
Lab Space Just Posted Its Biggest Absorption Turn in a Decade
Vacancy is still ugly, but availability is falling and demand is surging.
CRE 360 Signal editorial tag

Vacancy is still ugly, but availability is falling and demand is surging.

AdvanCell's 128K SF Andover lease is a bet on U.S. drug production, not just lab space.

Availability is contracting for the first time in years, and the recovery is splitting by quality and metro.

Roughly three-quarters of 2025's new life sciences supply is still sitting empty.

Alexandria's Q1 print broke the "life sciences bottoming" thesis in a single line on the earnings call.
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