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Science Park at Yale, New Haven, CT

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Sole Lease Responsibility

The global Life Sciences Practice Group at Colliers spans multiple markets. In Connecticut, LSPG retains sole leasing responsibility for Science Park at Yale, a large research park that is the former manufacturing center of the Winchester Repeating Arms Company.

Colliers has worked with ownership and tenants to keep the complex occupied, productive and vibrant for a decade. To date, more than 150,000 square feet in the complex has been leased at a value of more than $20 million. Long term representation of the property has included transactions for lab and vivarium space with companies in various phases of their development cycle.

Colliers Life Science Practice Group’s expertise in the marketing, presentation and disposition of laboratory space continues to be a key factor in the project’s success – possessing strong familiarity with the complex building systems that support lab operations and with the wide array of scientific equipment that is typically found in labs. Understanding how to adapt an existing lab to meet the needs of a new occupant and how to structure transactions that incorporate the details of a transition from one user to the next has resulted in transactions with leading lab companies like: Transgenomic, Inc., Karos Pharmaceuticals, Connecticut Center for Arts and Technologies, Arvinas, Precipio Diagnostics, Cybrexa Therapeutics, P2 Science and Clinical Data.


Related Experts

Michael Brown

Senior Director, Office Services

Jacksonville

As the National Leader of Colliers Global Life Science Practice Group, I bring 43 years of commercial real estate experience and 22 years of experience focusing on life science real estate. My acquired knowledge in life science work has been on both the landlord (Wexford Science & Technology) and the tenant side within the industry.

I have experience with Advanced Therapeutic Medicinal Products, Parenteral Fill Finish, Solid Oral Dosage, Biologics, and Medical Device manufacturing facilities, as well as a solid background in Laboratory Research and Development/Pilot scale facilities and controlled environments. Through my work on local, regional and national site selection assignments, I have developed a firm grasp of the rigorous process required to meet the key search criteria of my clients.  

My knowledge of market conditions and influences in the life sciences supports my ability to be creative in structuring the financial details of both lease and purchase transactions. My network of a wide variety of trusted advisors within the industry facilitates a regular flow of information about life science real estate trends, pricing, and comparable data for leasing and sales transactions.

Personal Goal:

To make sure that our team can deliver insightful and thoughtful life science real estate strategies to our clients, regardless of company size and the challenges they may face in entering and exiting the clinic successfully.

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John Keogh

Broker

New Haven

I have more than 30 years of experience as a commercial real estate broker in Connecticut. In the course of that time I've become familiar with just about every type of commercial property and with all of the major geographical markets within the state.

For the last 15 years or so I've concentrated my efforts in and around New Haven. I represent landlords, tenants, buyers and sellers, mostly in transactions involving either office space or life sciences properties.

My clients have included Science Park Development Corporation, Omni Hotels, Olin Corporation, PMC Property Group, Thylan Associates, Bow Tie Partners, General Reinsurance, Metropolitan Life, New York Life and the FDIC.

I am perhaps best known these days as the leasing agent for major office and research properties including the downtown tower at 900 Chapel Street, Merritt Crossing at 440 Wheelers Farms Road in Milford, and Science Park, a large research campus near Yale University that was once the manufacturing complex of the Winchester Repeating Arms Company.

I also has deep experience in the sale of properties for investment and development. In 2017 I represented Gramercy Property Trust in the sale of four Citizens Bank branches.

I began my career in commercial real estate brokerage in Fairfield County, where I worked with William Pitt Commercial Real Estate in Stamford. I moved to New Haven in 2001 to join Traub & Company, a boutique firm started by Carl Traub, the former head of Cushman & Wakefield of Connecticut. When Mr. Traub passed away suddenly in 2003, I remained for 18 months to wrap up the firm’s outstanding business. The company was then merged with Colliers International.

I have brokered several of the transactions that have reshaped downtown New Haven over the last decade. I represented Omni Hotels in the leasing of 20,000 square feet of retail space, once part of the former Chapel Square Mall, to four tenants including Barcelona Restaurant. I also arranged the sale of 80 Temple Street, the former headquarters of United Illuminating, from Temple George Associates (an affiliate of Fusco Corporation) to Bow Tie Partners, which renovated the building as 44 apartments and a 7-screen movie theater.

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