A New Niche for Life Science Expansion

Late-night Zoom calls to Hong Kong are just part of the daily drill for Matthew Powers, a Boston real estate executive named in November to head Nan Fung Life Science Real Estate and a man in charge of spending $1 billion on acquisitions nationally this year.

Lab Developers Build Ahead of the Market

Commercial landlords trying to capture soaring demand from rapidly growing life science startups are increasingly building out lab space on spec in the hopes of catalyzing the next life science cluster outside of East Cambridge.