The Chicago Science + Tech Advisory team is a collaborative group of industry professionals, committed to providing exceptional consultative services throughout the Greater Chicago Area. With significant experience representing a diverse group of science and technology companies both nationally and locally, including Big Pharma, medical device, and gene therapy start-ups, the team has a thorough understanding of the macro and micro dynamics in the broader industry, as well as the unique needs and challenges of different types of lab users.
The Chicago Science + Tech Advisory team is a member of Cushman & Wakefield's National Life Sciences Practice Group. This globally diverse network delivers integrated solutions to investors, developers, and occupiers of life sciences real estate. Strategically positioned in major life sciences hub markets across the country, our experienced teams offer comprehensive coverage where innovation thrives. We build global connections, foster a culture of collaboration, and leverage cutting-edge data and research to meet our clients’ ever-evolving needs, wherever they want to be. With expertise in all areas of life sciences real estate, from site selection and lease negotiation to property and project management, we proudly partner with our clients in their mission to make the world a better place.
Chicago Life Sciences + Tech Advisors
Team Lead
Meet the Advisory Team
Meet the PDS Team
MarketBeat
UK Life Science Marketbeat Report
Access the latest quarterly commercial real estate results for the UK life science sector nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Kiran Patel • 12/1/2025
MarketBeat
The U.S. life sciences commercial real estate market continues to navigate a challenging environment in 2025, although early signs of stabilization are emerging. Explore the latest U.S. market trends, including supply, demand and investment activity.
Sandy Romero • 11/12/2025
Meet the Capital Markets Team
MarketBeat
UK Life Science Marketbeat Report
Access the latest quarterly commercial real estate results for the UK life science sector nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Kiran Patel • 12/1/2025
Recent Tenant Advisory Transactions
Article
Bank Regulations and Commercial Real Estate
New FDIC reporting rules increase loan transparency and long-term CRE liquidity. Read the full article to learn how these changes impact the market.
Finn DuComb-Festor • 12/8/2025
Insights
2025 Seoul High Street Retail Report
In 2025, Seoul’s high-street retail districts experienced a moderation in growth momentum, with recovery patterns varying across submarkets.
Suki Kim • 12/5/2025
Australia’s First Sinopec Petrol Station Sells for $6.415M in Landmark Deal
In a significant milestone for Australia’s fuel retail sector, the country’s first Sinopec-leased petrol station at 325A Nepean Highway, Frankston VIC has sold for $6,415,000, reflecting a sharp yield of 5.81%.
Jess Freeman • 12/5/2025
Research • Investment / Capital Markets
An overview of policy shifts reshaping investment opportunities
12/5/2025
MarketBeat
Cushman & Wakefield's Q3 2025 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 12/4/2025
Silverleaf Investments Acquires Fremantle Timezone Icon for $7.65M
In a strong demonstration of investor confidence in Western Australia’s retail market, Silverleaf Investments has acquired the landmark property at 26 South Terrace, Fremantle for $7,650,000, from Yolk Piazza 21 Pty Ltd, reflecting a sharp sales yield of 5.89%.
Jess Freeman • 12/4/2025
MarketBeat
UK Investment Marketbeat Reports
Access the latest quarterly commercial real estate results for the investment market nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Daryl Perry • 12/4/2025
Research
Mexico Industrial Labor Report
The Mexico Industrial Labor Report examines the interplay between supply and demand for industrial labor in the warehouse and manufacturing sectors, as well as supply and demand for industrial space in the region.
Maribel Gaytan • 12/4/2025
Cushman & Wakefield Announces Paulo Sarmento will succeed Eric van Leuven as Head of Portugal
Paulo Sarmento will succeed Eric van Leuven as Cushman & Wakefield’s Head of Portugal, effective 1 January 2026, with van Leuven continuing with the firm as an Executive Partner.
