceeds Pre-Pandemic Levels by 4%
New data from global real estate advisor Cushman & Wakefield highlights the continued and sustained appeal of Grade A office space in Central London, as leasing take-up volumes exceed the pre-pandemic five-year quarterly average by 4% in Q3 2024.
11/15/2024
Research • Investment / Capital Markets
Your Strategic Compass in the World of Commercial Real Estate Investment.
11/14/2024
Article • Sustainability / ESG
Exploring Climate Risks Across the UK & Ireland – Sustainability Week 2024
Cities across the UK have identified the pressing need to prepare for the impacts of a changing climate. Climate risks represent a growing and significant financial concern, particularly within the built environment.
11/14/2024
Insights • Valuation
Property Valuation Using the Income Approach
Property valuation is a crucial process that plays a significant role in investment decisions, asset management, and financial planning.
Tatchada Supakornpichan • 11/14/2024
The Rise of Student Housing in the Hong Kong Real Estate Investment Market
Strengthened government policies to develop Hong Kong into a post-secondary education hub will fuel renewed demand for student housing, with investors reacting positively to enter the market.
Alfred Kwan • 11/14/2024
Insights • Workplace
Seoul Office Tenants Profile Report
The Seoul office leasing market remains a landlord-dominant market, marked by record-low vacancy rates and peak rental prices due to the shortage of new office supply within major business districts.
Suki Kim • 11/12/2024
Research
Life Sciences: Golden Triangle Lab Report
Get insights on investment volumes, leasing take up, lab supply and pipeline, and investment into life sciences real estate across Cambridge, London, and Oxford.
Jamie Renison • 11/6/2024
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
Cushman & Wakefield’s 2024 life sciences market report covers national trends and dive deep into top global life sciences markets, for an in-depth look at this quickly changing industry.
Sandy Romero • 9/17/2024
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
Life Sciences Funding in View
Global life sciences venture capital funding has reverted to its pre-pandemic long-term trend.
Sandy Romero • 1/29/2024
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
Life Sciences: Golden Triangle Lab Report
Get insights on investment volumes, leasing take up, lab supply and pipeline, and investment into life sciences real estate across Cambridge, London, and Oxford.
Jamie Renison • 11/6/2024
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
Cushman & Wakefield’s 2024 life sciences market report covers national trends and dive deep into top global life sciences markets, for an in-depth look at this quickly changing industry.
Sandy Romero • 9/17/2024
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
Life Sciences Funding in View
Global life sciences venture capital funding has reverted to its pre-pandemic long-term trend.
Sandy Romero • 1/29/2024
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