---
title: "Biotech and life sciences — Operating expenses"
description: "Biotech and life sciences occupier perspective on operating expenses across all 123 Tier 1 Class A office markets."
canonical: https://classa.info/industries/biotech-life-sciences/operating-expenses
pageType: industry-topic
lastUpdated: 2026-05-29T16:17:29.065Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> For biotech and life sciences occupiers, operating expenses matters because they typically prefer prime-tier submarkets and run High-end fit-out — Class A Atlas links per-city operating expenses deep-dives below.

## TL;DR

- Biotech and life sciences preference: prime-tier submarkets.
- Biotech and life sciences typical fit-out: High-end.
- Operating expenses per-city deep-dives published for all 123 Tier 1 markets.

# Biotech and life sciences — Operating expenses

**For biotech and life sciences occupiers, operating expenses matters because they typically prefer prime-tier submarkets and run High-end [fit-out](/topics/fit-out-capex)">fit-out — [Class A](/glossary/class-a) Atlas links per-city operating expenses deep-dives below.**

## TL;DR

- Biotech and life sciences preference: prime-tier submarkets.
- Biotech and life sciences typical fit-out: High-end.
- Operating expenses per-city deep-dives published for all 123 Tier 1 markets.

## Per-city deep-dives

- [**Operating expenses in New York**](/cities/new-york/operating-expenses) · [Biotech and life sciences in New York](/cities/new-york/industries/biotech-life-sciences)
- [**Operating expenses in London**](/cities/london/operating-expenses) · [Biotech and life sciences in London](/cities/london/industries/biotech-life-sciences)
- [**Operating expenses in Singapore**](/cities/singapore/operating-expenses) · [Biotech and life sciences in Singapore](/cities/singapore/industries/biotech-life-sciences)
- [**Operating expenses in Hong Kong**](/cities/hong-kong/operating-expenses) · [Biotech and life sciences in Hong Kong](/cities/hong-kong/industries/biotech-life-sciences)
- [**Operating expenses in Tokyo**](/cities/tokyo/operating-expenses) · [Biotech and life sciences in Tokyo](/cities/tokyo/industries/biotech-life-sciences)
- [**Operating expenses in Paris**](/cities/paris/operating-expenses) · [Biotech and life sciences in Paris](/cities/paris/industries/biotech-life-sciences)
- [**Operating expenses in San Francisco**](/cities/san-francisco/operating-expenses) · [Biotech and life sciences in San Francisco](/cities/san-francisco/industries/biotech-life-sciences)
- [**Operating expenses in Los Angeles**](/cities/los-angeles/operating-expenses) · [Biotech and life sciences in Los Angeles](/cities/los-angeles/industries/biotech-life-sciences)
- [**Operating expenses in Chicago**](/cities/chicago/operating-expenses) · [Biotech and life sciences in Chicago](/cities/chicago/industries/biotech-life-sciences)
- [**Operating expenses in Boston**](/cities/boston/operating-expenses) · [Biotech and life sciences in Boston](/cities/boston/industries/biotech-life-sciences)
- [**Operating expenses in Toronto**](/cities/toronto/operating-expenses) · [Biotech and life sciences in Toronto](/cities/toronto/industries/biotech-life-sciences)
- [**Operating expenses in Dubai**](/cities/dubai/operating-expenses) · [Biotech and life sciences in Dubai](/cities/dubai/industries/biotech-life-sciences)
- [**Operating expenses in Frankfurt**](/cities/frankfurt/operating-expenses) · [Biotech and life sciences in Frankfurt](/cities/frankfurt/industries/biotech-life-sciences)
- [**Operating expenses in Zurich**](/cities/zurich/operating-expenses) · [Biotech and life sciences in Zurich](/cities/zurich/industries/biotech-life-sciences)
- [**Operating expenses in Amsterdam**](/cities/amsterdam/operating-expenses) · [Biotech and life sciences in Amsterdam](/cities/amsterdam/industries/biotech-life-sciences)
