Office Space Sits Empty, But Demand for Lab Space Is Strong (Correct)

The office, as we’ve been told many times, is over. As the coronavirus pandemic drags on in the U.S., millions of white-collar workers remain homebound, companies are shedding their HQ spaces, and the viability of downtown business districts — and even whole cities — is in doubt due to the ongoing economic devastation of Covid-19.

But most people who work in the life sciences — pharmaceutical, biotech and other medical research fields — can’t do their jobs from their couches or backyard sheds. For them, the pandemic has helped fuel a real estate scramble.

In the last two months, pharmaceutical giant ...