Market Summaries
Boston
Hub Market
Boston
Fast Lab Stats
50.3 MSF
Market Square Footage
$ Per SF
$78.96
Vacancy
34.0%
Total Life Sciences Employment
109.4K
Life Sciences Employment 10-Year Change
94.7%
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Chicago
Denver
Los Angeles & Orange County
New Jersey
New York
Philadelphia
Raleigh-Durham
San Diego
San Francisco Bay Area
Seattle
Montreal
Toronto
Vancouver
Chicago
Fast Lab Stats
Market Square Footage
8.6 MSF
$ Per SF
$56.45
Vacancy
21.5%
Total Life Sciences Employment
39.9K
Life Sciences Employment 10-Year Change
3.7%
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Denver
Fast Lab Stats
Market Square Footage
6.5 MSF
$ Per SF
$29.60
Vacancy
18.0%
Total Life Sciences Employment
18.2K
Life Sciences Employment 10-Year Change
40.7%
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Los Angeles & Orange County
Fast Lab Stats
Market Square Footage
8.6 MSF
$ Per SF
$43.55
Vacancy
2.5%
Total Life Sciences Employment
42.1K
Life Sciences Employment 10-Year Change
6.9%
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New Jersey
Fast Lab Stats
Market Square Footage
20.0 MSF
$ Per SF
$38.83
Vacancy
15.2%
Total Life Sciences Employment
61.1K
Life Sciences Employment 10-Year Change
19.4%
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New York
Fast Lab Stats
Market Square Footage
3.9 MSF
$ Per SF
$83.82
Vacancy
39.5%
Total Life Sciences Employment
86.8K
Life Sciences Employment 10-Year Change
12.4%
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Philadelphia
Fast Lab Stats
Market Square Footage
28.3 MSF
$ Per SF
$46.48
Vacancy
7.0%
Total Life Sciences Employment
49.7K
Life Sciences Employment 10-Year Change
17.7%
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Emerging Market
Raleigh-Durham
Fast Lab Stats
Market Square Footage
11.9 MSF
$ Per SF
$38.90
Vacancy
27.7%
Total Life Sciences Employment
38.3K
Life Sciences Employment 10-Year Change
48.8%
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San Diego
Fast Lab Stats
Market Square Footage
26.9 MSF
$ Per SF
$68.29
Vacancy
25.6%
Total Life Sciences Employment
45.0K
Life Sciences Employment 10-Year Change
22.1%
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San Francisco Bay Area
Fast Lab Stats
Market Square Footage
51.1 MSF
$ Per SF
$70.72
Vacancy
29.1%
Total Life Sciences Employment
113.7K
Life Sciences Employment 10-Year Change
46.1%
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Seattle
Fast Lab Stats
Market Square Footage
11.0 MSF
$ Per SF
$63.32
Vacancy
22.9%
Total Life Sciences Employment
25.1K
Life Sciences Employment 10-Year Change
99.0%
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Montreal
Fast Lab Stats
Total Life Sciences Employment
22.9K
Life Sciences Employment 10-Year Change
39.6%
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Suburban Maryland (I-270 Corridor)*
Fast Lab Stats
Market Square Footage
12.5 MSF
$ Per SF
$43.05
Vacancy
15.0%
Total Life Sciences Employment
43.1K
Life Sciences Employment 10-Year Change
28.4%
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Suburban Maryland (I-270 Corridor)
Toronto
Fast Lab Stats
Market Square Footage
8.3 MSF
Vacancy
0.3%
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Total Life Sciences Employment
32.2K
Life Sciences Employment 10-Year Change
37.5%
Vancouver
Fast Lab Stats
Market Square
Footage
3.2 MSF
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Vacancy
2.4%
Atlanta
Fast Lab Stats
Total Inventory
3.9 MSF
Proposed
1.7 MSF
Total Life Sciences Employment
9.3K
Life Sciences Employment 10-Year Change
72.4%
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Austin
Fast Lab Stats
Total Inventory
4.9 MSF
Under Construction
224,000 SF
Proposed
1.3 MSF
Total Life Sciences Employment
9.0K
Life Sciences Employment 10-Year Change
45.9%
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Austin
Dallas/Ft. Worth
Fast Lab Stats
Total Inventory
3.3 MSF
Under Construction
61.2K SF
Proposed
2.6 MSF
Total Life Sciences Employment
14.4K
Life Sciences Employment 10-Year Change
31.9%
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Dallas/Ft. Worth
Houston
Fast Lab Stats
Total Inventory
4.7 MSF
Under Construction
1.2 MSF
Proposed
1.0 MSF
Total Life Sciences Employment
27.8K
Life Sciences Employment 10-Year Change
