Bay Area Lab Construction Shrinks to 800,000 SQFT as San Diego and Seattle Pipelines Go Dark

The San Francisco Bay Area’s life science construction pipeline has shrunk to 800,000 square feet while San Diego and Seattle have none underway, according to Savills, leaving West Coast lab landlords to fight over 20.7 million square feet of available space with no new supply coming to either relieve or deepen the glut.