U.S. Life Sciences Property Report

Exploring five life sciences lab trends showing opportunity ahead

May 15, 2024
  • Maddie Holmes
  • Mark Bruso
  • Amber Schiada

Life sciences market activity continues to grow across the U.S. For instance, quarterly growth of demand for lab space in Boston, the Bay Area and San Diego markets has averaged 17% over the past three quarters. What does this resurgence really mean for life sciences companies, developers and investors?

The U.S Life Sciences Property Report reveals five lab sector trends showing opportunity ahead. Asset and neighborhood quality are playing a critical role in attracting tenants and driving leasing success as the supply-to-demand ratio gradually levels. While some markets have a longer road to normalization ahead, key indicators across the U.S. are pointing to decreasing vacancy rates and improving macro fundamentals in the sector.

One thread remains true for all markets: now is the ideal time for life sciences companies to take advantage of favorable market conditions before competition for space intensifies in the coming years.

Explore the data driving these bright spots and gain valuable lab insights that will position your company for success in 2024 and beyond.

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