With the emergence of greater demand for advances in medicine and healthcare, the top innovation clusters of Boston-Cambridge, San Francisco, New York City, New Jersey, and Philadelphia have experienced increased funding levels from diverse sectors in recent years. This increase in funding is likely to continue into the near- and long-term future. The blending of technology and life science has broadened investment and emboldened entrepreneurs and developers. This rapid influx of new tenants into commercial real estate markets has brought with it a need for understanding the challenges of life science occupancies in CRE.

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