DAN HACKETT. PHOTO: BY CUSHMAN & WAKEFIELD

The life sciences sector is hot, and that’s led to a rising interest among building owners in converting assets to lab, research and biotech space.

For instance, Rock Creek Property Group transformed 13.1 acres of what was originally zoned for up to 175 townhomes and 400,000 square feet of office space at 700 Quince Orchard Road in Gaithersburg, Md., into a Class A, life sciences project suitable for manufacturing, lab and office space. 

Image: DAN HACKETT. PHOTO: BY CUSHMAN & WAKEFIELD