Research Laboratory, Research Establishment, Research Lab, Research Facility
You've seen that 研究 is research from previous vocab. So, a "place" that is a research place could be many things, though mainly a research institute or research laboratory.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well. It will also help if you know the reading of 研究 already. Also note that 所 is normal for one reading, but also gets the rendaku treatment, meaning しょ becomes じょ, for the secondary reading.
This research institute is famous throughout the country.
This shampoo was created at a research institute in the United States.
On weekdays, I research literature from the Heian era at the laboratory of Japanese language.