Seattle is a thriving hub for biotech and pharmaceutical companies, attracting top talent in the industry to the region.
The agglomeration of the region’s life science industry is largely driven by research and development, along with companies and academics such as the University of Washington program, Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, and the Allen Institute for Brain Science.
The concertation organizations and talent in the region have helped create a demand for lab space and the success of companies has led to spinouts and startups, driving more growth in the industry. Agglomeration economies in the life science industry continue to drive growth and innovation in Seattle and increase the demand for specialized commercial real estate.