- [**Operating expenses in Madrid**](/cities/madrid/operating-expenses) · [Biotech and life sciences in Madrid](/cities/madrid/industries/biotech-life-sciences)
- [**Operating expenses in Shanghai**](/cities/shanghai/operating-expenses) · [Biotech and life sciences in Shanghai](/cities/shanghai/industries/biotech-life-sciences)
- [**Operating expenses in Seoul**](/cities/seoul/operating-expenses) · [Biotech and life sciences in Seoul](/cities/seoul/industries/biotech-life-sciences)
- [**Operating expenses in Sydney**](/cities/sydney/operating-expenses) · [Biotech and life sciences in Sydney](/cities/sydney/industries/biotech-life-sciences)
- [**Operating expenses in Mumbai**](/cities/mumbai/operating-expenses) · [Biotech and life sciences in Mumbai](/cities/mumbai/industries/biotech-life-sciences)
- [**Operating expenses in Washington DC**](/cities/washington-dc/operating-expenses) · [Biotech and life sciences in Washington DC](/cities/washington-dc/industries/biotech-life-sciences)
- [**Operating expenses in Miami**](/cities/miami/operating-expenses) · [Biotech and life sciences in Miami](/cities/miami/industries/biotech-life-sciences)
- [**Operating expenses in Atlanta**](/cities/atlanta/operating-expenses) · [Biotech and life sciences in Atlanta](/cities/atlanta/industries/biotech-life-sciences)
- [**Operating expenses in Dallas**](/cities/dallas/operating-expenses) · [Biotech and life sciences in Dallas](/cities/dallas/industries/biotech-life-sciences)
- [**Operating expenses in Houston**](/cities/houston/operating-expenses) · [Biotech and life sciences in Houston](/cities/houston/industries/biotech-life-sciences)
- [**Operating expenses in Seattle**](/cities/seattle/operating-expenses) · [Biotech and life sciences in Seattle](/cities/seattle/industries/biotech-life-sciences)
- [**Operating expenses in Austin**](/cities/austin/operating-expenses) · [Biotech and life sciences in Austin](/cities/austin/industries/biotech-life-sciences)
- [**Operating expenses in Denver**](/cities/denver/operating-expenses) · [Biotech and life sciences in Denver](/cities/denver/industries/biotech-life-sciences)
- [**Operating expenses in Philadelphia**](/cities/philadelphia/operating-expenses) · [Biotech and life sciences in Philadelphia](/cities/philadelphia/industries/biotech-life-sciences)
- [**Operating expenses in Minneapolis**](/cities/minneapolis/operating-expenses) · [Biotech and life sciences in Minneapolis](/cities/minneapolis/industries/biotech-life-sciences)
- [**Operating expenses in San Diego**](/cities/san-diego/operating-expenses) · [Biotech and life sciences in San Diego](/cities/san-diego/industries/biotech-life-sciences)
- [**Operating expenses in Vancouver**](/cities/vancouver/operating-expenses) · [Biotech and life sciences in Vancouver](/cities/vancouver/industries/biotech-life-sciences)
- [**Operating expenses in Montreal**](/cities/montreal/operating-expenses) · [Biotech and life sciences in Montreal](/cities/montreal/industries/biotech-life-sciences)
- [**Operating expenses in Calgary**](/cities/calgary/operating-expenses) · [Biotech and life sciences in Calgary](/cities/calgary/industries/biotech-life-sciences)
- [**Operating expenses in Ottawa**](/cities/ottawa/operating-expenses) · [Biotech and life sciences in Ottawa](/cities/ottawa/industries/biotech-life-sciences)
- [**Operating expenses in Berlin**](/cities/berlin/operating-expenses) · [Biotech and life sciences in Berlin](/cities/berlin/industries/biotech-life-sciences)
- [**Operating expenses in Munich**](/cities/munich/operating-expenses) · [Biotech and life sciences in Munich](/cities/munich/industries/biotech-life-sciences)
- [**Operating expenses in Milan**](/cities/milan/operating-expenses) · [Biotech and life sciences in Milan](/cities/milan/industries/biotech-life-sciences)
