Page 34 Bain Capital Helthcare
P. 34
Custom Built for
Innovation
How Bain Capital Real Estate is meeting high demand
for laboratories
Genesis: Quick Facts
OVERVIEW
Dedicated to the growth of the life
sciences community by providing
premier, Class A environments
that facilitate our tenants’
research and discovery
INVESTORS
Bain Capital Real Estate
For over a decade, the Bain Capital Real Estate team has
acquired, repositioned or developed some 6.4 million square
feet of lab space, a specialty that requires a sophisticated
understanding of the unique space demands for life sciences
tenants, which includes not only the physical environment
critical in advancing their discovery but also those nuances to
key sub-markets that facilitate their success.
In partnership with a local life sciences developer, Bain Capital
created the Genesis brand and R&D real estate platform ten
years ago to build and retrofit properties in the top innovation
hubs of the Bay Area, San Diego and Boston.
Genesis Trapelo, a 68,000 square-foot lab space in Waltham,
Massachusetts, acquired off-market in 2019, was fully
refurbished to meet the flexible needs of life sciences tenants,
and was fully pre-leased in December 2020 before delivering
the asset in October 2021.
“There are very few teams that can match Genesis’ deep
experience in the life sciences industry coupled with our
extensive history converting office buildings to lab” says Joe
Marconi, a Partner on the Bain Capital Real Estate team. “You
need the expertise, the relationships, and the reputation to
effectively partner and deliver an environment that helps
accelerate these companies’ discovery.”
A benefit not shared by most of our competitors is the
collaboration with our Private Equity and Life Sciences teams.
Their extensive knowledge of the participants in the healthcare
universe often provides the Genesis platform insights on
changing company desires and industry evolution.
34
Bain Capital
Healthcare
Innovation
How Bain Capital Real Estate is meeting high demand
for laboratories
Genesis: Quick Facts
OVERVIEW
Dedicated to the growth of the life
sciences community by providing
premier, Class A environments
that facilitate our tenants’
research and discovery
INVESTORS
Bain Capital Real Estate
For over a decade, the Bain Capital Real Estate team has
acquired, repositioned or developed some 6.4 million square
feet of lab space, a specialty that requires a sophisticated
understanding of the unique space demands for life sciences
tenants, which includes not only the physical environment
critical in advancing their discovery but also those nuances to
key sub-markets that facilitate their success.
In partnership with a local life sciences developer, Bain Capital
created the Genesis brand and R&D real estate platform ten
years ago to build and retrofit properties in the top innovation
hubs of the Bay Area, San Diego and Boston.
Genesis Trapelo, a 68,000 square-foot lab space in Waltham,
Massachusetts, acquired off-market in 2019, was fully
refurbished to meet the flexible needs of life sciences tenants,
and was fully pre-leased in December 2020 before delivering
the asset in October 2021.
“There are very few teams that can match Genesis’ deep
experience in the life sciences industry coupled with our
extensive history converting office buildings to lab” says Joe
Marconi, a Partner on the Bain Capital Real Estate team. “You
need the expertise, the relationships, and the reputation to
effectively partner and deliver an environment that helps
accelerate these companies’ discovery.”
A benefit not shared by most of our competitors is the
collaboration with our Private Equity and Life Sciences teams.
Their extensive knowledge of the participants in the healthcare
universe often provides the Genesis platform insights on
changing company desires and industry evolution.
34
Bain Capital
Healthcare
