Life Science Real Estate Occupancy Bottomed in 2025
After 16 consecutive quarters of declining occupancy, the free fall in life science real estate appears to be over. 4Q25 marked an important turning point, with U.S. occupancy bottoming and …
Leasing/Property Management
New York Life Science Submarkets
The NY-NJ metro area is the fourth largest life science market in the country. It runs right behind San Diego with 29 million square feet of operating properties. The New Jersey side contains the bulk of space, with a 70/30 split NJ to NY. Having an overall occupancy rate of . . .
A look at the Denver/Boulder Market for Life Science Real Estate
Denver/Boulder is a growing and healthy life science real estate market. Life science companies are attracted to the market because of ties to top tier research universities, a highly educated talent pool and steady investment in life science research. Real estate investors have been drawn to the market in support of the life sciences ecosystem.
Occupancy May Have Found a Bottom
For the first time in several years, quarterly absorption was higher than completions. It wasn’t by a large margin, but it was enough to push occupancy slightly up, now at 83.2%. The shift in dynamics is driven by . . .
Surge in Biotech Valuations: A Tailwind for Life Science Real Estate
Biotech stocks are moving higher and have been since the back end of 2025. The S&P Biotech Index is up 80% year-over-year, with the June rally pushing into the territory of 2021 highs. More M&A in Biotech, stronger . . .
Life Science Construction Bottomed in 2025
The first quarter of 2026 did not show any significant improvements in occupancy across most markets. Despite this, it appears that construction activity is on an upward trend after hitting a low in . . .
A Market to Watch: DC–Baltimore Finds Its Footing
While many life science cluster markets continue to struggle with the effects of elevated deliveries and softer demand, several are beginning to show signs of stabilization. The DC–Baltimore cluster is …
Which Boston Submarkets are Standing Firm?
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 . . .
Life Science Sublease Availability Climbs 12% in 1Q26
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 …
Life Science Real Estate in the Midwest
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 . . .
Some Markets are Recovering – Elsewhere Vacancy Continue to Climb
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 …
Houston Life Science
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 . . .
Sublease Space More Prevalent in 2025
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 . . .
Raleigh-Durham Set for Major Expansion
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 …
San Francisco Bay Area Faces Ongoing Market Challenges
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 …
Negative Employment Changes to Start 2025
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 . . .
Is the Life Science Real Estate Market Finally Nearing a Turnaround?
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 …
What is the Age of the Real Estate in Major Life Science Hubs?
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 . . .