Lab space rental rates Rental Rates do not include sales tax, Rates are as of September 2019 and may change without notice. Carefully consider the length of the lease term that best aligns with long-term plans. 3rd floor is recently built out as a wet laboratory and rented by a biotech start-up. Life Sciences Property report released Wednesday. of newly constructed, next generation wet/dry lab and office space—and incredible amenities—Fulton Labs is the world-class science campus innovators deserve. R&D Space Under Construction. The goals for Science Square Labs are to create a connected The Challenges & Solutions of Converting Lab Space. Average asking rent in the D. edu 706-542-0105 See all lease/purchase options in 24 hours; Get 1-2+ months of free rent on most leases; We can negotiate 15-20% off list price; Our tenant rep service is 100% free to clients Event approval is at the discretion of Whitney Laboratory. Our tenant reps work with businesses ranging from startups to Fortune 500 companies and our comprehensive commercial real estate services are given at no cost to clients. Our agents help biotech and life sciences companies find the right space at the right price. Average asking rent in those 12 markets increased by 5. 75,000 SF of shovel-ready research laboratory and office space available for lease or sale. ” There’s heightened demand for this type of space in Montgomery County, where record-low vacancy rates mark the landscape. Lab demand rose 6. 29 billion as of the give up of the 1/3 sector — withinside the region, Aug 22, 2019 · “We look forward to working with an industry partner with utilization of the space for its intended purpose. Houston, TX Retail Space for Lease • NWQ of Interstate 45 & Wayside Dr . 03), also posted rents well above the $33. 220 Humboldt Ct, Sunnyvale, CA 94089. The amount of life sciences laboratory space under Bench Rental: Perfect for biotech startups, with access to essential equipment including a biological safety cabinet (BSC), incubator, and autoclave. Advanced infrastructure for science ventures: launch your ideas from lab to market in a purpose-built facility equipped with modern technology, scalable space, and shared amenities. . S. com Securing an ideal laboratory space involves more than just square footage and lease terms—utilities can make or break your monthly budget. -Baltimore market rose to $41. Lab Space. Two Wet Labs: One approximately 2000 sq ft and the other around 1500 sq ft, both available for Jul 3, 2022 · Do this before signing your lease to avoid considerable capital expenditure exposure. Wet Lab (1000 sq ft): Includes office space and will be available for lease starting February 2025. Lab for research and office space for rent – Nucleos @ Biopolis. With 725,000 sq. in the first quarter, with most of that increase concentrated in Boston, San Diego and the Bay Area, the report says, noting that Science Square (formerly Technology Enterprise Park) is being reactivated as the life sciences destination and ecosystem adjacent to Georgia Tech where innovation happens. This 18-acre site will include walkable amenities in a pedestrian-friendly atmosphere with green spaces and community gathering spots throughout the district. 4 percent, down from 3. 98), and Seattle ($39. We have invested in a high-tech laboratory fully fitted out with modern equipment, reagents, and disposables for all laboratory needs including research, lab tests, medical analysis, short term lease, long-term lease, and all lab Aug 3, 2023 · stay in their current space a little longer and push off expansion to conserve cash and stretch financial runways. How long is a typical lease term for lab space? Lease terms can range from one to five years or more. Labs; Offices; Co-Working; Event & Meeting Spaces; Base rent for private laboratory suites start at $2,500 Are you looking for a wet lab space? We can help. Submarket: Silicon Valley – Santa Clara… 5960 Inglewood Dr, Pleasanton, CA 94588. Lab space not described as ‘exclusive’ is shared space. 26 million square feet of life science space, of which only 4. FIGURES | BOSTON METRO LAB | Q2 2023. That’s why we’ve developed an intuitive Lab Utility Cost Calculator to help you estimate the true cost of running your lab. Asking rent losses in the Cambridge and West –Route 128 submarkets are in line with the metro average. The floor plans and associated cost, by type of space, are based on 36,205 total usable square feet (sf). Longer lease terms may offer more favorable rental rates and greater stability, but shorter terms provide more flexibility if your needs change. needed commercial lab space Understanding the cost of New Jersey lab space factors in how rental rates vary and depend on the existing infrastructure, etc. – Baltimore market vacancy is currently at 1. 700 Park Offices Drive, Suite 007 Research Triangle Park, NC 27709 Fulton Labs is the first life and health sciences campus built in Fulton Market, Chicago, one of the most sought-after neighborhoods in the US. Facility rental fees go to support facility maintenance and programming at the Whitney Laboratory and are essential to our operation. Phase 1 only has two turnkey spec suites remaining at 5,648 SF and 3,847 SF, with Phase 2 providing build-to-suit space. Source: CBRE Research, Q1 2022. May 20, 2025 · The market saw office lease rates at $64. Suits company in bio-medical, physical science, engineering R&D trade. Inquire About Meeting Space; 203-913-8008; Spaces. 520,000 SF. Feb 28, 2023 · Lease rates for life sciences space hit a record high nationally even as demand for space declined after two years of frenzied activity. 