Life Science,
Research &
Innovation

Unlocking the Power of Life Science, Research & Innovation

Ventas is the leading owner of university-based Life Science, Research & Innovation (R&I) real estate. We continue to grow this portfolio ambitiously through ground-up development and asset acquisitions.

Demand for life science, research and innovation real estate is driven by robust and increasing capital flows into biomedical and scientific health research from private firms and government sources, including more than $40 billion from the National Institutes of Health (NIH) in 2020 alone.  Over 170 million U.S. individuals are expected to suffer from at least one chronic condition by 20301, and therapies to manage these conditions are key to cost effective healthcare delivery, improved quality of life and longer life expectancy.  Biomedical research and innovation have the capacity to make our aging population live longer, healthier lives, reduce the cost of care, improve the outcomes from chronic disease and even develop groundbreaking vaccines in the midst of a pandemic in record time.

Ventas now owns or has investments in an over 9M square feet R&I portfolio including developments underway:

  • Residing on the campuses of 16 top-tier research universities
  • Including a presence in three of the top five life science clusters: San Francisco, CA, Cambridge, MA and Maryland-DC
  • Containing 42 operating properties and spanning 8M sq. ft.
  • Including three in-progress developments, consisting of over 1M additional sq. ft.
  • Active ~$1B pipeline of development opportunities with leading research universities

Arizona State University
Tempe

College of Nursing and Health Professions
Philadelphia

ONE uCity
Philadelphia

The Assembly
Pittsburgh

Recent Investments

SOUTH SAN FRANCISCO
The Birthplace of Biotechnology

 

  • Class A trophy portfolio of three newly developed or renovated buildings totaling nearly 800,000 square feet, strategically situated at the entrance to the South San Francisco life science cluster
  • Purpose-built for advanced research functions and predominantly dedicated to best-in-class lab space supporting biotechnology and other life science research

JOHNS HOPKINS
The Intersection of Academic Medicine & Research

 

  • Class A portfolio of 454,000 square feet strategically located adjacent to Johns Hopkins Medical Campus and in the 4th ranked life science cluster

Spurring Life-Changing Innovation through Vibrant Knowledge Communities

Cortex Innovation Community
Saint Louis, MO

Downtown Crossing
New Haven, CT

Univ. of Miami
Life Sci. & Tech. Park
Miami, FL

Providence Innovation & Design District
Providence, RI

The Ventas Team

Life Science, Research & Innovation

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Peter J. Bulgarelli

Executive Vice President, Office; President and CEO,
Lillibridge Healthcare Services

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Will Germain

Senior Investment Officer
Life Science, R&I

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James E. (Jim) Mendelson

Senior Vice President, Asset Management (Office)

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Tim Sanders

Senior Investment Officer
Life Science, R&I

1: Wu, S., Green, A Project of Chronic Illness Prevalence and Cost Inflation, RAND Corporation (2000)