Building Sustainability

Skyway Landing represents the continuation of Bain Capital Real Estate’s successful office to Class-A Life Sciences / Lab Space conversion program, which is focused on assets in well-located micro-markets within the top US life sciences clusters—including San Francisco, San Diego, and Boston. In early 2023, the team acquired the property with the intention of redeveloping it into a 261,000-square-foot, state-of-the-art site. Upon completion, Skyway Landing is expected to be one of the first all-electric life sciences properties in the San Francisco Bay Area.

During the due diligence and underwriting processes, our Real Estate team considered key ESG factors—including assessments on potential exposure to physical climate hazards, such as heat stress and rising sea levels, using Moody’s Climate on Demand service. Although we believe these hazards pose low risks to Skyway Landing over our investment period, we are looking into ways to mitigate their potential impact.

Our redevelopment plan strives to enhance the sustainability features of the existing property, which has been LEED Gold and Energy Star certified since 2015. Our all-electric design will upgrade the existing HVAC systems, and increase the building’s electrical capacity to facilitate energy-efficient operations and reduce greenhouse gas emissions. With an increased focus on biophilic design and tenant well-being, our carefully curated amenities will feature a fitness center, conference rooms, a café, and courtyard seating. And moving forward, we will continue to evaluate ESG opportunities to further reduce emissions, including the addition of rooftop solar PV panels and a solar carport.