Greencourt Innovation Center

Name

Greencourt Innovation Center

Legal name

Greencourt LLC

Website

https://greencourtinnovationcenter.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Coworking and Lab Space

NAICS

Management of Companies and Enterprises (55111)

SIC

Non-Operating Establishments (9995)

akta.pro primary industry

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)

akta.pro secondary industry

Conference Centers & Dedicated Meeting Venues (THAHAAAB)

Keywords

• Biotech lab leasing
• Office workspace rentals
• Event venue rental
• Coworking space
• Commercial real estate

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Lab Space Leasing: Full-service lease arrangements for wet lab space ranging from 200 SF to 15,000 SF. Utilities included in lease terms. Minimum 2-year lease terms. Revenue generated from monthly rent payments from biotech tenants.
2. Office Space Leasing: Private office suites ranging from approximately 1,000-3,500 SF offered as plug-and-play spec suites. Also offers flexible workspaces through Regus partnership for shorter-term needs.
3. Event Space Rental: Hourly or rental income from event spaces including Turing Hall (150 capacity), Francis Crick Boardroom (14 capacity), and Karl Popper Conference Center (50 capacity). Onsite event team provides planning services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Greencourt Innovation Center is a 103,000 SF multi-use commercial real estate facility in North Bethesda, Maryland that leases move-in ready wet labs (200 SF to 15,000 SF), plug-and-play private office suites (1,000-3,500 SF), and event spaces (Turing Hall, Francis Crick Boardroom, Karl Popper Conference Center) to startups, biotech companies, and small-to-medium businesses. The facility is HUBZone qualified and managed by SunWater Property Management.

Product overview

Greencourt Innovation Center is a multi-use commercial real estate property offering three core product lines: GIC Flexlab Program (wet lab suites ranging from 200 SF to 15,000 SF for biotech companies), SPEC Office Suites (private plug-and-play offices from 1,000 to 3,500 SF, supplemented by flexible Regus workspaces), and Events Spaces (three named venues — Turing Hall for large receptions/panels up to 150 guests, Francis Crick Boardroom for executive meetings up to 14 guests, and Karl Popper Conference Center for corporate trainings up to 50 guests). The facility also includes shared amenities such as a fitness center, open-air terraces, collaboration halls, and concierge services. All spaces are centrally located in the North Bethesda Warehouse District within Montgomery County's i270 TechHub.

Differentiator

Problem solved

Functional benefit

Products and services

• GIC Flexlab Program Move-in ready wet lab suites ranging from 200 SF to 15,000 SF with conjoining entryways between suites allowing tenants to expand without relocating. Designed for emerging biotech companies in Montgomery County needing flexible research infrastructure.
• Biotech Lab Leasing Specialized biotech lab leasing with 2-year minimum terms, full-service leases including utilities, and specialized equipment for small and large scale research projects. Targeted at biotech tenants.
• SPEC Office Suites Plug-and-play private office suites ranging from approximately 1,000 to 3,500 SF with open efficient floorplans, window-lined offices, and modern finishes. Designed for companies seeking brand new move-in ready office space.
• Turing Hall Three-story open-air event venue with floor-to-ceiling windows, industrial design features, performance stage, two large presentation screens, and beautifully furnished seating areas. Capacity of 150 guests. Suitable for company receptions, speaker panels, and concerts.
• Francis Crick Boardroom Uniquely designed floating boardroom suspended in mid-air, enclosed in glass and steel framing. Equipped with high-speed WiFi, smart technology integrations, and LED lighting displays. Capacity of 14 guests. Designed for client meetings and executive conferences.
• Karl Popper Conference Center Conference space with configurable table setups including boardroom, classroom, and u-shape styles. Equipped with high-speed WiFi, speaker's podium, smart A/V technology, and a large presentation screen. Capacity of 50 guests. Designed for team trainings, all-hands meetings, and company presentations.
• Flexible Office Workspaces via Regus Partnership Flexible workspaces, open collaboration spaces, and state-of-the-art conference rooms provided through a Regus partnership, enabling short-term and adaptable workspace arrangements for businesses needing alternatives to long-term leases.

Quantifiable outcome

• Flexible lab expansion without relocating - tenants can rent additional on-demand lab space as operations grow

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• RegusminorChannel Partner/ Reseller/ DistributorGIC offers flexible workspaces, open collaboration spaces, and conference rooms through Regus partnership, providing short-term and flexible lease options for tenants who need alternatives to traditional long-term office leases.

Scale indicators6 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• Industrious: Premium flexible office operator providing full-service workspace solutions to enterprise and SMB clients. Comparable to GIC's office-leasing product in target customer and full-service amenity model.
• BioMed Realty: Life sciences real estate platform (now part of Healthcare Realty Trust) operating lab and innovation campuses serving biotech and pharma tenants. Comparable product offering to GIC's Flexlab program, with overlapping customer segments and business model.
• WeWork: Large coworking operator offering flexible office space to startups and enterprises. Overlaps with GIC's office-workspace product and SMB/startup target segment, though WeWork does not offer wet lab infrastructure.
• Cambridge Innovation Center (CIC): Innovation campus operator offering coworking, lab, and event space to startups and growing companies. Closely comparable multi-product (office + lab + event) model serving similar innovation-economy tenants.
• IWG (Regus): Global flexible-workspace operator and parent of Regus — GIC's existing channel partner. Comparable in office-coworking product line, though IWG operates at much larger scale and globally across geographies.
• Alexandria Real Estate Equities: NYSE-listed life sciences real estate REIT that develops and leases Class A wet lab and innovation space to biotech tenants. Directly comparable to GIC's lab-leasing core product and tenant base, though at materially larger scale and geographic breadth.
• BioLabs: Shared lab coworking operator offering move-in-ready wet lab space to biotech startups across multiple U.S. markets. Closely aligned with GIC's Flexlab Program in target customer (early-stage biotech), product (move-in-ready wet labs), and value proposition (avoiding upfront capex).

Broad incumbents

• CBRE Group: World's largest commercial real estate services and investment firm. Comparable as a CRE operating peer given GIC's single-asset, full-service-leasing business model, though CBRE operates across all asset classes and geographies.
• JLL: Global commercial real estate services firm offering leasing, property management, and advisory services. Comparable at the property-management level given GIC's operation of a single large asset, though JLL is far broader in scope and geography.

Regional players

• Workbox: DMV-area flexible office and coworking operator serving small businesses and growing companies. Comparable product offering and target customer to GIC's office-workspace line, with direct overlap in the Washington DC metro market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/greencourtinnovationcenter
• Facebookfacebook.com/Greencourt-Innovation-Center-100088451975141
• LinkedInlinkedin.com/company/greencourt-innovation-center

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greencourt Innovation Center