Demand for Life Sciences Space

Demand for Life Sciences Space

  • 12/14/21

In the last 6 months, demand for Life Sciences space has increased by 19.7% and more than 23.7 million square feet of lab, research and development space is under construction. Cambridge/Boston and San Francisco are leading the charge. Venture capital funding surpassed $30 billion for the year in the third quarter, keeping it on track to surpass last year’s record of $33.1 billion invested in the sector. (CBRE)

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