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 ...
With life sciences real estate looking to turn the corner in 2025, developers and landlords will find themselves struggling with the same issue that defined 2024: a surplus of space that’s pulling ...
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 ...
Berkeley’s total vacancy rate for lab spaces in the third quarter, or Q3, of 2025 came to 51.6% — numbers well above the average vacancy rate for the Bay Area and neighboring cities along the northern ...
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: ...
The Chicago real estate firm that bought most of the Illinois Science & Technology Park in Skokie three years ago has picked up the rest of its research space off the discount rack, a deal ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Life science labs exist to push the boundaries of science and technology for the benefit of ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A recently completed lab ...
When demand for office space cratered during the Covid-19 pandemic, many developers in the Boston area doubled down on building lab space instead. Lately, it sure seems like they went overboard. With ...
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