82.5%
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Houston
Indianapolis
Fast Lab Stats
Total Inventory
13.8 MSF
Under Construction
0.1 MSF
Proposed
1.9 MSF
Total Life Sciences Employment
23.0K
Life Sciences Employment 10-Year Change
38.2%
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Indianapolis
Phoenix
Fast Lab Stats
Total Inventory
772K SF
Under Construction
0
Proposed
200K SF
Total Life Sciences Employment
10.1K
Life Sciences Employment 10-Year Change
46.7%
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Phoenix
Salt Lake City
Fast Lab Stats
Total Inventory
2.8 MSF
Under Construction
82K
Proposed
1.2 MSF
Total Life Sciences Employment
11.6K
Life Sciences Employment 10-Year Change
74.1%
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Salt Lake City
Costa Rica
Fast Lab Stats
Total Inventory
12.6 MSF
Under Construction
1.8 MSF
Proposed
12.6 MSF
Total Life Sciences Employment
60.0K
Life Sciences Employment 10-Year Growth Rate
248%
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Costa Rica
Atlanta
Belgium
Fast Lab Stats
Total Life Sciences Employment
317.4K
Research facilities/institutes
63
Life Science Companies
1,000
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Belgium
France: Paris
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France: Paris
Germany: Berlin
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Germany: Berlin
Germany: Munich
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Germany: Munich
Germany: Rhine-Neckar Region
Fast Lab Stats
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Germany: Rhine-Neckar Region
Italy: Milan
Fast Lab Stats
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Italy: Milan
Netherlands: Leiden
Fast Lab Stats
Sqm Office & Lab Stock
305,900
Vacancy
5.9%
Research Institutes
11
Average ERV Lab per sqm
Total Life Sciences Employment
25K
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Netherlands: Leiden
Spain: Barcelona
Fast Lab Stats
Total Life Sciences Employement*
75,379
1,500
Raised in funding by the startups and scaleups in 2024
347 M€
Research facilities/institutes
93
VIEW MARKET SUMMARY
Spain: Barcelona
UK: Cambridge
Fast Lab Stats
Market Square Footage
4.8 MSF
Vacancy
11.4%
Life Sciences Employment 10-Year Growth Rate
33.1%
£ per SF
£77.00
Total Life Sciences Employment
22.4K
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UK: Cambridge
UK: London
Fast Lab Stats
VIEW MARKET SUMMARY
UK: London
UK: Oxford
Fast Lab Stats
VIEW MARKET SUMMARY
UK: Oxford
Fast Lab Stats
Total Life Sciences Employment
32.5K
Life Sciences Emloyment Growth Rate
119%
Fast Lab Stats
Total Life Sciences Employment
37.9K
Research facilities/institutes
>40
Life Science Companies
715
Fast Lab Stats
Total Life Sciences Employment
33.4K
Research facilities/institutes
25
Life Science Companies
450
Americas
Primary Markets
Total Life Sciences Employment
70K
Research facilities/institutes
> 15
Life Science Companies
1,200
Total Italian Life Sciences export value
€50 BN +
Italy is among the world’s top 10 exporters of pharmaceutical / chemical-medicinal products
Top 10
€325
*excluding employment in health services
Life Sciences companies
Market Square Footage
1.6 MSF
Vacancy
41.7%
Life Sciences Employment 10-Year Change
131.3%
£ per SF
£140.00
Total Life Sciences Employment
9.2K
Market Square Footage
1.9 MSF
Lab Vacancy
15.4%
Life Sciences Employment 10-Year Change
76.9%
£ per SF
£70.00
Total Life Sciences Employment
18.0K
Emerging Markets
Europe
Primary Market
Europe Market
hub Markets
Market Square Footage
5.6 MSF
Availability Rate
6.5%
of the National GDP is generated by the Life Sciences industry
12%
2,249
Biotech and Pharma Companies
Chinese Mainland
Beijing
Shanghai
Suzhou
Beijing
Fast Lab Stats
Market Square Meters
2.3M
Venture Capital Raised in 2025
RMB 2.7B
Square Meters Completed Since 2024
625K
VIEW MARKET SUMMARY
Shanghai
Fast Lab Stats
Market Square Meters
8.7M
Venture Capital Raised in 2025
RMB 16.6B
Square Meters Completed Since 2024
792K
VIEW MARKET SUMMARY
Suzhou
Fast Lab Stats
Market Square Meters
4.5M
Venture Capital Raised in 2025
RMB 5.1B
Key Projects – Square Meters Completed Since 2024
581K
VIEW MARKET SUMMARY
Chinese Mainland Market
Total Life Sciences Employment
14.7K
Life Sciences Employment 10-Year Change
97.0%