JLL Releases 2021 Life Sciences Real Estate Outlook – Pharmaceutical Executive

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Coupled with broader migration trends happening in the US, new upstart locations become increasingly attractive for investors, developers, tenants, and landlords.

JLL Life Sciences has released its 2021 Life Sciences Real Estate Outlook, which aims to identify the fundamental industry trends driving demand for lab space now and into the future. As core cluster markets generate outsized demand, industry growth and productivity are also being driven by the adoption of new technologies and rapid advancements in innovation.

The life sciences sector is attracting real estate capital from around the globe, with investors targeting legacy markets where industry clusters are strongest and where a density of lab properties already exist. But, strong buyer competition in key clusters, coupled with emerging growth in secondary markets, is driving investment and development activity beyond the traditional geographies.

Read more about the full report here.

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