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Harrison Street acquires first Canadian life sciences asset
Transactions - APRIL 5, 2023

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Harrison Street acquires first Canadian life sciences asset

by Released

Harrison Street has acquired Evolution Block, a recently developed, nearly 78,000-square-foot  genetic medicine GMP biomanufacturing center in Vancouver, British Columbia.

Evolution Block is located adjacent to the Mount Pleasant area of Vancouver, which has rapidly emerged as one of Canada’s life sciences hubs. The Evolution Block facility will support Canada’s national biomanufacturing strategy to expand production capacity of critical medicines for the prevention and treatment of diseases such as COVID-19.

Jonathan Turnbull, head of transactions and business development, Canada at Harrison Street commented, “We’re proud to invest in Evolution Block, which fosters innovation, collaboration and discovery for the life sciences and medical fields in Vancouver, one of the fastest growing life sciences ecosystems in Canada. Further, Evolution Block supports the advancement of Canada’s vaccine manufacturing capabilities to protect the health and safety of Canadi

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