Colliers Quick Hits | April 25, 2022 Investors poured record venture capital (VC) funding into the life science industry in 2021, shattering growth records. IPO numbers were off the charts, NIH grants increased, and unprecedented demand was the new paradigm for life...
• Medical office building (MOB) vacancy fell 10 basis points in 2021, while Office vacancy rose 160 basis points. • An increase in absorption and slowing deliveries drove the improvement in fundamentals. • Average net asking rents rose 1.7% in 2021, to a new...
Seven factors play into Philadelphia’s future as a life science hub. Companies like Spark and Roche are moving into the area to take advantage of human capital in the area. Additionally, demand for specialized facilities is higher than ever as new gene therapy...
