Big-time biotech landlord rivals Slough Estates and Alexandria Real Estate Equities have been going on a land-banking binge that could drive construction of another 3 million square feet of life science research and development space in South San Francisco and Brisbane. Staking out turf for the next wave of biotech growth, the two companies have entered into bidding wars over a number of properties, driving prices for second-rate office buildings and warehouses to more than $200 a square foot.
