fundamentals of laboratory planning
Global Real Estate Giant CBRE’s April 2022 Life Sciences Report summarizes the enormous demand in the market impacting the need for laboratory, research, and clinical space. The report indicates that under-construction projects in the top 12 U.S. life sciences markets increased by 44% in 2021. New construction increased by nearly 42% with laboratory and research & development conversions growth at 49%.
The life sciences market growth and current market challenges demonstrates both the need for and the importance of comprehensive laboratory planning. Speed to market, cost, growth, and flexibility for the future all underscore the value of investing in a well-thought-out laboratory plan.
