AI-Powered Biotech Firms Might Fill The Lab Glut. Luring Them Will Be Expensive

Barchart·12/22/2025 03:04:18

A glut of space paired with a lack of demand has plagued the life sciences real estate market, and developers are banking on the rise of artificial intelligence to be their cure.  New technologies are having a structural impact on the way research is conducted, and that’s consequentially changing tenants’ real estate needs. But attracting companies using AI isn’t as simple as having space available for move-in, experts said at Bisnow’s New York Life Sciences & Biotech Summit this month.