Life Sciences Rallies In Q4, With Boost In Investment, New Premium Lab Space

A boost in Q4 venture capital funding for life sciences showed the sector rebounding after three quarters of decline, suggesting new momentum for startups and lab .
New Q4 data from found sector employment grew 4% year-over-year, asking rates for lab space increased to a record $62.16 per SF, and space under construction grew to 40.3M SF, up 7% from Q3. An increase in new, premium lab space is driving asking rates up. 
Matt Gardner, leader of CBRE's advisory life sciences practice, said in addition to the uptick in VC funding, there are numerous other leading indicators pointing toward a healthier…
Source: Life Sciences Rallies In Q4, With Boost In Investment, New Premium Lab Space