Joseph Simone Says Research Commercialization Will Drive New Expansion Of Life Sciences Real Estate
BRONX, NY, (PRWEB) DECEMBER 12, 2022 — The commercialization of cutting-edge medical research will drive a new wave of life-sciences real estate expansion near hospitals, said Joseph Simone of Simone Development Companies. “Research hospitals like the Albert Einstein College of Medicine in the Bronx are pioneering new therapies for cancer, HIV, and brain injuries. Gene-editing tools […]
News Release: Institutional Property Advisors Completes Chattanooga Medical Office Building Sale
FOR IMMEDIATE RELEASE CHATTANOOGA, Tenn., Dec. 9, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of CHI Memorial, a 17,837- square-foot medical office building in Chattanooga, Tennessee. The asset traded for $7.4 million, or $415 per square-foot. “Situated on a 1.39 acre-parcel, this LEED silver […]
News Release: $81 million investment will create 94 new jobs
Thursday, December 8, 2022 The Ritedose Corporation, a locally owned and operated pharmaceutical manufacturer, today announced plans to expand operations in Richland County. The company’s $81 million investment will create 94 new jobs. Founded in 1995, The Ritedose Corporation operates a state-of-the-art “blow-fill-seal” (BFS) facility, where liquid-pharmaceuticals are formulated, filled and packaged for distribution. For […]
Life Sciences: Are more LSRE investors willing to look farther afield?
The $213.3M acquisition of a Durham, N.C., agtech campus could be a sign of things to come By Murray W. Wolf DURHAM, N.C. – Although life sciences real estate (LSRE) has grown more mainstream in recent years, it is still viewed by many investors as an “alternative” asset class. Now, with investor demand for LSRE […]
News Release: Compass Surgical Partners, Bon Secours, Local Physicians Break Ground on Millennium Surgery Center
New Facility to Offer Outpatient Ortho, Spine & ENT Procedures Greenville, SC // December 8, 2022 –Compass Surgical Partners (Compass), Bon Secours, and local physicians broke ground on the Millennium Surgery Center this week. The new facility will offer orthopaedic, spine, and ENT procedures, along with robotic outpatient joint procedures. Historically, 100% of these surgeries […]
News Release: City of Vacaville (Calif.) approves Axiom Point, a new 375,000 SF biomanufacturing campus
Transwestern Project Expected to Attract Life Sciences Jobs to Area December 07, 2022 VACAVILLE, CALIF. – Transwestern Ventures (TWV), in partnership with Transwestern Real Estate Services (TRS), announces that the City of Vacaville’s Planning Commission has approved plans to develop Axiom Point, a 375,000-square-foot, state-of-the-art biomanufacturing campus. The new development will be located on 22.4 […]
News Release: Davis adds to growing MOB investment fund with $18 million purchase in Woodbury, Minn.
News Release With this most recent acquisition, the fast-growing Davis Medical Investors portfolio now includes 13 buildings totaling 567,356 s.f. with a total acquisition cost of $230 million MINNEAPOLIS and WOODBURY, Minn., Dec. 7, 2022 – Minneapolis-based Davis has acquired the two-story, 42,467 square foot Woodlake Medical Building in Woodbury, an east St. Paul suburb. […]
Feature Story: Behavioral health takes center stage
Demand is strong for services and facilities, but roadblocks are holding up development, according to panel at InterFace Healthcare conference By John B. Mugford NASHVILLE, Tenn. – As the country has dealt with the COVID-19 pandemic in recent years, behavioral health has become a national concern as more and more people struggle with a variety […]
News Release: Medcore Partners Has Been Awarded the Exclusive Leasing Assignment for Five Assets Totaling over 550,000 SF of Healthcare Realty’s Plano and Carrollton Portfolio
NEWS PROVIDED BY MedCore Partners Dec 06, 2022, 10:00 ET DALLAS, Dec. 6, 2022 /PRNewswire/ — MedCore Partners, LLC (“MedCore”) has been awarded the exclusive leasing assignment for Healthcare Realty’s (“HRT”) Plano/Carrollton portfolio consisting of more than 550,000 square feet across five medical assets. Kyle Libby, Michael Collins, and Thomas Byers will market the properties on […]
News Release: Texas Kicks Off Construction of New Psychiatric Hospital in Dallas
NEWS RELEASE Texas Health and Human Services Commission Cecile Erwin YoungHHS Executive Commissioner December 5, 2022 AUSTIN – The Texas Health and Human Services Commission, UT Southwestern Medical Center, and Children’s Health hosted a groundbreaking ceremony to celebrate the start of construction on the state’s newest psychiatric hospital in Dallas, The Texas Behavioral Health Center […]
News Release: Alcresta Therapeutics Announces Move to New Corporate Headquarters in Waltham, MA
Waltham, MA—December 5, 2022—Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel enzyme-based products, today announced that it has moved its corporate headquarters to the Stony Brook Office Park in Waltham, MA. The new facility will combine the company’s corporate office personnel, formerly headquartered in Newton, MA, and its research and […]
News Release: More Class A industrial space set for development in Johnston County
December 6, 2022 County Commissioners Approve Plan for Up To 295,000-Sq.-Ft. Spec Space in Benson Johnston County, N.C. – December 5, 2022. Johnston County’s inventory of high-quality industrial space is set to continue growing as E.D. Parker Corporation finalizes plans for a speculative building in Benson that will span from 275,000 square-feet to 295,000 square-feet. […]
News Release: Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs
Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs Investment further establishes the Kalamazoo, MI site as one of the most technologically advanced science facilities in the world, expanding access to Pfizer’s breakthrough medicines. LANSING, Mich., Dec. 5, 2022– Today Governor Gretchen Whitmer announced that Pfizer Inc. will be investing […]
News Release: Sold – Award-Winning Specialty Hospital & MOB – Wichita, KS
SOLD WICHITA, KANSAS AWARD-WINNING SPECIALTY HOSPITAL & ADJACENT MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of the award-winning Kansas Spine & Specialty Hospital (KSSH) and the adjacent medical office building (collectively, the Portfolio). Located in Wichita, KS, Kansas Spine & Specialty Hospital is […]
Life Sciences: Boston gives the OK to three big new LSRE developments
GI, Oxford and Marcus get approval for separate projects totaling more than 1.1 million s.f. By Murray W. Wolf Despite the recent slowdown in life sciences activity, Boston officials recently gave the green light to three big new life sciences real estate (LSRE) projects totaling more than 1.1 million square feet. During its Nov. 17 […]
