EPISODE · Jun 3, 2026 · 7 MIN
How Office-To-Lab Conversions Are Reshaping City Skylines
from The Business of Real Estate with Fexingo: Commercial, Residential, and Investment Properties · host Fexingo
Across the US and Europe, developers are converting vacant office towers into state-of-the-art laboratory space for life sciences companies. Lucas and Luna dig into the economics behind one such conversion in Boston's Seaport District, where a 1980s office building was gutted and rebuilt as a wet-lab facility. They discuss the cost per square foot — around $600 to $800 for lab conversion versus $200 for traditional office renovation — and the higher rents these labs command: often $80 to $120 per square foot annually. Lucas explains why ceiling height, floor-load capacity, and vibration control matter more than location for biotech tenants. Luna asks about the risk of overbuilding if the biotech boom cools. The episode lands on a concrete number: Boston alone has five million square feet of office space under consideration for lab conversion as of early 2026. For investors, the takeaway is that adaptive reuse isn't just about apartments anymore — labs are the new frontier. #OfficeToLabConversion #LifeSciencesRealEstate #AdaptiveReuse #BiotechLabSpace #BostonRealEstate #SeaportDistrict #WetLabConstruction #CommercialRealEstateTrends #LabRentPerSquareFoot #OfficeVacancyCrisis #ZoningForLabs #VibrationControlLabDesign #RealEstateInvesting #Business #FexingoBusiness #BusinessPodcast #RealEstatePodcast #PropertyDevelopment Keep every episode free: buymeacoffee.com/fexingo
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How Office-To-Lab Conversions Are Reshaping City Skylines
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