Home AEC Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation
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Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation

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Photo by Hans Reniers on Unsplash
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Seattle's life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space outran demand, prompting Alexandria Real Estate Equities to abandon research use at a Seattle property it has held for 22 years in favor of apartments. Seattle's life sciences vacancy rate rose faster […]

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