Posts by Craig Knox

Developers Race to Meet Demand as Lab Space Vacancies Evaporate

, on August 05, 2015

BioMed Realty's i3 life science campus

The life science industry in San Diego is smoking hot, to the point that we are now seeing a near-shortage of available lab space in the region. Huge injections of capital from private investors, along with a wide-open window for life science IPOs, have left biotech, medical device and diagnostics companies flush with cash. These companies are snapping up wet lab / research space at an unprecedented rate, and developers are responding in force with nearly a million square feet of new space set to come online in the next 1-2 years.

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Craig Knox

Craig Knox is a senior vice president of Hughes Marino, an award-winning commercial real estate company specializing in tenant representation and building purchases with offices across the nation. Contact Craig at 1-844-662-6635 or craig@hughesmarino.com to learn more.

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