An estimated 50M SF of lab space sits empty across the United States, much of it built in the last year. “Some of that space was never really great lab space, even in a low-vacancy market, so that's ...
The labs are not all right. After years of new supply without the tenant demand to support it, life sciences real estate nationwide is at an inflection point, with 18.7M SF likely to change uses by ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min CBRE is tracking over 400,000 ...
The Boston Globe The Boston area built a ton of lab space. Now many of those buildings are opening empty. The region’s supply of life-science real estate exploded just as the once-booming industry hit ...
Massachusetts is a major hub for biotech and life sciences, and lab space in the state is needed for industry players. But since the real estate boom in lab spaces post-COVID, many are now opening up ...
The U.S. life sciences real estate market was already in correction mode entering 2024. Tenant demand had plummeted. Venture capital was drying up. Now, federal support is shrinking, too. SEE ALSO: ...
Around this time three years ago, while most of us navigated pandemic life, real estate developers across Greater Boston looked to life-science laboratories, and saw dollar signs. The white-collar ...