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BioWorld - Sunday, May 17, 2026
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Home » Major biotech hubs thriving despite rising costs of real estate
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Major biotech hubs thriving despite rising costs of real estate

Aug. 3, 2015
By Peter Winter
Laboratory space is at a premium in popular and thriving biotech hubs such as Boston, Raleigh-Durham, San Francisco and San Diego. The high demand for limited laboratory space in these regions is driving up rental costs significantly. Factor in increasing salaries that are needed to attract and retain highly trained talent and these forces are contributing to biopharmaceutical companies looking to set up shop in suburban market locations where space is readily available or can be constructed, while still providing proximity to talent and resources.
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