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.”