The fast-growing life sciences market is attracting new players from all corners of the commercial real estate sector, but a biologics CRE veteran warns that they need to understand the nuances and history of the industry before they dive in.
Revenues and investments in the life sciences sector have nearly doubled since 2020 even as many other industries struggled during the pandemic. JLL has forecast that biologics industry sales will continue to grow by more than 10% annually through 2026, driven by the development of vaccines and personalized medicine.
Image: Unsplash/Julia Koblitz
