CommercialCafe ranked Madison number 17 among the top 25 U.S. metros for life sciences based on a comparison of 12 key indicators across three categories: the local talent pool, life sciences ecosystem, and the life sciences segment of the office market. The city earned a total of 19 points.
Other key findings included:
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Nearly 10% of office space in Madison is dedicated to the life sciences sector, the fourth-best representation among the locations compared;
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Twenty-six percent of Madison residents aged 25 or older have earned at least a bachelor’s degree in an industry-related field, which marked the fifth-highest density of educated talent in the ranking; and
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The metro claims the 12th-largest life sciences real estate market in the ranking, with existing stock adding up to nearly 2.7 million square feet.
A total of three Midwestern metros placed in the top 25.
