RevistaLab
According to 1Q26 data, only a few submarkets of the greater Boston area have maintained an occupancy above 90%. Two of the smallest submarkets, South 495 and the New Hampshire part of the Boston CBSA are technically . . .
Direct vacancy in life-science real estate has begun to stabilize over the past several quarters, but sublease availability continues to rise. Rising sublease space signals potential tenant turnover and underscores …
When it comes to life science, the Midwest is often overshadowed by the core coastal hubs. However, the Midwest contains a strong ecosystem built on industrial infrastructure and solid talents pools. Revista is tracking over 56 million . . .
After the wave of speculative life science construction in recent years, all eyes are on fundamentals to see when meaningful recovery will occur. While overall there is no confirmation that …
New life science construction has bounced off its low point reached in 2Q25. At that time 10.4 million square feet had broken ground within the twelve months prior. By the final quarter of the year, the trailing twelve-month total moved up to . . .
After $19.7B traded in 2021, transaction activity has slowed each year after and has established a current bottom in 2025 with just $3.8 billion traded. But activity appears to be picking up. So far in 2026 . . .
he life science ecosystem in Houston is one of the strongest in the country, and this thriving environment is now the 11th largest life science real estate market we track. With slightly under 5 million square feet of space, Houston is a scale below the three primary hubs (Boston/San Fran/San Diego) but is now . . .
Over the past two years, there has been a trend of increasing sublease listings in the life science sector. For investor-owned life science properties, the chart below displays the square footage that is available for sublease, and the two occupancy rates that depend on whether . . .
U.S. life science manufacturing has had strong tailwinds for more than five years, starting with pandemic-related supply chain disruptions and continuing with the recent policy changes that encourage onshoring. The …
Domestic life science manufacturing is now a focal point, and we are seeing evidence in employment data and our construction data. Data from the Bureau of Labor Statistics shows Pharmaceutical & Medicine Manufacturing Employment on the rise in 2025, after . . .
While several U.S. life science markets have begun to stabilize or show early signs of recovery, San Francisco/San Jose remains in a period of adjustment as new supply continues to …
While not true of all markets, the top 3 clusters have recently faced deteriorating employment. The chart below shows the year-over-year change in employment across the private sector overall and scientific R&D . . .
After several tough years marked by oversupply and slower demand, life science real estate has been searching for a bottom. Most major markets — from Boston to San Francisco and …
To understand each market, we have categorized life science buildings into four age groups. The markets with the most old buildings (built more than 40 years ago) are Chicago, New York and Philadelphia. This is . . .
Life Science real estate has been on a clip of fast expansion, fueled by the increased investor attention and heightened space demand the sector experienced in the wake of the …
What does ownership look like in smaller life science markets? In the chart below we have simplified ownership into either investor or user-owned. The top three markets are dominated by . . .
At the end of 2024, construction starts for life science projects had slowed to the lowest point since the onset of the pandemic, with less than 1 million square feet …
he Worcester Life Science market lies in Central Massachusetts (MA) and serves as a natural growth point for life science companies looking to grow from the Boston/Cambridge CBSA.