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Courtesy of HYM Investment Group
A rendering of the forthcoming Suffolk Downs biomanufacturing facility in Revere, Massachusetts.

At this moment, a confluence of factors, including the boom in mRNA vaccine technology and new cell and gene therapy firms, has grown beyond the capacity of the nation's contract manufacturing industry, which firms depend on to outsource their therapy production or meet sudden demand. Life sciences startups need these spaces to run clinical trials and work out kinks in their own manufacturing processes before making bigger real estate commitments.

Image: Courtesy of HYM Investment Group A rendering of the forthcoming Suffolk Downs biomanufacturing facility in Revere, Massachusetts.