- [**Operating expenses in Dublin**](/cities/dublin/operating-expenses) · [Biotech and life sciences in Dublin](/cities/dublin/industries/biotech-life-sciences)
- [**Operating expenses in Stockholm**](/cities/stockholm/operating-expenses) · [Biotech and life sciences in Stockholm](/cities/stockholm/industries/biotech-life-sciences)
- [**Operating expenses in Brussels**](/cities/brussels/operating-expenses) · [Biotech and life sciences in Brussels](/cities/brussels/industries/biotech-life-sciences)
- [**Operating expenses in Luxembourg**](/cities/luxembourg/operating-expenses) · [Biotech and life sciences in Luxembourg](/cities/luxembourg/industries/biotech-life-sciences)
- [**Operating expenses in Warsaw**](/cities/warsaw/operating-expenses) · [Biotech and life sciences in Warsaw](/cities/warsaw/industries/biotech-life-sciences)
- [**Operating expenses in Copenhagen**](/cities/copenhagen/operating-expenses) · [Biotech and life sciences in Copenhagen](/cities/copenhagen/industries/biotech-life-sciences)
- [**Operating expenses in Lisbon**](/cities/lisbon/operating-expenses) · [Biotech and life sciences in Lisbon](/cities/lisbon/industries/biotech-life-sciences)
- [**Operating expenses in Bangalore**](/cities/bangalore/operating-expenses) · [Biotech and life sciences in Bangalore](/cities/bangalore/industries/biotech-life-sciences)
- [**Operating expenses in Delhi-NCR**](/cities/delhi-ncr/operating-expenses) · [Biotech and life sciences in Delhi-NCR](/cities/delhi-ncr/industries/biotech-life-sciences)
- [**Operating expenses in Hyderabad**](/cities/hyderabad/operating-expenses) · [Biotech and life sciences in Hyderabad](/cities/hyderabad/industries/biotech-life-sciences)
- [**Operating expenses in Beijing**](/cities/beijing/operating-expenses) · [Biotech and life sciences in Beijing](/cities/beijing/industries/biotech-life-sciences)
- [**Operating expenses in Shenzhen**](/cities/shenzhen/operating-expenses) · [Biotech and life sciences in Shenzhen](/cities/shenzhen/industries/biotech-life-sciences)
- [**Operating expenses in Guangzhou**](/cities/guangzhou/operating-expenses) · [Biotech and life sciences in Guangzhou](/cities/guangzhou/industries/biotech-life-sciences)
- [**Operating expenses in Taipei**](/cities/taipei/operating-expenses) · [Biotech and life sciences in Taipei](/cities/taipei/industries/biotech-life-sciences)
- [**Operating expenses in Osaka**](/cities/osaka/operating-expenses) · [Biotech and life sciences in Osaka](/cities/osaka/industries/biotech-life-sciences)
- [**Operating expenses in Melbourne**](/cities/melbourne/operating-expenses) · [Biotech and life sciences in Melbourne](/cities/melbourne/industries/biotech-life-sciences)
- [**Operating expenses in Bangkok**](/cities/bangkok/operating-expenses) · [Biotech and life sciences in Bangkok](/cities/bangkok/industries/biotech-life-sciences)
- [**Operating expenses in Kuala Lumpur**](/cities/kuala-lumpur/operating-expenses) · [Biotech and life sciences in Kuala Lumpur](/cities/kuala-lumpur/industries/biotech-life-sciences)
- [**Operating expenses in Jakarta**](/cities/jakarta/operating-expenses) · [Biotech and life sciences in Jakarta](/cities/jakarta/industries/biotech-life-sciences)
- [**Operating expenses in Manila**](/cities/manila/operating-expenses) · [Biotech and life sciences in Manila](/cities/manila/industries/biotech-life-sciences)
- [**Operating expenses in Ho Chi Minh City**](/cities/ho-chi-minh-city/operating-expenses) · [Biotech and life sciences in Ho Chi Minh City](/cities/ho-chi-minh-city/industries/biotech-life-sciences)
- [**Operating expenses in Tel Aviv**](/cities/tel-aviv/operating-expenses) · [Biotech and life sciences in Tel Aviv](/cities/tel-aviv/industries/biotech-life-sciences)