12/4/2025
China’s REIT Market Accelerates Growth, Signaling a New Era for Real Estate Investment
China’s Real Estate Investment Trust (C-REIT) market is entering a transformative phase, marked by rapid expansion in issuance size, diversification into emerging asset classes, and rising institutional investor confidence. The market has grown to an issuance scale of RMB207 billion across 77 projects as at the end of November, shared Cushman & Wakefield subject matter experts at the MIPIM Asia Summit 2025.
Rosanna Tang • 12/4/2025
Cushman & Wakefield Capital Markets Team Wins Centuria's 2025 NSW Office Deal of the Year
Cushman & Wakefield is proud to announce that its NSW Capital Markets team has been awarded Centuria’s 2025 Office Deal of the Year.
Jess Freeman • 12/3/2025
Research • Investment / Capital Markets
Your Strategic Compass in the World of Commercial Real Estate Investment.
12/3/2025
MarketBeat
UK Life Science Marketbeat Report
Access the latest quarterly commercial real estate results for the UK life science sector nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Kiran Patel • 12/1/2025
MarketBeat
The U.S. life sciences commercial real estate market continues to navigate a challenging environment in 2025, although early signs of stabilization are emerging. Explore the latest U.S. market trends, including supply, demand and investment activity.
Sandy Romero • 11/12/2025
Insights
Although the life sciences sector has always been present, in recent years it has become one of the most prominent and widely discussed sectors worldwide.
Marta Esclapés • 10/14/2025
Research
Under the Microscope: A Deeper Look at Raleigh-Durham’s Life Sciences Market
Vacancy within the Raleigh-Durham life sciences inventory continued to rise, hitting a new high-water mark of 32.3% in Q2 2025.
Madelyn Davis • 9/17/2025
Research
Philadelphia Multifamily Post-Construction Boom Story Map
The expiration of Philadelphia's full 10-year tax abatement on ground-up multifamily construction in 2021 triggered a multifamily construction boom, driving overall inventory growth of 15.8% since that time.
Michael Hanes • 9/15/2025
Research • Investment / Capital Markets
Chinese Mainland Life Sciences Real Estate: Capital Markets Outlook 2025
The Chinese mainland’s life sciences sector is entering a new era of global influence, underpinned by robust policy support, surging R&D investment, and the rapid evolution of both biotech and MedTech solutions.
Shaun Brodie • 9/9/2025
Research
Take a deeper dive into the Greater Boston Life Sciences market.
Riley McMullan • 9/4/2025
Research
The Life Sciences Update covers life sciences venture capital funding, rent and vacancy trends, investment sales, labor analytics, clinical trials and market-level insights for top global life sciences markets.
Sandy Romero • 9/3/2025
Research • Economy
The life sciences sector on the Chinese mainland is experiencing rapid transformation, underpinned by policy liberalization, technological innovation, the emergence of major domestic players, and the rise of purpose-built real estate ecosystems. This report examines current market dynamics, regulatory shifts, landlord and occupier perspectives, and future growth directions.
Shaun Brodie • 7/31/2025
Article
Life Sciences: Leveraging Leasing Trends Amid Headwinds
Rising uncertainty is creating headwinds from several directions for the life sciences sector.
Sandy Romero • 5/2/2025
Research
Life Sciences Funding in View
While more capital flowed to the life sciences sector in 2024, CRE fundamentals softened further.
Sandy Romero • 1/29/2025
Research
Life Sciences Fit Out Cost Guide
Our 2025 Life Sciences Fit Out Cost Guide covers five lab types, two cGMP types, warehouse and office across the six major U.S. life sciences markets.
Brian Ungles • 11/1/2024
Research • Economy
Life Sciences Real Estate: A Market Pulse Check On The Chinese Mainland
This report focuses on a survey conducted on real estate practitioners working for life sciences enterprises on the Chinese mainland. The questions centered on their perspectives and the answers provide the latest thinking these same real estate practitioners have on the market conditions and on their real estate strategies to attain business-related success within the Chinese mainland region.
Research
The Flight to Quality in Life Sciences
Class A properties dominate leasing in 2024. In the war for life sciences talent, firms are providing attractive, amenity rich workspaces to entice in-person attendance and foster collaboration.
