Beyond the Big Three – What are the Largest Life Science Clusters?
Outside of the core three clusters – Boston, San Francisco and San Diego – what are the largest markets? How are they holding up with all the new recent supply …
Construction/Development
Market Spotlight: DC-Baltimore
The DC-Baltimore area is now the 7th largest life science market that we track. With 12.7 million square feet of inventory, and 2.3 million square feet in the pipeline, it is a strong cluster for life science research. The chart below is a snapshot of the market in the 1st quarter of 2024. DC-Baltimore is experiencing . . .
Life Science Construction Grinds to Halt – Less than 1M SF Started in 1Q24
Construction starts slowed in 2023 as funding levels came down and demand for Life Science space softened, but 2024 has begun with almost a complete halt in new construction activity. …
4th Quarter Life Science Real Estate Update – Slides and Webinar
RevistaLab.com recently held its 4th quarter life science real estate update. Revista principals, Hilda Martin and Mike Hargrave presented RevistaLab data on construction trends, transactions, occupancies, supply/demand fundamentals across the …
Supply Growth Pressuring Occupancy in the Boston CBSA
It is no secret that inventory has been increasing lately in many life science real estate markets. Developers have been responding to increasing demand for new space during the past years, especially coming out of the COVID-19 pandemic era
Construction Pipeline Pushes U.S. Life Science Inventory to 440 Million Square Feet
Revista research has been hard at work putting together the most comprehensive database of Life Science properties available. Currently, open inventory stands at just over 359 million SF with another …
San Francisco Shows Resilience in 2023
Many metros are struggling this year to absorb new Life Science inventory as funding has significantly scaled back and companies become more cautious on space needs. After struggling to absorb …
Life Science Construction Pipeline Stabilizes in 2Q23
The life science real estate construction pipeline, which had been rising throughout 2022 is beginning to show signs of stabilization. Measured by square feet in progress (SF Inprogress), Revistalab calculates …
Life Science Construction Pipeline Continues to be Strong
Across the U.S. there are 75 million square feet of life science properties that are under construction (In Progress), with the majority being completely new buildings. Conversions make up a sizeable chunk (11.9 million sf), followed by a smaller portion of expansions and renovations.
What are the Top Construction Markets for Life Science Real Estate?
Did you know Revistalab tracks life science real estate (LSRE) construction across the country? RevistaLab covers lab construction projects, including conversions expansions and new properties across the US that are in planning, in progress as well as completed.
See the Top Ten Boston Life Science Developers
Boston is the center of the US Life Science universe, and it has been even more of a focal point for the investment community in the past few years. Not …
Life Science Real Estate Inventory Growth – Are We Meeting Demand?
Unprecedented levels of funding into biotech and pharmaceutical companies in recent years has created explosive growth in the sector. That growth eventually translates into the need for more space. Are …