- [**Operating expenses in Riyadh**](/cities/riyadh/operating-expenses) · [Biotech and life sciences in Riyadh](/cities/riyadh/industries/biotech-life-sciences)
- [**Operating expenses in Doha**](/cities/doha/operating-expenses) · [Biotech and life sciences in Doha](/cities/doha/industries/biotech-life-sciences)
- [**Operating expenses in Abu Dhabi**](/cities/abu-dhabi/operating-expenses) · [Biotech and life sciences in Abu Dhabi](/cities/abu-dhabi/industries/biotech-life-sciences)
- [**Operating expenses in Johannesburg**](/cities/johannesburg/operating-expenses) · [Biotech and life sciences in Johannesburg](/cities/johannesburg/industries/biotech-life-sciences)
- [**Operating expenses in Cape Town**](/cities/cape-town/operating-expenses) · [Biotech and life sciences in Cape Town](/cities/cape-town/industries/biotech-life-sciences)
- [**Operating expenses in Nairobi**](/cities/nairobi/operating-expenses) · [Biotech and life sciences in Nairobi](/cities/nairobi/industries/biotech-life-sciences)
- [**Operating expenses in Lagos**](/cities/lagos/operating-expenses) · [Biotech and life sciences in Lagos](/cities/lagos/industries/biotech-life-sciences)
- [**Operating expenses in Mexico City**](/cities/mexico-city/operating-expenses) · [Biotech and life sciences in Mexico City](/cities/mexico-city/industries/biotech-life-sciences)
- [**Operating expenses in São Paulo**](/cities/sao-paulo/operating-expenses) · [Biotech and life sciences in São Paulo](/cities/sao-paulo/industries/biotech-life-sciences)
- [**Operating expenses in Bogotá**](/cities/bogota/operating-expenses) · [Biotech and life sciences in Bogotá](/cities/bogota/industries/biotech-life-sciences)
- [**Operating expenses in Santiago**](/cities/santiago/operating-expenses) · [Biotech and life sciences in Santiago](/cities/santiago/industries/biotech-life-sciences)
- [**Operating expenses in Buenos Aires**](/cities/buenos-aires/operating-expenses) · [Biotech and life sciences in Buenos Aires](/cities/buenos-aires/industries/biotech-life-sciences)
- [**Operating expenses in Vienna**](/cities/vienna/operating-expenses) · [Biotech and life sciences in Vienna](/cities/vienna/industries/biotech-life-sciences)
- [**Operating expenses in Charlotte**](/cities/charlotte/operating-expenses) · [Biotech and life sciences in Charlotte](/cities/charlotte/industries/biotech-life-sciences)
- [**Operating expenses in Nashville**](/cities/nashville/operating-expenses) · [Biotech and life sciences in Nashville](/cities/nashville/industries/biotech-life-sciences)
- [**Operating expenses in Phoenix**](/cities/phoenix/operating-expenses) · [Biotech and life sciences in Phoenix](/cities/phoenix/industries/biotech-life-sciences)
- [**Operating expenses in Raleigh-Durham**](/cities/raleigh-durham/operating-expenses) · [Biotech and life sciences in Raleigh-Durham](/cities/raleigh-durham/industries/biotech-life-sciences)
- [**Operating expenses in Tampa**](/cities/tampa/operating-expenses) · [Biotech and life sciences in Tampa](/cities/tampa/industries/biotech-life-sciences)
- [**Operating expenses in Orlando**](/cities/orlando/operating-expenses) · [Biotech and life sciences in Orlando](/cities/orlando/industries/biotech-life-sciences)
- [**Operating expenses in Salt Lake City**](/cities/salt-lake-city/operating-expenses) · [Biotech and life sciences in Salt Lake City](/cities/salt-lake-city/industries/biotech-life-sciences)
- [**Operating expenses in Portland (OR)**](/cities/portland-or/operating-expenses) · [Biotech and life sciences in Portland (OR)](/cities/portland-or/industries/biotech-life-sciences)
- [**Operating expenses in Pittsburgh**](/cities/pittsburgh/operating-expenses) · [Biotech and life sciences in Pittsburgh](/cities/pittsburgh/industries/biotech-life-sciences)
