Life science includes many specialties in medical fields such as biotechnology, pharmaceuticals, environmental and biomedical devices, therapeutics, and biomedical technologies. The commercial real estate needs of these companies are similarly varied and complex. While start-ups usually seek small generic lab space, more established enterprises typically require large build-to-suit spaces for state-of-the-art production and quality control facilities. Similarly diverse are life sciences landlords, who range in size from large real estate investment trusts (REITs) and real estate developers to smaller building owners that are hoping to reposition their buildings into lab space.

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