The life sciences sector in Greater New England remains strong due to an innovative higher education environment. However, short-term headwinds are expected to persist until 2023, with a reversal in Q2-3 2024. To ensure success in these uncertain times, developers and investors must have the right expertise, insight, and knowledge.
Senior Vice President Christine Mosholder, discusses the recent Life Sciences development boom, including the latest trends, new build approaches, the evolution of the modern lab space, and the utilization of technology to make sure facilities meet today’s changing demands.
The life science sector continues an unprecedented boom, limiting the available space solutions for companies in the market and resulting in intense real estate competition. This boom can be measured not only by the increasing number of new companies, but also by the increasing size and changing type of the spaces they require.