Sandy Romero • 7/15/2024
Research • Economy
Diagnosing the Market: The Chinese Mainland Life Sciences Sector
The life sciences industry in China is continuing to evolve. The industry’s development in the country is being supported by a number of factors. Of the more important elements, four comprise policy, industry growth, population demographic dynamics, and the level of innovation.
Research
Recent Ups and Downs for the Life Sciences Market
Life sciences tenants searching for space is up over 22% since late spring with activity in real estate grew as well, with over 31 million square feet (sf) of lab and cGMP space leased from 2021 to 2022.
Sandy Romero • 11/8/2023
Article
Boston Life Sciences Market Trends
Current Boston market conditions have created a unique moment in time that will greatly benefit life sciences occupiers and help Greater Boston sustain its healthy life sciences market.
Riley McMullan • 10/10/2023
Article
Energy and Resource Efficiency in Life Sciences Design
Energy- and resource-efficient design can help transform corporate goals for existing life sciences buildings into successful, energy-efficient spaces.
Jason D'Orlando • 9/20/2023
Article
Does your building qualify for a life sciences conversion?
Interest in converting assets for life sciences use is growing amongst building owners. Cushman & Wakefield’s Project & Development Services team developed basic building performance criteria based on the minimum standards that life sciences companies typically require.
Eric Giles • 7/18/2023
Article
Constructing Science: New Guidance For Building Better Life Sciences Labs
Constructing Science is a first-of-its-kind and free to use dynamic model and building standards for the Life Science sector, essential right now with the high demand for lab space.
Michael Aston • 7/10/2023
Article
Challenges for Life Sciences Projects Means Early Engagement of Project Managers
Persistent challenges continue to impact costs, material lead times and project timelines across all life sciences projects.
Jason D'Orlando • 6/30/2023
Article
Chicago Life Sciences Next Frontier
Chicago is poised and prepared for life science’s next frontier. Driven by rich academic innovation in the areas where medicine meets engineering, the Chicago life science ecosystem has flourished in the last five years.
Jonathan Metzl • 6/6/2023
Research • Investment / Capital Markets
Six Alternative Property Assets — What To Watch In China
The rise of alternative property assets in China has been shaped by a number of factors, including macro-economic trends, evolving population dynamics, technology, new ways of working and living, a greater awareness of sustainability, and the COVID-19 pandemic. This report considers these what-to-watch factors and how they have affected and stimulated general market interest in six key alternative property assets.
Insights • Investment / Capital Markets
Greater China Capital Markets Webinar Spotlight on Life Sciences
Francis Li • 10/28/2022
Research
Life Sciences Update: October 2022
Following extraordinary investment, expansion, and innovation in 2021, the life sciences industry is poised for further growth and consistent demand in the years ahead.
Sandy Romero • 10/26/2022
Article
Life Science Update: Finding Talent and Fostering New Ideas
Encouraging collaboration to formulate new ideas and creating access to skilled talent remain priorities for life sciences companies. Among current life science industry trends, there are several hot locations for the life sciences, as well as a focus on amenities that spark ‘spontaneous interactions’.
Taylor van Dam • 10/19/2022
Article
Identifying Opportunities in Raleigh / Durham’s Life Sciences Market
Raleigh-Durham life sciences market, one of the world’s largest life sciences clusters, has experienced exponential growth in the last five years. What does that mean for our clients?
Sandy Romero • 8/8/2022
Research • Investment / Capital Markets
Life Sciences — Changing The Genetics Of Commercial Real Estate In China
The life sciences industry, as one of China's strategic emerging industries, has witnessed tremendous growth over recent years.
Shaun Brodie • 7/8/2022
Article
Identifying Opportunities in Los Angeles' Life Science Market
The Greater Los Angeles's (GLA) emerging life sciences market has experienced exponential growth in the last 5 years.
Sandy Romero • 7/1/2022
Article
Identifying Opportunities In San Diego’s Life Sciences Market
San Diego’s life sciences market has experienced exponential growth in the last five years but recent volatility in the equity markets has resulted in falling market capitalization for many companies. What does this mean for our clients?
