Greater Boston had the largest amount of real estate under construction among the top U.S. research and development and life science real estate markets. In the first half of 2023, approximately 11.4 million square feet of R&D life science real estate was under construction. San Francisco Bay Area followed shortly, with 8.1 million square feet under construction during the same period.
Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023
(in million square feet)
Characteristic
Square footage under construction in million square feet
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Newmark. (October 3, 2023). Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023 (in million square feet) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/
Newmark. "Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023 (in million square feet)." Chart. October 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/
Newmark. (2023). Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023 (in million square feet). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/
Newmark. "Average Square Footage under Construction in The Largest R&d and Life Science Real Estate Markets in The United States in First Half of 2023 (in Million Square Feet)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/
Newmark, Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023 (in million square feet) Statista, https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/ (last visited July 22, 2024)
Average square footage under construction in the largest R&D and life science real estate markets in the United States in first half of 2023 (in million square feet) [Graph], Newmark, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1345286/square-footage-under-construction-life-science-real-estate-usa/