BIOTECHNOLOGY LEASING: Special Issues in Leasing Laboratory Space

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Introduction

Biotechnology laboratory facility leases present unique commercial leasing issues that landlords and tenants should anticipate if they are to achieve successful leases. A diverse industry group, biotechnology companies encompass pharmaceuticals, life sciences, medical devices, medical diagnostics, bioinformatics, biotechnology, and other biosciences and related services companies. The facilities requirements in this varied group cover a broad spectrum. At one end, startup companies are looking for small incubator or generic lab space; at the other end, "Big Pharma" and well-funded biotech companies face complex issues associated with large build-to-suit projects.

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