Next tier of markets is poised to ascend and offer valuable opportunities to both investors and occupiers.
JLL, a global commercial real estate services company, has released its Emerging Life Sciences Markets Index. The report evaluates metro areas with respect to a wide variety of metrics chosen to best reflect the most critical qualities of life sciences markets on the upswing.
Examining 110 US markets, the index highlights where life sciences jobs are growing the most as well as what markets are accelerating and keeping a full pipeline of talent. The result of this research is a three-pronged model:
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Momentum: measures the size of the life sciences employment base and the industry’s momentum
Talent: measures educational attainment and demographic tailwinds
Potential: measures forecasted growth of key market performance indicators such as millennial population, median household income growth, and housing availability
For more information and the full report, click here.