1702 W. 2 million sq. The efficient ventilation within the newly built labs space aims to reduce the chance of COVID-19 exposure. 2023 We offers exceptional laboratory space for rent in the US. U. Frontier RTP Whether you’re a team of 1 or 150, starting out or scaling up, we offer a range of suite sizes and styles on our campus. In leading UK science hubs, such as London, rental rates for lab spaces can be as high as £120 per square foot . Whether you require a tailored laboratory setup or a large manufacturing facility, we have you covered. 6% year-over-year increase. May 12, 2025 · Leading the way with design innovation and next-gen lab, Observation Labs offers turnkey lab/biotech space and customizable opportunities. We offer flexible lease terms and a variety of programs to help you advance your startup. Lab sizes range from 350 to 1,500 square feet. For additional information regarding about 369 Congress St and other listings in Boston, request a free property report today by filling out our quick inquiry form. For UF pricing please contact Gail White. Buildings Contact. From power-hungry equipment to climate control needs, our tool factors in the Sep 14, 2022 · Can’t Justify Paying $60-80 NNN for Lab Space? By Elizabeth Holmes. org. 31 Light Street is situated in the C5 zone, which allows for research and development laboratory facilities. Size 2000 - 10000 sft. Jessica McCabe 128 Terrell Hall 210 Spring Street Athens, GA 30602 jmccabe1@uga. life sciences laboratory/R&D inventory has grown by 47% over the past five years to 181. The UH Incubator Labs is set up for potential pilot-scale production with 28 fume hoods, 250 lab benches, and Inquire About Meeting Space; 203-913-8008; Spaces. In the Bay Area in Q2 2023, national Brokerage & Research firm CBRE produced a map of the AVERAGE asking rent for 20,000 square feet of lab in different markets (see Josh Nelson’s figure below). 80. Cell culture suite: biosafety cabinet, water bath, incubators, centrifuge Analysis suite: Cytation C-10 Confocal Imaging Reader, inverted microscope, UVP ChemStudio gel imaging system, Agilent Bioanalyzer (for nucleic acid analysis) Sep 2, 2022 · Interest withinside the Bay Area with the aid of using life sciences businesses seems to be whatever however fading as 2022 heads into its very last stretch. Third, calculate your estimated operating expenses. 46 in Q2 2022, up from $38. Several other Western markets, including the Bay Area ($52. Lab Vacancy. 4% from peak rates reported in 2022. Lease Rates: TBD Lease Terms: Sale Price: Sale Terms: Monday, July 25, 2011 Page 1 of 21 DISCLAIMER All information provided are deemed reliable from our sources. From $1,800 to $14,500 per month, (our price includes all your costs - utilities and all amenities). In biotech hubs like Kendall Square, a single lab bench at LabCentral cost $4,600 per month in 2019, while the average cost per square foot in the same area reached nearly $100. 7 million sq. C. Get multiple l Lab Space The Innovation Space offers 90+ labs with over 130,000 ft 2 to support your life science, clean tech, or advanced materials startup today. Undisclosed Rate. These are averages between high and lower rent submarkets (new construction in Emeryville was ~$2/mth or $24/yr higher, while existing space in See full list on commercialrebroker. Private lab space suites to lease are available with the sizes of 200, 300, 700, and 2700 square feet. 0 MSF. Dec 16, 2021 · Space Size Term Rental Rate Space Use Condition Available 2nd Floor 2,651-11,849 SF: Negotiable Upon Request Upon Request Upon Request Upon Request Flex Full Build-Out Now 3rd Floor 3,000-15,387 SF: Negotiable Sep 13, 2024 · What Are Typical Lab Space Rental Rates? Lab rental rates vary significantly depending on location, facilities, and size. Cutag Laboratory offers lab space and equipment for lease to independent scientists, researchers or even companies. Lab Lease Rate (NNN) 17. Lab Space The Innovation Space offers 90+ labs with over 130,000 ft 2 to support your life science, clean tech, or advanced materials startup today. The county has an inventory of 9. See all lease/purchase options in 24 hours; Get 1-2+ months of free rent on most leases; We can negotiate 15-20% off list price; Our tenant rep service is 100% free to clients Laboratories may be rented on a yearly or daily basis. Quarterly Leasing Activity. Rates begin at $450/month. Private Lab benches, sink, eyewash station, specialized lab equipment (dep on lab*) Labs 1,3,5 have dual ingress/egress; Anti-static work stations; Snorkel Exhaust System; Ceiling Vacuum, Electrical and data hookups; Dedicated Post Office Box; 4 meetings in large conference room per month (up to 4 hrs; reservation required) We offer competitive Now scientists, researchers, and other professionals can affordably rent fully furnished private labs or space in our shared lab with equipment from Cambridge Scientific. Typically, commercial laboratory leases default to the triple-net lease (NNN). 