What was your greatest professional accomplishment or most notable project, deal, or transaction in 2020? Helping to bring biomanufacturing to Worcester! Representing the WBDC, the K & S team orchestrated two land parcel transactions at The Reactory, the 46-acre biomanufacturing campus in Worcester. In May, Shanghai-based WuXi Biologics purchased a seven acre parcel to build a $60M+ clinical and commercial manufacturing facility. Construction of a two-story 107,000 s/f building is underway and due to be operational in 2022. In August, Galaxy Life Sciences purchased a six acre parcel to build a $50 million multi-modal life sciences facility. Site work has begun and construction will begin in the spring.
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.