- [**Operating expenses in Detroit**](/cities/detroit/operating-expenses) · [Biotech and life sciences in Detroit](/cities/detroit/industries/biotech-life-sciences)
- [**Operating expenses in Indianapolis**](/cities/indianapolis/operating-expenses) · [Biotech and life sciences in Indianapolis](/cities/indianapolis/industries/biotech-life-sciences)
- [**Operating expenses in Kansas City**](/cities/kansas-city/operating-expenses) · [Biotech and life sciences in Kansas City](/cities/kansas-city/industries/biotech-life-sciences)
- [**Operating expenses in Baltimore**](/cities/baltimore/operating-expenses) · [Biotech and life sciences in Baltimore](/cities/baltimore/industries/biotech-life-sciences)
- [**Operating expenses in Calgary**](/cities/calgary/operating-expenses) · [Biotech and life sciences in Calgary](/cities/calgary/industries/biotech-life-sciences)
- [**Operating expenses in Ottawa**](/cities/ottawa/operating-expenses) · [Biotech and life sciences in Ottawa](/cities/ottawa/industries/biotech-life-sciences)
- [**Operating expenses in Manchester**](/cities/manchester/operating-expenses) · [Biotech and life sciences in Manchester](/cities/manchester/industries/biotech-life-sciences)
- [**Operating expenses in Edinburgh**](/cities/edinburgh/operating-expenses) · [Biotech and life sciences in Edinburgh](/cities/edinburgh/industries/biotech-life-sciences)
- [**Operating expenses in Hamburg**](/cities/hamburg/operating-expenses) · [Biotech and life sciences in Hamburg](/cities/hamburg/industries/biotech-life-sciences)
- [**Operating expenses in Stuttgart**](/cities/stuttgart/operating-expenses) · [Biotech and life sciences in Stuttgart](/cities/stuttgart/industries/biotech-life-sciences)
- [**Operating expenses in Düsseldorf**](/cities/dusseldorf/operating-expenses) · [Biotech and life sciences in Düsseldorf](/cities/dusseldorf/industries/biotech-life-sciences)
- [**Operating expenses in Geneva**](/cities/geneva/operating-expenses) · [Biotech and life sciences in Geneva](/cities/geneva/industries/biotech-life-sciences)
- [**Operating expenses in Oslo**](/cities/oslo/operating-expenses) · [Biotech and life sciences in Oslo](/cities/oslo/industries/biotech-life-sciences)
- [**Operating expenses in Helsinki**](/cities/helsinki/operating-expenses) · [Biotech and life sciences in Helsinki](/cities/helsinki/industries/biotech-life-sciences)
- [**Operating expenses in Prague**](/cities/prague/operating-expenses) · [Biotech and life sciences in Prague](/cities/prague/industries/biotech-life-sciences)
- [**Operating expenses in Budapest**](/cities/budapest/operating-expenses) · [Biotech and life sciences in Budapest](/cities/budapest/industries/biotech-life-sciences)
- [**Operating expenses in Bucharest**](/cities/bucharest/operating-expenses) · [Biotech and life sciences in Bucharest](/cities/bucharest/industries/biotech-life-sciences)
- [**Operating expenses in Barcelona**](/cities/barcelona/operating-expenses) · [Biotech and life sciences in Barcelona](/cities/barcelona/industries/biotech-life-sciences)
- [**Operating expenses in Rome**](/cities/rome/operating-expenses) · [Biotech and life sciences in Rome](/cities/rome/industries/biotech-life-sciences)
- [**Operating expenses in Rotterdam**](/cities/rotterdam/operating-expenses) · [Biotech and life sciences in Rotterdam](/cities/rotterdam/industries/biotech-life-sciences)
- [**Operating expenses in Athens**](/cities/athens/operating-expenses) · [Biotech and life sciences in Athens](/cities/athens/industries/biotech-life-sciences)
- [**Operating expenses in Auckland**](/cities/auckland/operating-expenses) · [Biotech and life sciences in Auckland](/cities/auckland/industries/biotech-life-sciences)
- [**Operating expenses in Brisbane**](/cities/brisbane/operating-expenses) · [Biotech and life sciences in Brisbane](/cities/brisbane/industries/biotech-life-sciences)
