Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  |  June 8, 2020
David Cohen
By: David Cohen

CBRE: Boston Life Science Industry Leading Fight Against COVID-19

More than 46 Boston area life sciences organizations are currently involved in COVID-19-related endeavors, according to the most recent CBRE Boston Life Sciences MarketFlash. Those endeavors include partnering with leading industry experts to design, develop and test treatments, therapies and drugs to combat the health effects and transmission of the virus.

According to CBRE, there are 13 firms developing new types of diagnostic tests and 24 firms that are producing COVID-19 related drugs, vaccines and therapies. Five Boston firms that are working on COVID-19 related projects have received a combined $227 million in venture capital funding.

“The life sciences industry continues to experience the influx of capital and an overall positive sentiment that have contributed to positive activity in the sector,” said Steve Purpura, a vice chairman specializing in the life sciences industry at CBRE.

“Since early March, 11 life sciences leases totaling over 300,000 square feet have been completed in the Greater Boston area, which includes three new leases totaling more than 100,000 sq. ft. since the beginning of April.”

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With CBRE’s PurpuraRead Full CBRE Report

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
Order Reprints