Greater Boston had the largest amount of real estate under renovation among the top research and development (R&D) and life science real estate markets in the United States in the first half of 2022. No real estate under renovation was reported for New Jersey or Houston in the same period. Great Boston also had the largest amount of life science real estate under construction in the same period.
Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022
(in million square feet)
Characteristic
Square footage under renovation in million square feet
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Newmark. (August 25, 2022). Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022 (in million square feet) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/
Newmark. "Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022 (in million square feet)." Chart. August 25, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/
Newmark. (2022). Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022 (in million square feet). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/
Newmark. "Average Square Footage under Renovation in The Largest R&d and Life Science Real Estate Markets in The United States in First Half of 2022 (in Million Square Feet)." Statista, Statista Inc., 25 Aug 2022, https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/
Newmark, Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022 (in million square feet) Statista, https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/ (last visited January 08, 2025)
Average square footage under renovation in the largest R&D and life science real estate markets in the United States in first half of 2022 (in million square feet) [Graph], Newmark, August 25, 2022. [Online]. Available: https://www.statista.com/statistics/1345330/square-footage-under-renovation-life-science-real-estate-usa/