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Average square footage rent in the largest R&D and life science real estate markets in the United States in first half of 2023 (in U.S. dollars)

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Source

Release date

October 2023

Region

United States

Survey time period

H1 2023

Supplementary notes

* Figures calculated by ÌÇÐÄÆƽâ°æ based on data provided .Ìý

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Average rent of the largest R&D and life science real estate markets in the U.S. 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 14, 2023

The average rent per square foot in the largest research and development (R&D) and life science real estate markets in the United States varied greatly in the first half of 2023. New York City, Chicago, and San Francisco Bay Area were the most expensive markets to rent life science real estate in the first half of 2023. On average, a square foot of life science real estate cost about U.S. dollars to buy in the same period.

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