Login
Exclusive

Cambridge’s 850,000-Square-Foot Labs Gap To Fuel Further Rental Growth

Take-up Strongest in Seven Years as Occupiers Act Quickly on New Completions
Lab rents are expected to rise by 5% in 2024. (Getty Images)
Lab rents are expected to rise by 5% in 2024. (Getty Images)
CoStar News
February 2, 2024 | 9:05 AM

There is a 850,000-square-foot shortfall of lab space in Cambridge, according to analysis by property consultancy Bidwells, with a lack of life sciences accommodation contributing to a 22% hike in local rents last year.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE