Dallas, TX

Seasoned Life Sciences Executive Matt Gardner Joins CBRE to Lead Company's US Advisory Life Sciences Practice

08 Mar 2022

scientist's hand holding a test tube and beakers

CBRE today announced that it has appointed seasoned Life Sciences executive Matt Gardner to a new strategic position leading the company’s U.S. Advisory Life Sciences practice, a sector of commercial real estate that is growing exponentially across the country.
 
Based in Northern California, Mr. Gardner will lead CBRE’s expanding practice with a focus on driving the Life Sciences growth strategy—including both occupier and investor leasing, as well as sales—across both established and emerging Life Sciences markets.
 

“Matt is a proven leader in the life sciences industry with the ability to align teams around clear, shared goals to drive innovation and business growth. In this growing sector, the deep expertise that Matt brings will enable our life sciences professionals to deliver even greater impact for our clients,” said Manish Kashyap, Global President, Advisory & Transaction Services.
 
Mr. Gardner is an established executive with more than 30 years of technology and life sciences experience. He served as CEO and Co-Founder for Innovation Counsellors, a management consulting organization focused on membership and ecosystem development for area life sciences and technology labs, councils, and advocacy organizations. As part of this role, he was the founding executive for the California Biomanufacturing Center. Additionally, Mr. Gardner previously served as CEO of life science cluster organizations BayBio and MarylandBio.
 
The life sciences industry has grown rapidly in recent years due to demographic trends such as longer average lifespans, the aging of the Baby Boomers and advancements in medical treatments. The sector shifted into a higher gear since the onset of the COVID-19 pandemic, sparking sharp increases in life sciences employment and both federal and private funding. In turn, U.S. life sciences real estate has reached new records, including nearly 32 million sq. ft. of labs under construction in the top 12 markets at the end of 2021 and a scant vacancy rate of 4.8 percent.

Read more of CBRE’s analysis of this industry here.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.