Boston, San Francisco, New York, and San Diego rank as the top life sciences markets in the US, according to a new Yardi CommercialEdge report, which weighed the amount of space devoted to the asset class, the pipeline, and the potential local hiring pool.

Given advances in medical research and technology, life sciences industries are experiencing demand "like never before," CommercialEdge said, and "they also fuel the necessity for well-educated R&D talent, world-class facilities, and a supportive economy."

Looking at 2018 through 2022, half of the markets in the Yardi CommercialEdge research saw double-digit percentage growth in the number of local life sciences establishments during the five years.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.