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 Funding in View
While more capital flowed to the life sciences sector in 2024, CRE fundamentals softened further.
Sandy Romero • 1/29/2025
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
Meet the Capital Markets Team
Recent Tenant Advisory Transactions
A consortium of investors acquires the Rise portfolio of 265 units from BNP Paribas REIM
The portfolio consists of 265 multi-family homes spread across the Randstad region in the cities of Almere, Barendrecht, Hoofddorp, and Zoetermeer, with a total area of more than 25,000 m².
David Vos • 2/20/2025
Insights • Workplace
Tri-State Industrial Year-End 2024 Report
Get our Tri-State Industrial Year-End 2024 Report.
John Obeid • 2/20/2025
Article • Supply Chain
Port of NY-NJ Year-End 2024 Overview
Read and download our year-end 2024 Port of NY-NJ Industrial overview.
John Obeid • 2/20/2025
Hong Kong Office Market Outlook for 2025
In summary, the Hong Kong office market in 2025 looks to present plenty of opportunities for tenants and landlords which will be characterized by an increase in supply, causing further downward pressure on rents.
Josh McNamara • 2/20/2025
Cushman & Wakefield expands Tenant Advisory team with key appointment
Cushman & Wakefield has strengthened its Tenant Advisory business with the appointment of Morgan Evans as National Director in its expanding Logistics & Industrial Tenant Advisory Group.
Jess Freeman • 2/19/2025
Research • Government / Public Sector
Trump 2.0 | Impacts for the Washington, D.C. Metro Region
Our report delves into the potential effects of Donald Trump's presidency on the Washington, DC region, covering job growth, federal leasing trends, the future of remote work, and efforts to enhance government efficiency.
2/19/2025
Insights • Economy
Discover a monthly snapshot of the housing market in our ‘City Report - Living’ series. Get quick insights into the buying, rental, and investment markets of various Dutch cities with the latest data. Can’t find your city? Contact our experts for tailored advice.
Jos Hesselink • 2/18/2025
Cushman & Wakefield Welcomes Senior Hire To UK Capital Markets Team
Global real estate services firm Cushman & Wakefield has appointed Rob Woods as a Partner to its UK Capital Markets team.
Richard Coleman • 2/18/2025
MarketBeat
Cushman & Wakefield MarketBeat reports analyse quarterly Portugal commercial property activity across office, retail and industrial real estate sectors including supply, demand and pricing trends at the market and submarket levels.
Andreia Almeida • 2/18/2025
Research • Investment / Capital Markets
EMEA CRE Sees Debt Flowing Again
As the real estate sector enters a new cycle, we anticipate a rise in transaction volume, especially in income-producing properties and quick turnaround refurbishments.
Sukhdeep Dhillon • 2/18/2025
Research • Investment / Capital Markets
Tide is Turning: Global Commercial Real Estate Capital Markets Trends
We are excited to launch a new series designed to help investors navigate the shifting tides throughout the CRE capital markets.
Abby Corbett • 2/18/2025
Research
The I-4 Industrial Corridor continued to solidify its role as a critical logistics hub, driven by population growth, e-commerce expansion, and its strategic access to major consumer markets.
Josh Faircloth • 2/18/2025
Major Footscray development site changes hands in landmark deal
In a move that underscores the sustained demand for large-scale mixed-use development opportunities in metropolitan Melbourne, one of the city’s most significant infill development sites has been acquired by a prominent local developer.
Jess Freeman • 2/17/2025
Soliana™ buys South Yarra development site for $5.85m
Soliana™ has paid $5.85m for a premium South Yarra site with approved plans for a luxury apartment development, following a competitive Expressions of Interest process.
Jess Freeman • 2/17/2025
MarketBeat
Cushman & Wakefield's Q3 2024 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 2/17/2025
Stane Retail Park In Colchester Sells For £33.95M
In the first major retail park acquisition of 2025, a private South African investor client of Pembrey Asset Management has acquired Stane Retail Park, Colchester, from developer The Churchmanor Estates Company plc, for £33.95 million.
Richard Coleman • 2/17/2025
MarketBeat • Supply Chain
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Suki Kim • 2/14/2025
Research
Unpacking Dallas’ Industrial Landscape
Dallas/Fort Worth’s industrial real estate market has experienced monumental change since 2020 thanks to booming e-commerce and on-shoring.
Andrew Matheny • 2/14/2025
Powerhouse Markets Lead EMEA Data Centre Growth
A total of 21GW of data centre capacity across EMEA was operational, under construction, or in planning stages at the end of 2024 with operators increasingly looking beyond traditional powerhouse markets to meet demand, according to Cushman & Wakefield.
Verena Bauer • 2/13/2025
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: 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
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 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: 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
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
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