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Seattle & Northwest   /   May 3, 2021

Lisa Brown
By: Lisa Brown

BioMed Taps 6th Avenue North Site for Lab/Life Science

BioMed Realty recently acquired two adjacent parcels from Clise Properties totaling 1.8 acres in Seattle’s South Lake Union neighborhood. The site at 6th Avenue North and John Street can support a large-scale class-A lab and office building for life science and technology companies.

The site is within close proximity to key demand drivers including UW School of Medicine, the Bill and Melinda Gates Foundation and the Fred Hutch Cancer Research Center, along with large technology companies such as Amazon, Google, Facebook and Apple.

“BioMed Realty is proud of our longstanding partnership with the city of Seattle and local community groups to create successful developments such as Dexter Yard, a 500,000-square-foot life science and technology office project currently under construction,” said Mike Ruhl, vice president of BioMed Realty. “We are excited about the opportunity to continue to support Seattle’s status as a core life science market that appeals to a variety of large local, regional and national life science and technology-based employers seeking to tap into Seattle’s rich talent pool.”

The Clise family has a long history in Seattle commercial real estate going back to 1889. Among the family's many contributions is the founding of Seattle Children's Hospital in 1907.

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About the Author

Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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