Science lab incubator coming to 22,000 sq ft East Lansing building

Not unlike food entrepreneurs, early stage biotech and life science entrepreneurs face pretty high startup costs in the equipment and facilities department. In the spirit of niche incubators such as those that serve the food industry, former Arialink CEO Jason Schreiber decided to give area scientists a place where they could affordably get a business off the ground. With the purchase of a 22,000 square foot building on Dawn Ave. in East Lansing, a science laboratory incubator facility is on the way into the market. 

 

"Right now we see companies that are spinning out of MSU and other life science companies going to Ann Arbor and Kalamazoo," says Schreiber. "We're hoping to keep them in Lansing."

 

Schreiber says he's already received several inquiries from potential users of the space, and renovation will depend on the types of users that sign on. He hopes the space will accommodate both single-user labs and larger companies. 

 

"We saw the building, and we recognized the opportunity,'" he said of the two-story building that was once used for research and development. "It's a gem of a building, it just needs some love"

 

Renovations are expected to begin around February of 2014. Schreiber hopes to have the facility up and running by the middle to end of next summer summer. CBRE|Martin facilitated the sale of the property.