Life Science Cluster Performance Varies Widely
Revista tracks life science properties across the entire U.S. and virtually every area has felt an impact from reduced space demand combined with overbuilding. That being said, not every life …
Biotech Construction Trends
LSRE – Demand is Growing but not as fast as Supply
For those tracking the Life Science Real Estate Sector (LSRE) it should be no surprise that supply is growing currently.
Here are 4 large Life Science Markets with Current Occupancy Above 90%
In fact, the overall US occupancy rate is currently 89.7% as of 2Q24 and is down 320 basis points from 2Q23. The occupancy rate declines have been largely supply driven as the overall US inventory has grown by over 6% during the past year.
Market Spotlight: Raleigh/Durham
The Research Triangle has long been established as a strong biotech market, referred to as such due to the dense research and technology presence in the triangle created by UNC, …
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 …
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. …