News Release: CapitaLand Ascendas REIT to convert San Diego office property to Life Sciences property
Singapore, 30 September 2022 – CapitaLand Ascendas REIT Management Limited (“the Manager”), formerly known as Ascendas Funds Management (S) Limited, the manager of CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), is pleased to announce the signing of a full building lease agreement with Crinetics Pharmaceuticals, Inc., for its […]
News Release: O’Donnell & Naccarato Celebrates Grand Opening of Children’s Hospital of The King’s Daughters in Norfolk, Virginia
Norfolk, Va., Sept. 30, 2022— O’Donnell & Naccarato (O&N), a leading consulting structural engineering firm headquartered in Philadelphia, is pleased to announce the grand opening and dedication ceremony of Children’s Hospital of the King’s Daughters Children Pavilion (CHKD) on September 30, 2022. The new, $224M, 14-story, 364,000 square-foot pediatric mental health hospital and outpatient center […]
News Release: Revista to launch the first customized life science building database
Company will provide the bioscience real estate sector’s only online archive of life science properties, as well as industry statistics and resources, national and regional market reports, and strategic networking events ARNOLD, Md., September 30, 2022 – Record funding levels for Biotech companies in recent years have fueled increasing industry demands for more life science […]
News Release: CareTrust REIT Completes Sale of Ohio Skilled Nursing Facilities
SAN CLEMENTE, Calif., Sept. 30, 2022, (BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has completed the sale of seven skilled nursing facilities in Ohio for a purchase price of $52 million. In connection with the completion of the sale, the company’s master lease with affiliates of Trio Healthcare was terminated. The portfolio includes […]
News Release: EyeSouth Partners, the largest comprehensive ophthalmology platform in North America, continues its accelerating growth with a new Capital Partner, Olympus Partners
Olympus Partners replaces Shore Capital as EyeSouth primary investor ATLANTA, September 30, 2022, (BUSINESS WIRE)–EyeSouth Partners (“EyeSouth” or the “Company”), the largest comprehensive ophthalmology platform in North America, is proud to announce and welcome its new private equity firm investor, Olympus Partners. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries […]
News Release: Shore Capital Partners Announces Sale of EyeSouth Partners
CHICAGO, Sept. 30, 2022, (BUSINESS WIRE)–Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of EyeSouth Partners (“EyeSouth”), an eye care management services organization committed to partnering with leading doctors, to Olympus Partners. Shore formed EyeSouth in 2017 with the goal of […]
Life Sciences: Revista launches a life sciences real estate data service
Commercial real estate research firm has started tracking deals, developments By Murray W. Wolf ARNOLD, Md. – About eight-and-a-half years ago, a startup firm called Revista started to fill a void in the healthcare real estate (HRE) space by launching a data service tracking property information in the sector. Over the years, the Arnold-based firm’s […]
News Release: A&G Accepting Offers on 11 Medical Office Buildings in Northern New Jersey, Florida and New York
Investors can acquire individual or multiple assets or enter into a joint venture with the existing owner; offers must be submitted by October 18 MELVILLE, N.Y., Sept. 29, 2022 /PRNewswire/ — A&G Real Estate Partners is now accepting offers on nine medical office properties in northern New Jersey and one each in Mount Kisco, New […]
News Release: GI Partners Announces the Acquisition of Premier Life Sciences Properties in San Diego, CA
SCOTTSDALE, Ariz., Sept. 29, 2022 /PRNewswire/ — GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology and science real estate by announcing the acquisition of a core, 100% net leased life sciences portfolio in San Diego, CA. The portfolio consists of the fee simple interest in a two-building, 84,000 […]
News Release: Cure Rare Disease Acquires Laboratory Space for New Headquarters in Connecticut
Boston-based biotechnology company to relocate headquarters and expand operations in Woodbridge WOODBRIDGE, Conn., Sept. 29, 2022,(BUSINESS WIRE)–Cure Rare Disease (CRD), a clinical-stage nonprofit biotechnology company, has acquired its first laboratory space at 4 Research Drive in Woodbridge, Connecticut, where the organization will relocate its headquarters and expand its research and development operations. The 30,000 square […]
News Release: NexCore Group helps expand health care in Tucson with new facility at Northwest Medical Center Houghton
45,250 square-foot on-campus medical office building now open in connection with NMC DENVER, Sept. 28, 2022 /PRNewswire/ — NexCore Group has completed the construction of a new medical office building (MOB) on the 52-bed Northwest Medical Center (NMC) Houghton hospital campus. Located at 2300 S. Houghton Road in Tucson, Ariz., this building serves as a […]
News Release: Resiliency and innovation fueling life sciences growth
Despite short-term challenges, the industry is set for long-term gains, and a new cluster model offers directional guidance for markets to focus investment efforts CHICAGO, Sept. 28, 2022 – The last few years catapulted the life sciences industry to record levels of demand. Though the sector isn’t immune to short-term, macroeconomic challenges, science doesn’t stop, […]
News Release: Phoenix medical office building acquired for $14.85M
JLL Capital Markets led financing efforts for the fully leased Simon Medical Plaza PHOENIX – September 27, 2022 – JLL Capital Markets announced today that it has sourced acquisition financing of $7.58 million for Simon Medical Plaza, a fully leased medical office building in Phoenix, Arizona. JLL worked on behalf of the borrower, a joint […]
News Release: CBRE Investment Management Fund Acquires 662,607-Square-Foot, Class A Life Sciences Campus in Raleigh-Durham’s Research Triangle
RALEIGH-DURHAM, NC, Sept. 27, 2022 — CBRE Investment Management, on behalf of a separate account client, has acquired Park Point, a 662,607-square-foot life sciences campus in Raleigh-Durham’s Research Triangle. Located at 4001 NC Highway 54, Durham, North Carolina, the Class A property is aligned with the firm’s commitment to investing in life sciences assets as the […]
News Release: Abrazo continues Buckeye Campus development planning
BUCKEYE, Ariz., Sept. 27, 2022 – Abrazo Health continues development planning for its new Buckeye campus, releasing a conceptual rendering of a 65,000 sq. ft. medical office building. Construction on the site is expected to begin in the coming months. Abrazo Health acquired 27 acres for its Buckeye medical campus near the southwest corner of […]