For emerging biotech companies, moving into a wet lab facility is a major milestone—and a major investment. It signals a shift from discovery toward commercialization, often requiring hundreds of thousands in upfront capital and a long-term commitment. But many founders and CSOs rush the decision, focusing only on square footage and rent without digging into the fine print or the hidden risks of conventional leasing.
The result? Companies find themselves locked into inflexible lease agreements, unable to scale, and burdened with legal obligations more suited for large corporations than early-stage ventures.
At SPEC Labs, we’ve seen the full range of tenant experiences — from those who outgrow their space too quickly, to those who never fully utilize what they’ve signed up for. If you’re a biotech startup preparing to access wet lab space, here are the essential (but rarely discussed) questions you should be asking—especially if you're being asked to sign a traditional commercial lease.
Most life sciences startups don’t realize there’s a better alternative to a commercial lease. Traditional wet lab leases are often part of a 10-year master lease signed by a developer or landlord. For sub-tenants, that often means:
But there’s another way.
At SPEC Labs and other next-generation lab operators, startups are granted access through a Licensing Agreement, not a commercial lease. That means:
Ask:
2. Is the space purpose-built for science—or just retrofitted office space?
Not all “wet labs” are created equal. Some spaces marketed as wet labs are simply renovated offices with a couple of benches and a fume hood—hardly suitable for real scientific workflows.
Ask:
Real wet labs require specialized infrastructure. If the space feels improvised, it likely is—and that can affect your science.
Shared services can reduce your burn rate. But not all shared labs include the same amenities or provide full transparency on usage fees.
Ask:
Look for operators that offer all-in pricing or transparent cost schedules to avoid surprises.
The listed price is just the start. Add-ons like CAM (common area maintenance), utilities, lab services, and security can drive up your total cost.
Ask:
The lowest headline rent may not be the best value once you add it all up.
Depending on your R&D activities, you may need specialized environments or approvals.
Ask:
Many early-stage biotechs discover too late that their lab space isn’t fit for their evolving science.
Startups pivot. Milestones shift. You might need more—or less—space faster than you think.
Ask:
Landlords understand buildings. Scientists understand what labs really need.
Ask:
You don’t want your research held up by a broken fume hood or expired certifications.
Space is just the start. Your first lab should be a launchpad, not a silo.
Ask:
Leasing your first lab is more than a real estate transaction—it’s a strategic decision. Before you tie up capital, lock in long-term obligations, or sign a 40-page lease you barely understand, ask the tough questions.