Five Strategies For Enlivening The Legacy Biopharma Campus

By Travis McCready, Head of Life Sciences, Industries Americas, JLL

Legacy biopharma multi-use campuses often represent excess space and are costly to maintain. However, these assets also represent opportunities to unlock value—with the right approach.

The following five strategies will help you understand life sciences corporate real estate and facilities in order to reimagine a new future for your campus.

1. Act now, with a holistic view of your real estate and facilities options.
2. Engage your local municipality to discuss its goals and ideas for the site.
3. Consider a sale-leaseback to retain only the space you need— and repurpose the remainder.
4. Open the gates: Make strategic investments to position your campus for new communities.
5. Keep your legacy in mind.