TORONTO LIFE SCIENCES
Commercial real estate landlords, developers and brokers in Ontario have largely ignored biotech and life sciences until recently because of a shared perception there has been little to no market demand. However, a wave of startup companies incubating within universities, innovation centres and research hospitals and the lower cost and speed of research has improved conditions for the sector to flourish.
The COVID19 pandemic has changed the traditional mindset within commercial real estate about the Life Sciences sector but wet lab graduation space for scaling companies remains the single-most difficult obstacle. Information about wet lab space for lease in the Greater Toronto Area and across Ontario is anecdotal at best – but options are now appearing with greater frequency.
Our Life Sciences team has industry experience and market knowledge to help scaling biotech companies determine not only what path to follow but also how and when to start.
Follow us to learn about the Toronto Life Sciences market.