- [**Operating expenses in Perth**](/cities/perth/operating-expenses) · [Biotech and life sciences in Perth](/cities/perth/industries/biotech-life-sciences)
- [**Operating expenses in Chennai**](/cities/chennai/operating-expenses) · [Biotech and life sciences in Chennai](/cities/chennai/industries/biotech-life-sciences)
- [**Operating expenses in Pune**](/cities/pune/operating-expenses) · [Biotech and life sciences in Pune](/cities/pune/industries/biotech-life-sciences)
- [**Operating expenses in Hangzhou**](/cities/hangzhou/operating-expenses) · [Biotech and life sciences in Hangzhou](/cities/hangzhou/industries/biotech-life-sciences)
- [**Operating expenses in Chengdu**](/cities/chengdu/operating-expenses) · [Biotech and life sciences in Chengdu](/cities/chengdu/industries/biotech-life-sciences)
- [**Operating expenses in Suzhou**](/cities/suzhou/operating-expenses) · [Biotech and life sciences in Suzhou](/cities/suzhou/industries/biotech-life-sciences)
- [**Operating expenses in Yokohama**](/cities/yokohama/operating-expenses) · [Biotech and life sciences in Yokohama](/cities/yokohama/industries/biotech-life-sciences)
- [**Operating expenses in Nagoya**](/cities/nagoya/operating-expenses) · [Biotech and life sciences in Nagoya](/cities/nagoya/industries/biotech-life-sciences)
- [**Operating expenses in Hanoi**](/cities/hanoi/operating-expenses) · [Biotech and life sciences in Hanoi](/cities/hanoi/industries/biotech-life-sciences)
- [**Operating expenses in Phnom Penh**](/cities/phnom-penh/operating-expenses) · [Biotech and life sciences in Phnom Penh](/cities/phnom-penh/industries/biotech-life-sciences)
- [**Operating expenses in Kuwait City**](/cities/kuwait-city/operating-expenses) · [Biotech and life sciences in Kuwait City](/cities/kuwait-city/industries/biotech-life-sciences)
- [**Operating expenses in Manama**](/cities/manama/operating-expenses) · [Biotech and life sciences in Manama](/cities/manama/industries/biotech-life-sciences)
- [**Operating expenses in Cairo**](/cities/cairo/operating-expenses) · [Biotech and life sciences in Cairo](/cities/cairo/industries/biotech-life-sciences)
- [**Operating expenses in Casablanca**](/cities/casablanca/operating-expenses) · [Biotech and life sciences in Casablanca](/cities/casablanca/industries/biotech-life-sciences)
- [**Operating expenses in Monterrey**](/cities/monterrey/operating-expenses) · [Biotech and life sciences in Monterrey](/cities/monterrey/industries/biotech-life-sciences)
- [**Operating expenses in Rio de Janeiro**](/cities/rio-de-janeiro/operating-expenses) · [Biotech and life sciences in Rio de Janeiro](/cities/rio-de-janeiro/industries/biotech-life-sciences)
- [**Operating expenses in Panama City**](/cities/panama-city/operating-expenses) · [Biotech and life sciences in Panama City](/cities/panama-city/industries/biotech-life-sciences)
- [**Operating expenses in San José**](/cities/san-jose-cr/operating-expenses) · [Biotech and life sciences in San José](/cities/san-jose-cr/industries/biotech-life-sciences)

## Related

- [**Biotech and life sciences — global overview**](/industries/biotech-life-sciences)
- [**Operating expenses — global overview**](/topics/operating-expenses)
- [**All industries**](/industries)
- [**All topics**](/topics)
- [**Biotech and life sciences — Rents and incentives**](/industries/biotech-life-sciences/rents-and-incentives)
- [**Biotech and life sciences — Sublease market**](/industries/biotech-life-sciences/sublease-market)
- [**Biotech and life sciences — ESG and LEED stock**](/industries/biotech-life-sciences/esg-and-leed)

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Citation: Source: Class A Atlas (https://classa.info/industries/biotech-life-sciences/operating-expenses), updated 2026-05-29T16:17:29.065Z.