3 Texas Cities Named Emerging Life Science Clusters

November 02, 2020 | Texas REALTORS® Staff

Houston, Austin, and Dallas-Fort Worth were named three of the top 10 U.S. cities for emerging life science clusters.

Commercial real estate firm CBRE ranked them second, third, and sixth, respectively, in an October report.

CBRE considered the size and growth of life sciences employment, concentration of research and development life sciences employment, amount and growth of life sciences venture capital funding, and National Institutes of Health funding.

“Biotech R&D employment reached a record in June as more venture capital was invested in life sciences opportunities in Q2 2020 than ever before,” according to the report.

Read the report here.

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3 Texas Cities Named Emerging Life Science Clusters

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