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Drug Manufacturing Demand Surges Amid Supply Shortage

Increasing demand for cGMP manufacturing space is leading to an extreme supply shortage in an already very tight industrial market.

Doug Lozier Doug Lozier

Demand for cGMP manufacturing space—or pharmaceutical drug manufacturing space—is growing, thanks to new drug applications and FDA drug approvals. In San Diego, which is a significant hub for cGMP users—the new demand is causing a supply shortage in an already very tight industrial market. While industrial users in general are finding the market challenging, the specialized requirements and large capital investment needed for cGMP spaces put additional pressure on this niche of users. We sat down with Doug Lozier, SVP at CBRE and an expert in this space, for an exclusive interview to talk about the demand for cGMP space and how users are coping with the supply.

GlobesSt.com: What is driving this increase in demand for cGMP space?

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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