The work-from-home "hurricane," as Land & Buildings describes it, is blowing through more than traditional office space.

Jonathan Litt, chief investment officer, Land & Buildings, an activist investor, said the lab sciences sector is also suffering to a comparable degree with traditional office space in a recent interview on CNBC regarding his report.

He said many are saying that office is dead, but some felt that lab office buildings were an anomaly, a haven for investors, insulated from work-from-home.

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