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Conversions from offices to life science labs booming

Posted On: Oct 22, 2021   |   Posted By: The Real Deal New York

While the office market grapples with the Delta variant, life science labs are enjoying a boom. In fact, many new labs are actually conversions from offices. The life science industry saw record investments in North America last year, bringing in $70 billion of capital investments. In six large industry markets, 20 percent of laboratory spaces being constructed are office conversions, the New York Times reported. Investors have put more than $10 billion into life science

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