U.S. life sciences employment has wavered between small gains and declines since 2022 as the sector grappled with capital constraints and layoffs, leaving its growth prospects fragile this year, according to a new report from CBRE.
Tag: Life Sciences
CBRE: Boston, New York/New Jersey, Los Angeles Top Life Sciences Subsectors Lists
CBRE, Dallas, released its latest U.S. Life Sciences Talent Trends report, analyzing life sciences employment by subsector and identifying which cities constitute the “top markets” for each.
Survey Finds Life Sciences Incubators Anticipate Gains in Funding, Locations
Most U.S. life sciences incubators anticipate that their funding will increase over the next five to 10 years–and 63% expect to open additional locations–according to a new survey from CBRE, Dallas.
CommercialEdge: Office Market Continues to See Challenges
CommercialEdge, Santa Barbara, Calif., found the average U.S. office listing rate was at $37.35 per square foot, down about 1.8% year-over-year, in January. That’s also down about 29 cents from December.
Growth of Medtech, Biomanufacturing Continues to Provide Real Estate Opportunities, JLL Says
JLL, Chicago, released analysis on specific growth in the life sciences industry, pinpointing the medtech and biomanufacturing sectors as benefiting nearby markets.
Life Sciences Properties Prove Resilient
Life sciences real estate assets are proving resilient during the current economic slowdown, reported CBRE, Dallas.
Dealmaker: JLL Arranges $310M for All-Electric Life Sciences Campus in California
JLL, Chicago, arranged a $310 million construction loan for Avia Labs at Millbrae Station, a life sciences development in Millbrae, Calif.
Resiliency, Innovation Fueling Life Sciences Growth
Despite some short-term challenges, the life sciences sector is set for long-term gains, said JLL, Chicago.
Rising Construction Tide Lifts Office-To-Lab Conversions
CBRE, Dallas, reported a sharp increase in construction of life sciences labs includes big gains in a premium category: conversions of office buildings to labs.
Race for Life Sciences Lab Space Heated Up in First-Half 2021
Life-science lab space has emerged as a coveted sector as hefty increases in funding and employment fuel both demand for and construction of lab space in leading U.S. life-science markets, reported CBRE, Dallas.