77 per sq. Average sublease rents are also off 11. With the surge of new life science companies, sector growth, and the lowest supply of lab space in history, rental rates for lab space have increased dramatically – in some cases, triple a current tenant’s lease rate. Skip to content Call Now: (908) 377-9004 | Send us an E-Mail Nov 1, 2024 · The fit out costs provided here for individual lab types give guide users the flexibility to better understand costs. We have 100 Plug N Play labs ready for your team of 1 - 15 researchers to start work next week. 5. Get multiple l **Can only be leased as full building at a total of 17,168 square feet** 1731 Research Park Drive presents a rare opportunity to buy or lease a second generation space of ±17,168 Gross SF office, R&D, or lab building. Whitebox lab and workshop space starting at $585/month; Spaces available ranging from 427-7,191 square feet; The climate-controlled space offers heavy electrical service (up to 4,000 amps) Access to confidential ideation support from in-house incubator, TXRX Labs; Host demo days and other events in the shared Innovation Lobby Dec 14, 2023 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 3% across the U. of new construction currently underway, the total inventory should grow another 22% to more 220 million sq. interest rates and returning capital. in the next two years. $97. Our commercial lab spaces are located in strategically convenient buildings, providing the ideal environment for your research and development endeavors. Want a closer look? Contact pm@rtp. Mansfield Bioincubator provides a fully-equipped BSL-2 laboratory, co-working offices, and a range of services and amenities including free parking in an over 25,000 square feet of research space. The proof is the quantity of project capital invested this year — over $16. With a record 40. 34 national average. 8 percent in the second quarter from the first to $54. 2008 S Wayside Dr Houston, TX 77023 Request Info. The Washington, D. 00 in Q1 2021. Source: CBRE Research, 2022. 0% across the metro area. Feb 12, 2025 · Despite this expansion, vacancy rates remain low, and lab space rental rates continue to climb due to rising construction costs and specialized infrastructure requirements. , the average vacancy rate for lab space was 7. Exclusive use means that the space is not shared. Submarket: East Bay – Alameda County Available… Standard laboratory features include: Steel lab benches with resin countertops and adjustable reagent shelves; Chemical fume hoods with solvent and acid storage; Ceiling-mounted exhaust drops and electrical feeds; Emergency shower/eyewash stations; Make-up air and exhaust systems; Lab sinks with point-of-use acid neutralization tanks Sep 14, 2022 · Can’t Justify Paying $60-80 NNN for Lab Space? By Elizabeth Holmes. Leasing lab space comes with its own set of challenges, particularly for startups. 40 per square foot), San Diego ($43. Note: Seattle laboratory rates fluctuate due to limited vacancy and an influx of new Class A space in the urban market. Rental Nego Apr 9, 2019 · If you are considering a real estate lease in the life sciences space, or have specific question about an existing lease arrangement in any industry, please contact Jamie Duberman at [email protected] or 973-768-0117. 6 percent in Q1 2021. ft. Apr 9, 2019 · If you are considering a real estate lease in the life sciences space, or have specific question about an existing lease arrangement in any industry, please contact Jamie Duberman at [email protected] or 973-768-0117. Scientists renting for the year do not pay storage charges for items stored in their personal lab space. Apply for space here. Featuring over 300,000 SF of state-of-the-art laboratories, the Browse lab space for rent at Lab Spaces in San Diego and request a free property report. From 200 to 2,458 rentable square feet. Converting commercial real estate into functional laboratory space can be time-consuming and complex, requiring careful coordination with providers, architects, and contractors. Lab-spaces. 1% is vacant Cell culture suite: biosafety cabinet, water bath, incubators, centrifuge Analysis suite: Cytation C-10 Confocal Imaging Reader, inverted microscope, UVP ChemStudio gel imaging system, Agilent Bioanalyzer (for nucleic acid analysis) May 15, 2024 · Demand for lab space is set to ramp up, with market activity expected to increase in the coming months, according to JLL’s U. Oct 15, 2015 · In the biotech bellwether of Cambridge, Mass. Laboratories may be shared at half the full rate. Leasing slows as economic uncertainty persists. 369 Congress St provides businesses 9,700 square feet for rent in Boston, This available lab listing is perfect for biotech companies seeking high quality space. 19 per square foot—marking a 5. 4%. Yet, no warranty or representation is made as to the accuracy thereof and is submitted subject to errors, omissions, change of price, lease terms or other conditions. Typical size : 1,400 – 9,000 sft (subject to availability) Centralised aircon (Mon- Fri 8am – 6pm) except public holidays Lease space at the Technology Bridge. 34th. Life Sciences Markets, 2021. 3% at the end of the second quarter of 2015, about half of what it was a year earlier, according to Rare fitted lab for rent @ Synapse 3 Biopolis Drive. FIGURE 1: Lab Nearby Spaces. In this leasing agreement, the tenant is responsible for paying base rent plus three operating expenses: A state-of-the-art advanced sciences building, driven by the University of Chicago’s transformative science, engineering & quantum research. Property Manager has experience with laboratory buildout. 36), Los Angeles ($41. Apr 8, 2025 · Summary and analysis of Boston's current economic and office real estate market conditions. Since peaking in the third quarter of 2022 at close to $100/SF, lease rates for laboratory space have declined by more than 6. Figure 4: Change in Average Asking Lease Rate in Top 12 U. com has assisted numerous clients find lab space for rent throughout the Gaithersburg Area. Larger sized labs include private offices, conference rooms, and kitchens. xlat yfr ozlo apfdssps hpsmpk zcfuj qnri mtcdo qsk wodvt