Market Summaries
Boston
Hub Market
Boston
Fast Lab Stats
51.1 MSF
Market Square Footage
$ Per SF
$78.79
Vacancy
34.9%
Total Life Sciences Employment
101.9K
Life Sciences Employment 10-Year Change
81.3%
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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
8.4 MSF
$ Per SF
$54.13
Vacancy
18.7%
Total Life Sciences Employment
40.8K
Life Sciences Employment 10-Year Change
6.0%
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Denver
Fast Lab Stats
Market Square Footage
6.5 MSF
$ Per SF
$30.68
Vacancy
16.0%
Total Life Sciences Employment
17.5K
Life Sciences Employment 10-Year Change
35.6%
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Los Angeles & Orange County
Fast Lab Stats
Market Square Footage
8.6 MSF
$ Per SF
$33.32
Vacancy
3.6%
Total Life Sciences Employment
44.8K
Life Sciences Employment 10-Year Change
13.8%
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New Jersey
Fast Lab Stats
Market Square Footage
20.0 MSF
$ Per SF
$38.66
Vacancy
19.9%
Total Life Sciences Employment
60.2K
Life Sciences Employment 10-Year Change
17.7%
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New York
Fast Lab Stats
Market Square Footage
3.9 MSF
$ Per SF
$82.88
Vacancy
39.6%
Total Life Sciences Employment
87.9K
Life Sciences Employment 10-Year Change
13.8%
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Philadelphia
Fast Lab Stats
Market Square Footage
28.8 MSF
$ Per SF
$46.29
Vacancy
7.7%
Total Life Sciences Employment
49.1K
Life Sciences Employment 10-Year Change
16.2%
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Emerging Market
Raleigh-Durham
Fast Lab Stats
Market Square Footage
11.7 MSF
$ Per SF
$38.57
Vacancy
27.8%
Total Life Sciences Employment
36.3K
Life Sciences Employment 10-Year Change
41.4%
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San Diego
Fast Lab Stats
Market Square Footage
26.6 MSF
$ Per SF
$67.09
Vacancy
26.9%
Total Life Sciences Employment
42.7K
Life Sciences Employment 10-Year Change
16%
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San Francisco Bay Area
Fast Lab Stats
Market Square Footage
49.9 MSF
$ Per SF
$66.26
Vacancy
29.0%
Total Life Sciences Employment
104.4K
Life Sciences Employment 10-Year Change
34.1%
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Seattle
Fast Lab Stats
Market Square Footage
11.3 MSF
$ Per SF
$61.34
Vacancy
22.6%
Total Life Sciences Employment
23.4K
Life Sciences Employment 10-Year Change
84.9%
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Montreal
Fast Lab Stats
Total Life Sciences Employment
25.6K
Life Sciences Employment 10-Year Change
41.9%
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Suburban Maryland (I-270 Corridor)*
Fast Lab Stats
Market Square Footage
12.6 MSF
$ Per SF
$42.74
Vacancy
17.8%
Total Life Sciences Employment
41.2K
Life Sciences Employment 10-Year Change
22.9%
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Suburban Maryland (I-270 Corridor)
Toronto
Fast Lab Stats
Market Square Footage
8.3 MSF
Vacancy
0.0%
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Total Life Sciences Employment
39.5K
Life Sciences Employment 10-Year Change
32.9%
Vancouver
Fast Lab Stats
Market Square
Footage
3.2 MSF
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Vacancy
9.1%
Atlanta
Fast Lab Stats
Total Inventory
3.7 MSF
Proposed
1.6 MSF
Total Life Sciences Employment
8.7K
Life Sciences Employment 10-Year Change
59.8%
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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
8.8K
Life Sciences Employment 10-Year Change
43.5%
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Austin
Dallas/Ft. Worth
Fast Lab Stats
Total Inventory
3.3 MSF
Under Construction
46.0K SF
Proposed
