Thought Leaders: 2021 ends with the strongest U.S. Life Sciences market in history as market fundamentals strengthen in Q4
Figures | U.S. Life Sciences | Q4 2021 CBRE RESEARCH | FEBRUARY 2022 ⇑ 172.5 MSF Inventory ⇓ 4.8% Vacancy ⇑ $67.05 Avg. Asking Rent (NNN) ⇑ 31.6 MSF Under Construction Note: Arrows indicate change from previous quarter. • U.S. life sciences employment climbed in Q4 2021, with biotech R&D increasing 2.0% quarter over quarter. Year-over-year growth in biotech […]
Thought Leaders: 2021 Year End Healthcare and Life Sciences Real Estate Report
THE AGE OF LIFE SCIENCE Driven in part by the COVID-19 pandemic, demand continues to outpace supply. In the third quarter of 2021 alone, US life science companies were looking for 24 million square feet of new real estate according to research by CBRE. Furthermore, the same research states that only 21 million square feet of spec lab space is […]
News Releases: Montecito Medical Acquires Medical Office Property in Vidalia, LA
Riverfront Medical Center expands company’s footprint in state FOR IMMEDIATE RELEASE February 24, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Riverpark Medical Center in Vidalia, Louisiana. The 44,500 square-foot, multi-tenant building is 100% leased. “With the exception of overnight hospital beds and an emergency […]
