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Vaccine Work Boosts Montgomery County Life Sciences Demand, Outpacing Available Space

By October 5, 2020News
Vaccine Work Boosts Montgomery County Life Sciences Demand Outpacing Available Space

Vaccine Work Boosts Montgomery County Life Sciences Demand Outpacing Available Space

The vaccine-related activity is creating more demand for lab space in an already tight market, further reducing vacancy rates and driving up rents. This dynamic is leading developers to consider breaking ground on spec and converting vacant office buildings to lab space, multiple experts said Thursday on Bisnow’s Life Science Surge webinar.

Image: Courtesy of HFF The GSK Global Vaccine Center in Rockville 

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