Publication

San Francisco Bay Area Q4 2024 Life Sciences Market Overview

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Market Highlights

  • Woodstock Development plans to transform a three-building office and R&D campus at 600 Bancroft Way into a 247,647-square-foot (sf) life sciences hub.
  • The 103,295-sf Newark Science Center, a two-building campus at 8000-8100 Jarvis Ave., is on the market for sale after Buchanan Street Partners invested $20.0 million in upgrades since its purchase.
  • Venture capital funding in the San Francisco Bay Area rose nearly 15.0% from the end of 2023 to the end of 2024, with Nuvig Therapeutics leading the last quarter by raising $161.0 million in Series B funding.

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