Source: Jason Parker, WRAL TECHWIRE, 1/6/22

 Nationwide, the vacancy rate for existing life science lab and research and development spaces has reached a record low, 4.9%, and average asking lease prices have jumped 7.5% between March and September 2021 in the top 12 markets for life sciences, a new report from CBRE says. Raleigh-Durham appears on CBRE’s list of the top 12 markets for life science space, and the report notes that demand continues to be high in the region.

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