Ology Bioservices Signs Built-to-Suit Lab Space, Adding 43,000 Square Feet to Headquarters

Avison Young facilitated a 42,500-square-foot lease agreement between Concept Companies and Ology Bioservices, a UF startup and UF Innovate | Sid Martin Biotech alum, for a new built-to-suit lab space on the heels of a federal government contract for the company to expand production capabilities, including vaccines and therapeutics for COVID-19 once finalized. Concept Companies will develop the facility, conveniently situated adjacent to Ology Bioservices’ headquarters at 13200 NW Nano Court in Alachua, just northwest of Gainesville, Florida.

“The race for the COVID-19 vaccine continues to drive demand for life sciences real estate nationwide, and the Ology Bioservices deal is an example of the sector’s tremendous growth in the Gainesville area,” said Nick Banks, principal and managing director of the firm’s North Florida operations. “The built-to-suit space represents an expansion in an ideal setting near life science-focused research parks and the UF Innovate | Sid Martin Biotech Incubator, the #1-ranked biotech incubator in the world.”

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