Market Highlights

• A 10,576 square foot (sf) life sciences incubator is opening at 20400 Century Blvd in Germantown where office and lab space will be available for use.
• Ware Malcomb has completed the conversion of two office buildings into cMP-ready box and lab facilities, spanning around 32,000 and 52,000 sf, on the Precision Labs campus in Germantown.
• AstraZeneca is set to invest $300 million in the development of a new manufacturing facility at 9950 Medical Center Drive in Rockville. This facility will support critical cancer trials and future commercial supply through its cell therapy platforms and is expected to be fully operational by 2026.

Read the full report