California CRE News In Your Inbox.

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

Sub Markets

Property Sectors

Topics

California  + Bay Area  + Healthcare  | 
Palo Alto Life Sciences Campus Breaks Ground, BentallGreenOak & Graymark Capital Developers

Palo Alto Life Sciences Campus Breaks Ground

BentallGreenOak (BGO) and Gray Matter by Graymark Capital have begun construction on phase one of Bayshore Bio, a 100,000-square-foot life sciences campus at 2225 East Bayshore Road in Palo Alto, CA. The first phase will convert an existing office building into a two-story, 36,000-square-foot facility with market-ready lab spaces, upgraded electrical capacity, new office space and dedicated parking. 

The campus will be designed for early-stage VC-backed life science companies. “Palo Alto is the center of life science research in the Bay Area. We have designed our space to support the growth of companies from nearby Stanford and VC-backed ecosystems,” said Graymark principal Rick Lafranchi.

“The life sciences market, especially in the Bay Area, has operated under a ‘build-it-and-they’ll-come’ mentality over the last five years,” added BGO Vice President Nick Cassaro. “As technology is allowing for people to do more with limited space, the Bay Area’s technology expertise puts it in a unique position to meet this changing demand.”

Connect

Inside The Story

Bayshore BioBentallGreenOakGray Matter by Graymark CapitalNick Cassaro

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Development