Finding the right life sciences lab space can be a challenging task. Here are some steps to help you find the ideal lab space based on your specific needs:
1. Determine the Type of Lab Space You Need: There are various types of lab spaces, including wet labs, dry labs, production labs, analytical labs, and more ²³. Each type of lab space has its own unique requirements and specifications. For example, wet labs require direct ventilation, specialized piped utilities, and water, while dry labs do not require any of these features ¹. Therefore, it is essential to determine the type of lab space you need before you start your search.
2. Consider the Location: The location of your lab space is another crucial factor to consider. You should choose a location that is convenient for your employees and customers. Additionally, you should consider the proximity to other businesses in the life sciences industry, as this can help you build valuable partnerships and collaborations.
3. Calculate the Cost: The cost of lab space can vary depending on the location, size, and type of lab space you need. Therefore, it is essential to calculate the cost of your lab space before you start your search. This will help you determine your budget and avoid any surprises down the road.
4. Work with a Tenant Representative: A tenant representative can help you find the ideal lab space based on your specific needs. They can help you narrow down your search by identifying the best locations and lab spaces that meet your requirements. Additionally, they can help you negotiate the lease terms and ensure that you get the best deal possible [^10^].
5. Choose a Tenant Representative that Specializes in Lab Space: Choosing a tenant representative that specializes in lab space can be beneficial. They have the knowledge and expertise to help you find the ideal lab space based on your specific needs. Additionally, they can help you navigate the complex regulations and requirements associated with lab space.
6. Consider the Amenities: The amenities offered by the lab space are another crucial factor to consider. You should choose a lab space that offers the amenities you need to run your business efficiently. For example, you may need access to specialized equipment, conference rooms, or other facilities.
Finding the ideal life sciences lab space requires careful consideration of various factors such as the type of lab space you need, location, cost, and amenities. Working with a tenant representative that specializes in lab space can help you find the ideal lab space based on your specific needs and ensure that you get the best deal possible.
Estimating the total square footage of space needed for a pharmaceutical lab is an important step prior to beginning a search for a location. It is also helpful to know the approximate number of current and potential future employees for both the lab and office components. This information helps in calculating the room sizes needed. Here is a quick three-step method to estimate the size needed:
Estimate the Square Footage for a Lab Space
1. Identify the Square Footage of Each Key Component: These components include the number and size of private offices, the number of people and size of cubicles for the bullpen area, an approximate size of the chemistry lab or biology lab, and any pharmaceutical manufacturing area.
2. Add the Size of These Key Components Together. After identifying the square footage of each of the key components, the next step is to add the size of these key components together. These key components include the number and size of private offices, the number of people and size of cubicles for the bullpen area, an approximate size of the chemistry lab or biology lab, and any pharmaceutical manufacturing area. Once you have added the size of these key components together, you can take this total net number and add an additional 30-40% on for the remaining necessary areas in the space. These additional areas include circulation (i.e., halls and lobby), restrooms, storage, lunchroom, break area, and the IT/server room. This will give you a quick estimate of the square footage for lab space and total space needed to accommodate your company’s space requirement. However, it is important to note that some adjustments will need to be made once the design and components are better understood.
3. Add an Additional 30-40% for the Remaining Necessary Areas in the Space: These additional areas include circulation (i.e., halls and lobby), restrooms, storage, lunchroom, break area, and the IT/server room.
This method provides a quick estimate of the square footage for lab space and total space needed to accommodate a company’s space requirement. Some adjustments will need to be made once the design and components are better understood.
If you require assistance with finding the ideal lab space, please feel free to contact Synergy Real Estate Group, Corporate Advisory. Our team of experts is always available to help you with your lab space needs.