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Available lab space in Montgomery County's I-270 corridor has dropped to levels not seen since before the Great Recession struck in 2008, according to the latest update from Rockville-based commercial real estate group Scheer Partners.

That's after a remarkably active year for biotechs in 2015, said Matt Brady, a Scheer vice president who specializes in office, research and development, and industrial leasing. "People grabbed up a lot of space in a really short amount of time. That's the story here," Brady said.