San Francisco’s life science real estate market has rebounded in the first months of 2025. An upturn in leasing activity, combined with a slowdown in the construction pipeline, has stemmed the sector’s rising vacancy rate, resulting in the highest level of positive net absorption of the past five years.
Growth returns to San Francisco’s life science sector
Fewer deliveries and large biotech move-ins drive recovery for R&D
By Nigel Hughes
CoStar Analytics
May 6, 2025 | 5:03 P.M.
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