Sandy Romero • 6/28/2022
Research
Life Sciences: COVID-19 Report
Featured local market snapshots give an overview into the life sciences sector and the impact of the pandemic, establishing a baseline for analyzing potential impact in the months to come.
Jolanta Campion • 6/26/2020
Research
Life Sciences: COVID-19 Report
Featured local market snapshots give an overview into the life sciences sector and the impact of the pandemic, establishing a baseline for analyzing potential impact in the months to come.
Jolanta Campion • 6/26/2020
275 N Field Drive
275 N Field Drive, Lake Forest
Size: 196,000 SF
Client: Confidential Client
Size: 196,000 SF
Client: Confidential Client
3333 Green Bay Road
3333 Green Bay Road, North Chicago
Size: 100,000 SF
Client: Rosalind Franklin University
Size: 100,000 SF
Client: Rosalind Franklin University
8045 Lamon Avenue
8045 Lamon Avenue, Skokie
Size: 77,000 SF
Client: Lanzatech
Size: 77,000 SF
Client: Lanzatech
600 N Field Drive
600 N Field Drive, Lake Forest
Size: 54,000 SF
Client: ICU Medical
Size: 54,000 SF
Client: ICU Medical
2430 N Halsted Avenue
2430 N Halsted Avenue, Chicago
Size: 17,000 SF
Client: Cyclopure
Size: 17,000 SF
Client: Cyclopure
1375 W Fulton Avenue
P1375 W Fulton Avenue, Chicago
Size: 7,000 SF
Client: Dimension INX
Size: 7,000 SF
Client: Dimension INX
Related Insights
MarketBeat
UK Life Science Marketbeat Report
Access the latest quarterly commercial real estate results for the UK life science sector nationally. MarketBeat reports analyse quarterly market activity including, supply, demand and pricing trends.
Kiran Patel • 12/1/2025
MarketBeat
The U.S. life sciences commercial real estate market continues to navigate a challenging environment in 2025, although early signs of stabilization are emerging. Explore the latest U.S. market trends, including supply, demand and investment activity.
Sandy Romero • 11/12/2025
Insights
Although the life sciences sector has always been present, in recent years it has become one of the most prominent and widely discussed sectors worldwide.
Marta Esclapés • 10/14/2025
Research
Philadelphia Multifamily Post-Construction Boom Story Map
The expiration of Philadelphia's full 10-year tax abatement on ground-up multifamily construction in 2021 triggered a multifamily construction boom, driving overall inventory growth of 15.8% since that time.
Michael Hanes • 9/15/2025
Research
The Life Sciences Update covers life sciences venture capital funding, rent and vacancy trends, investment sales, labor analytics, clinical trials and market-level insights for top global life sciences markets.
Sandy Romero • 9/3/2025
Research
Life Sciences Funding in View
While more capital flowed to the life sciences sector in 2024, CRE fundamentals softened further.
Sandy Romero • 1/29/2025
Research
Life Sciences Fit Out Cost Guide
Our 2025 Life Sciences Fit Out Cost Guide covers five lab types, two cGMP types, warehouse and office across the six major U.S. life sciences markets.
Brian Ungles • 11/1/2024
Research
Recent Ups and Downs for the Life Sciences Market
Life sciences tenants searching for space is up over 22% since late spring with activity in real estate grew as well, with over 31 million square feet (sf) of lab and cGMP space leased from 2021 to 2022.
Sandy Romero • 11/8/2023
Article
Does your building qualify for a life sciences conversion?
Interest in converting assets for life sciences use is growing amongst building owners. Cushman & Wakefield’s Project & Development Services team developed basic building performance criteria based on the minimum standards that life sciences companies typically require.
Eric Giles • 7/18/2023
Article
Challenges for Life Sciences Projects Means Early Engagement of Project Managers
Persistent challenges continue to impact costs, material lead times and project timelines across all life sciences projects.
Jason D'Orlando • 6/30/2023