Specialized Labor, Tenant Demand Fuel Growth of Boston’s Life Sciences Market
By Brendan Carroll, research director, Cushman & WakefieldThrough the first three quarters of 2020, the Boston life sciences market is seeing record occupancy, a continuation of large new-building leases, stable rents at record levels, high levels of pre-committed new construction and an insatiable appetite for inventory in new submarket clusters.Cushman & Wakefield defines laboratory properties as facilities optimized for the physical scientific research of biotechnology …