0 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
4.8 MSF
Under Construction
1.7 MSF
Proposed
2.7 MSF
Total Life Sciences Employment
27.8K
Life Sciences Employment 10-Year Change
82.1%
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Houston
Indianapolis
Fast Lab Stats
Total Inventory
13.8 MSF
Under Construction
0.2 MSF
Proposed
2.0 MSF
Total Life Sciences Employment
23.6K
Life Sciences Employment 10-Year Change
39.2%
VIEW MARKET SUMMARY
Indianapolis
Phoenix
Fast Lab Stats
Total Inventory
772K SF
Under Construction
0.0 SF
Proposed
200K SF
Total Life Sciences Employment
8.9K
Life Sciences Employment 10-Year Change
29.2%
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Phoenix
Salt Lake City
Fast Lab Stats
Total Inventory
3.0 MSF
Under Construction
85K
Proposed
164K SF
Total Life Sciences Employment
10.9K
Life Sciences Employment 10-Year Change
64.6%
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Salt Lake City
Costa Rica
Fast Lab Stats
Total Inventory
13.1 MSF
Under Construction
1.6 MSF
Proposed
11.1 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
Employment in Pharmaceutical Industry ‘24
44.7K
Biotech Companies
600+
In annual R&D in pharma and chemical companies ‘25
€7B
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Belgium
France: Paris
VIEW MARKET SUMMARY
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
VIEW MARKET SUMMARY
Germany: Rhine-Neckar Region
Italy: Milan
Fast Lab Stats
VIEW MARKET SUMMARY
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*
84,781
1,650
Raised in funding by the startups and scaleups in 2024
517M €
Research facilities/institutes
94
VIEW MARKET SUMMARY
Spain: Barcelona
UK: Cambridge
Fast Lab Stats
Market Square Footage
4.9 MSF
Vacancy
21.9%
Life Sciences Employment 10-Year Growth Rate
22.7%
£ per SF
£77.00
Total Life Sciences Employment
20.1K
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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
Paris Life Sciences Employment
68K
France Life Sciences Employment
200K
Fast Lab Stats
Total Life Sciences Employment
38.1K
Life Science Companies
721
Research Facilities / Institutes
>40
Fast Lab Stats
Total Life Sciences Employment
33.4K
Life Science Companies
450
Research Facilities / Institutes
25
Americas
Primary Markets
Total Life Sciences Employment
70K
Research facilities/institutes
1,200
Research Facilities / Institutes
>15
Total Italian Life Sciences export value
€69B +
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
2.0 MSF
Vacancy
47.4%
Life Sciences Employment 10-Year Change
100.4%
£ per SF
£140.00
Total Life Sciences Employment
7.8K
Market Square Footage
2.2 MSF
Lab Vacancy
29.7%
Life Sciences Employment 10-Year Change
91.9%
£ per SF
£70.00
Total Life Sciences Employment
15.0K
Emerging Markets
Europe and Middle East
Primary Market
Europe and Middle East Market
hub Markets
Market Square Footage
5.6 MSF
Availability Rate
6.5%
Life Science companies operating in Milan area
1,450
2,600
Biotech and Pharma companies
Chinese Mainland
Beijing
Shanghai
Suzhou
Beijing
Fast Lab Stats
Market Square Meters
2.4M
Venture Capital Raised in 2026
$662.9M
Square Meters Completed Since 2024
505,200
VIEW MARKET SUMMARY
Shanghai
Fast Lab Stats
Market Square Meters
3.6M
Venture Capital Raised in 2026
$1.7B
Key Projects – Square Meters Completed Since 2025
379,600
VIEW MARKET SUMMARY
Suzhou
Fast Lab Stats
Market Square Meters
4.5M
Venture Capital Raised in 2026
$461.6M
Key Projects – Square Meters Completed Since 2025
395,000
VIEW MARKET SUMMARY
Chinese Mainland Market
Total Life Sciences Employment
16.7K
Life Sciences Employment 10-Year Change
90.2%
Israel
Fast Lab Stats
Total Life Sciences Employment
81K
Research facilities/institutes
1,800
Research Facilities / Institutes
15+
VIEW MARKET SUMMARY
Israel