News Release: KKR Invests in 400 Summer Street Joint Venture in Boston Seaport
September 23, 2021 07:00 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced that it has completed a major investment in a joint venture with WS Development and the Public Sector Pension Investment Board (“PSP Investments”) for 400 Summer Street, a new state-of-the-art life science tower currently under construction in Boston’s […]
News Release: First post-incubation life science facility in Orange County completed by NexCore Group & HATCHspaces
NEWS PROVIDED BY NexCore Group Sep 22, 2022, 16:42 ET DENVER & LOS ANGELES, Sept. 22, 2022 /PRNewswire/ — NexCore Group, a leading health care developer, and HATCHspaces®, a real estate development platform focused on creating purpose-built life sciences facilities, have completed a full building transformation of an office building in Irvine, Calif. to a specialized, […]
News Release: Lendlease and Ivanhoé Cambridge Break Ground on FORUM, First Purpose-Built Life Science Development in Boston Landing
Drawing inspiration from surrounding athletic facilities, $500 million building to be an arena for innovation, strengthening emerging life sciences cluster in Boston’s Allston-Brighton neighborhood BOSTON (Sept. 22, 2022) — Lendlease and Ivanhoé Cambridge, global real estate leaders, today announced the start of construction on the partnership’s $500 million life science development at 60 Guest St. […]
News Release: Vitalis Acquires Campus Adjacent MOB in Cincinnati, Ohio for $6,400,000.
The transaction closed on September 22nd, 2022. Vitalis closed on a 16,500 SF campus adjacent medical office building located at 4665 E. Galbraith Road in Cincinnati, OH. The building sold for $6,400,000 or $387 / SF and closed off-market. Infiniti Dialysis, Nephrology Associates of Greater Cincinnati, Bernstein Allergy & Bernstein Clinical Research occupy 100% of […]
News Release: NAI James E. Hanson Helps Major Regional Healthcare Expand in Northern New Jersey
Clifton, N.J. (September 22, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 63,000-square-foot medical office building at 855 Valley Road in Clifton, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented […]
News Release: Vitalis Acquires Henry Ford Health Build-to-Suit for $9,400,000 in Rochester Hills, MI.
The transaction closed on September 22nd, 2022. Vitalis closed on a 31,200 SF specialty pharmacitcal facility located at 1191 E South Blvd, Rochester Hills, MI for $9,400,000. Henry Ford Health is on a multi-decade Absolute NNN Lease and the transaction sold off-market for $301 / SF. The build to suit delivered in 2017, however was […]
News Release: Lendlease and Ivanhoé Cambridge Break Ground on FORUM, First Purpose-Built Life Science Development in Boston Landing
22 Sep 2022 Drawing inspiration from surrounding athletic facilities, $500 million building to be an arena for innovation, strengthening emerging life sciences cluster in Boston’s Allston-Brighton neighborhood BOSTON (Sept. 22, 2022) — Lendlease and Ivanhoé Cambridge, global real estate leaders, today announced the start of construction on the partnership’s $500 million life science development at […]
News Release: Cornerstone Hires Executive Vice President, Development
FOR IMMEDIATE RELEASE INDIANAPOLIS – Cornerstone Companies, Inc. (Cornerstone) is excited to announce that Julia Ehret has joined the Indianapolis-based healthcare real estate firm as Executive Vice President, Development. In this new role, Ehret will focus on leading and driving the growth of Cornerstone’s development platform. To date, Cornerstone has successfully completed more than $1 […]
News Release: University of Maryland, Baltimore and Wexford Meeting Critical Demand for Wet Lab Space in Baltimore Region
Doubling the University of Maryland BioPark’s lab space, the two-phase 4MLK development project will represent more than $320 million in total capital investment BALTIMORE, Sept. 22, 2022 — University of Maryland, Baltimore (UMB) and Wexford Science & Technology, LLC, announced today that 4MLK, the newest development project in the University of Maryland BioPark, is slated to […]
News Release: Alliance Consolidated Group of Companies Acquires Net-Leased Medical Office Building in Las Vegas
Deal marks first acquisition made by Alliance’s $50 million healthcare real estate investment fund CHICAGO (Sept. 21, 2022) — Alliance Consolidated Group of Companies (Alliance) today announced it has acquired a net-leased medical office building at 6120 S. Fort Apache Road in southwest Las Vegas. The $6.8 million transaction was a sale-leaseback of the facility, […]
News Release: GI Partners Announces the Acquisition of Premier Life Sciences Properties in Leading Coastal Markets
SCOTTSDALE, AZ, September 21, 2022 – GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology and science real estate by announcing the acquisition of four life sciences properties totaling over 407,000 square feet on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund LP, the “ETS […]
News Release: Catalyst and National Announce Ocala Eye’s Expansion in The Villages
PENSACOLA, Fla., September 21, 2022 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, announce the development of a 22,500 square foot (SF) medical office building and ambulatory surgery […]
News Release: MidCap Financial Closes First Mortgage on a 72,538 Square Foot Office Condominium in UCity Square, Philadelphia, PA to be Repurposed for Life Sciences and Medical Uses.
BETHESDA, MD, September 21, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $24,660,000 transaction with Sounding Capital Partners. The floating rate first mortgage loan facilitated the acquisition and repositioning of a 72,538 square foot office condominium located at 3624 Market Street in UCity […]
News Release: Montecito Acquires Orthopedic Property in Mississippi
FLOWOOD, Miss., Sept. 21, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi. The building, which opened in 2018, is 100% leased to Capital Ortho, a practice group with locations across the Jackson area. The property […]
News Release: Thermo Fisher Scientific Partners with Pennsylvania Biotechnology Center to Support Life Sciences Growth in Philadelphia
Lab incubators offer biotech residents flexible, plug & play lab and research space within a specialized network of resources, programming, and expertise WALTHAM, Mass., Sept. 21, 2022, (BUSINESS WIRE)–The Pennsylvania Biotechnology Center (PABC) announced that Thermo Fisher Scientific has become a founding sponsor supporting the PABC campus in Doylestown, Pa., and their new B+Labs incubator […]