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life sciences facilities directory

Life Sciences Real Estate is Hot

Life sciences real estate is hot among property developers and investors, and has emerged as a highly-desired real estate asset class.  “Life Sciences” refers to the booming industry made up of such industries as biotechnology, pharmaceuticals, biomedical devices, genetics and genomics, and research and development (R&D).

 

Life sciences real estate is exceptionally hot among investors, as 2020 heads towards year-end.   The life sciences industry was already a top economic sector as 2019 came to a close, and this Covid-19 pandemic year has only propelled investor interest in the industry.

 

Life sciences facilities are typically clustered in areas with strong university research and teaching programs in the life sciences, and situated in proximity to other facilities and their tenants.  In fact, seven of the top 10 biological science programs are at graduate universities located in the top life sciences clusters of Boston, the San Francisco Bay Area and San Diego.

 

Some of the top life sciences clusters includes the following cities and districts:

 

  • Boston-Cambridge
  • San Francisco bay area
  • San Diego
  • New Jersey
  • Raleigh-Durham
  • Washington, DC – Baltimore
  • New York City greater metro area
  • Philadelphia
  • Los Angeles
  • Chicago

 

 

Life Sciences Real Estate is Hot

Life sciences real estate is a hot real estate asset class among real estate investors and developers.

 

As part of the office and industrial real estate asset class, life sciences properties are a more specialized and generally more expensive facility than typical general-purpose office and industrial properties.    The pairing of university bio-science research with private-sector life sciences companies seeking to leverage such research, is a more fine-tuned version of the well-known Science and Technology Parks that got their start in the 1950’s.

 

For more Information

 

We track the life sciences asset class on behalf of our clients.   We maintain a summary of this tracking online, which is available by clicking here ==>  Life Sciences Facilities Directory & Industry Players

Edge computing is coming to you

Edge Computing is Coming to You Soon!

SCP’s Economic Growth Monitor

 

Edge computing is coming to you, an essential part of our world of data centers, Internet cloud and the Internet of things.  Since many local economic development professionals are interested in attracting major data center facilities, it is helpful to understand how these edge processing objectives may impact data centers and the rest of the connected data network.

 

In essence, edge computing is about distributed computing, delivering processing “horsepower” in low-latency situations as close as possible to where it is required.   Also, enterprise datasets are getting huge and there is also a desire to reduce data transport costs.  As a result, keeping more of collected data closer to its source simply makes economic and performance sense.

 

According to some industry sources, by 2025, 75% of generated data will be processed outside centralized data centers or the cloud.

 

Edge computing often involves data storage and processing with “edge devices.”  A simple example of an edge device is a router that connects public networks to the internet.  Or, in a finance setting, a smartphone or tablet becomes the edge device.    Edge devices become increasingly specific to particular edge requirements.  In healthcare, edge devices are increasingly deployed as wearable and/or implantable medical devices to support patient care.

 

Because this computer processing “at the edge” is implied as connected to data networks in the Cloud and in data centers, each edge device carries an implicit security risk.    While the interest in processing power at the edge increases, getting the overall system security design in place is a large open issue.

 

There are benefits to edge computing in most every industry today.    Network World joined with CIO, Computerworld, CSO, and InfoWorld, have prepared articles to explore “the edge” from five different perspectives, available here:  Edge computing: The next generation of innovation

 

https://www.sciencedirect.com/science/article/abs/pii/S0166497216000183

Conceptual Design for Technology Incubator

Conceptual design for technology incubator, along with business plan, for roll-out in strategic partnership with universities in key Sub-Saharan metro markets.   As office and industrial consultants, StoneCreek Partners provided the facility conceptual design and associated business plan for a right-scaled roll-out of technology business incubator facilities in urban Accra (Ghana) and Lagos (Nigeria), among other key Sub-Saharan regions.

 

The conceptual design provides for alternative gathering places within the incubator facility, each intended for differing and flexible meetings, whether investor pitches, online digital conferences, tech demonstrations, Agile sprint sessions, and the like.   One meeting room was design with lateral ideation sessions in mind, with an array of pin surfaces, writing surfaces, digital displays, and ideation recordation means.

 

As commonly understood, a technology business incubator is a type of business incubator focused on supporting startups which use modern technologies as the primary means of innovation.   Incubator facilities are focused version of co-working venues with additional support to founders, mentoring, potential access to investors, and other collaborative support.

 

There are technology business incubators that operate by invitation to interesting new startups.   Some national and regional governments promote technology business incubators as an essential means of economic development.

 

 

Conceptual Design for Technology Incubator

Tech incubators are a unique opportunity for economic development programs.

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