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How Eli Lilly's latest lab growth fuels rising drug industry property investment

Drugmaker extends Gateway Labs in San Diego as real estate expansion picks up
Eli Lilly opened its latest Gateway Labs facility to house early-stage biotech firms at a San Diego campus. (Eli Lilly/Alexandria Real Estate Equities)
Eli Lilly opened its latest Gateway Labs facility to house early-stage biotech firms at a San Diego campus. (Eli Lilly/Alexandria Real Estate Equities)
CoStar News
October 6, 2025 | 3:39 P.M.

Pharmaceutical giant Eli Lilly's expansion of United States drugmaking real estate is picking up with the completion of a major lab facility near San Diego designed to house up to 15 biotech firms, a move that also marks just the latest major life sciences property investment for the industry across the country. 

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