Any real estate decision made today will have real-world implications for years to come, so it’s imperative that companies get it right and meet the demand for prescription drugs, personalized medicine, gene therapies, and other emerging solutions.
With companies offering to rent to the lab supplies that life sciences companies need, it is possible to convert conventional office spaces to meet research needs. But those transitions aren’t easy. Just building walls and putting in a lab bench won’t do the trick.
The Pegasus Park office campus is the future landing site for life sciences firm BioLabs’ central U.S. hub. To date, CoStar Group has identified 188 sites in Dallas-Fort Worth dedicated to life sciences tenants, with over 15,000 employees.