From 2009 to the end of 2019, lab space in the United States grew from 17 million to 29 million square feet.
Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.
Nearly 75 historic properties have been converted into apartment buildings since the 1560s in Los Angeles, ranking the market third in the country.
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