Unprecedented growth in the life sciences sector is driving demand for more lab and research space in metro areas across the country. To keep pace with the demand, there has been an increase in new dedicated life sciences development, as well as a surge in converting underperforming commercial and office real estate for use by life sciences companies. Understanding the nuances of life sciences leases as compared to traditional commercial leases is imperative for all parties involved.
Join Cozen O’Connor for a quick-paced discussion on:
The current state of the life sciences real estate market
The types of facilities that fall under life sciences and how they differ from an ordinary office
Lease issues pertaining to unique infrastructure or services matters and environmental considerations
Rethinking of common office lease provisions in a life sciences context, such as issues pertaining to use, surrender obligations (e.g., decommissioning), and assignment and sublet provisions
To view this webinar, click here.