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Home Featured North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
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North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant

April 9, 20263 Mins read1.1k
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Sana Biotechnology, Bothell, Puget Sound, Fremont, Seattle, Cambridge, South San Francisco, Rochester
Photo by National Cancer Institute on Unsplash
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A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants across North America's major research hubs The North American life sciences real estate market is working through a significant supply imbalance, as speculative lab projects launched during the pandemic deliver into an […]

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