According to 2020 Year-End: Life Science National Overview & Top Market Clusters, a recent report from Newmark, both tenant and institutional investor demand for life science real estate remains vibrant. Low lab vacancy rates in life science markets reflect substantial appetite and limited supply of existing wet lab space.
While prime drawing cards like Boston and the San Francisco Bay Area continue to command attention as life science hubs, don’t discount a raft of up-and-coming markets, chief among them Charleston, S.C., Columbus, Oh. and Houston, Tex. Read on for more on those emerging centers of life science advancement.
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