Life Sciences U.S. Fit-Out Cost Guide 2023

FIT OUT COSTS BY FACILITY TYPE

Low Average High

$2,500

$2,000

$1,500

$1,000

Cost per Square Foot

$500

$0

Office Warehouse BSL1 & BSL2 Analytical (CLIA)

Chemistry Vivarium cGMP Bulk Manufacturing

Gene/Cell Therapy

BSL3

Source: Cushman & Wakefield Project & Development Services

FIT OUT COSTS BY MARKET

Low Average High

$1,400

$1,200

$1,000

$800

$600

Cost per Square Foot

$400

$200

$0

Raleigh-Durham, NC San Diego, CA Seattle, WA

Boston, MA Philadelphia, PA San Francisco, CA

Source: Cushman & Wakefield Project & Development Services

20

Cushman & Wakefield