The 1.3-acre plot of land that TCC purchased is located at 400 N. Aberdeen St. in the heart of Chicago’s vibrant Fulton Market neighborhood. The company has mobilized onsite and expects to break ground on the innovative life science facility in July.
“We are excited to take this next step and move forward in creating a new center designed for innovation and collaboration among life science companies,” said Johnny Carlson, principal of TCC’s Midwest Business Unit.
The Fulton Labs facility will span 16 floors, with 12 floors of wet or dry lab space, dependent on the tenant’s needs. The building is designed to offer researchers flexibility, scalability and innovation, with features such as a column-free and long-span layouts. Further, all lab spaces are designed to meet VC-A vibration criteria, an important step for enabling reproducible results. The full specs are available here.
“With Fulton Labs’ advanced R&D infrastructure, flexible lab spaces, and full floor launchpad for early stage companies, we are confident that this facility will help to promote growth in the Midwest’s life science industry,” Grady Hamilton, managing director of TCC’s Midwest Business Unit.
CBRE is marketing the project for lease. For Fulton Labs leasing information, contact Sara Spicklemire at [email protected]
About Trammell Crow Company
Trammell Crow Company (TCC) is a leading global commercial real estate developer and a wholly owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2022, TCC had $19.5 billion of projects in process and $13.5 billion in its pipeline. It employs 700 professionals in 27 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.
