Boston's laboratory real-estate market — the physical footprint of the city's signature industry — is showing its first tightening in two years, according to quarterly leasing reports. After a construction boom left the Seaport and Kendall Square with record empty lab space, absorption has begun to outpace new supply.
Why BEW is watching: lab vacancy is the single best real-time indicator of the local life-science economy, and it feeds directly into the housing and wage questions this magazine covers.
Sources & Further Reading
- Industry Commercial real-estate quarterly reports (verify and link before publishing)