The U.S. life science sector is grappling with an oversupply of lab space, leading to significant vacancy spikes across major hubs, our latest U.S. office market report shows. In response to post-pandemic demand, developers have delivered over 33.5 million square feet of life science space since 2020, with another 26.4 million square feet still under construction. However, a decline in funding has stalled demand, leaving many of these new developments without tenants. This has contributed to soaring vacancy