{"id":765,"date":"2024-04-24T00:00:00","date_gmt":"2024-04-24T07:00:00","guid":{"rendered":"https:\/\/crecalculator.com\/faqs\/?p=765"},"modified":"2024-04-24T00:00:00","modified_gmt":"2024-04-24T07:00:00","slug":"cre-terms-to-know-biotech-space","status":"publish","type":"post","link":"https:\/\/crecalculator.com\/faqs\/cre-terms-to-know-biotech-space\/","title":{"rendered":"CRE Terms to Know: Biotech Space"},"content":{"rendered":"<p>Highly specialized laboratory or research and development space. The space is uniquely configured and is typically developed to the needs of the biotech tenant. It may require significant retrofit should the tenant vacate the space. The space is often characterized by robust mechanical, electrical and plumbing systems, as well as by sophisticated ventilation systems to accommodate the highly specialized and complex activities that occur inside and that involve the handling of chemicals, drugs and biological matter.<\/p>\n<p>Learn more at <a href=\"https:\/\/www.naiop.org\/education-and-career\/industry-terms-and-definitions\" target=\"_blank\" rel=\"noopener\">https:\/\/www.naiop.org<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/source.unsplash.com\/featured\/?commercial-real-estate\" alt=\"Commercial Real Estate\" width=\"800\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highly specialized laboratory or research and development space. The space is uniquely configured and is typically developed to the needs of the biotech tenant. It may require significant retrofit should the tenant vacate the space. The space is often characterized by robust mechanical, electrical and plumbing systems, as well as by sophisticated ventilation systems to &#8230; <a title=\"CRE Terms to Know: Biotech Space\" class=\"read-more\" href=\"https:\/\/crecalculator.com\/faqs\/cre-terms-to-know-biotech-space\/\" aria-label=\"Read more about CRE Terms to Know: Biotech Space\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-765","post","type-post","status-publish","format-standard","hentry","category-commercial-real-estate-definitions","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CRE Terms to Know: Biotech Space - Commercial Real Estate Valuation Calculator FAQs<\/title>\n<meta name=\"description\" content=\"Commercial Real Estate Valuation Calculator FAQs - 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