Released April 30, 2021 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has demonstrated the scarcity of laboratory space in North America.
"Rents are rising for lab space, vacancies are plunging, and research and development, employment and new development are expanding further, thanks to strong venture capital investment," according to CNBC.
More developers are converting or constructing buildings to accommodate laboratories as the demand has risen. Industrial Info is tracking $1.78 billion worth of projects by Alexandria Real Estate and $800 million worth of projects by BioMed Realty Trust Incorporated, two of the top players in providing laboratory space.
If you are a subscriber to Industrial Info's Global Market Intelligence (GMI) Pharma-Biotech Database, click here for a list of these companies' projects.
Click on the image at right for a heat map showing the project activity of these two companies.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
"Rents are rising for lab space, vacancies are plunging, and research and development, employment and new development are expanding further, thanks to strong venture capital investment," according to CNBC.
More developers are converting or constructing buildings to accommodate laboratories as the demand has risen. Industrial Info is tracking $1.78 billion worth of projects by Alexandria Real Estate and $800 million worth of projects by BioMed Realty Trust Incorporated, two of the top players in providing laboratory space.
If you are a subscriber to Industrial Info's Global Market Intelligence (GMI) Pharma-Biotech Database, click here for a list of these companies' projects.Click on the image at right for a heat map showing the project activity of these two companies.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
