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AI Tenants Pull Bay Area Lab Market Off the Bottom Even as Vacancy Climbs to 29%

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microscopes in a lab
Photo by Ousa Chea on Unsplash
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The Bay Area has emerged as one of four markets powering the U.S. life sciences real estate recovery, with artificial intelligence companies absorbing lab space that biotech left behind — yet vacancy keeps climbing and rents keep falling, underscoring how long the road back remains for the region's landlords. JLL's 2026 U.S. Lab Property Report, […]

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