Developers Race to Increase U.S. Laboratory Space

SUGAR LAND--April 30, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has demonstrated the scarcity of laboratory space in North America. More developers are converting or constructing buildings to accommodate laboratories as the demand has risen. Industrial Info is currently tracking $1.58 billion worth of Alexandria Real Estate projects and $800 million worth of BioMed Realty Trust Incorporated projects, two of the top players in providing laboratory space.