News Release: Colliers facilitates the sale of a multi-tenant medical office building in West Palm Beach for $8.25M
Colliers represented the buyer and seller in the sale of the 44,870-square-foot property. WEST PALM BEACH, FL, December 31, 2023 – Colliers is pleased to announce the sale of West Palm Medical Plaza for $8.25 million. The property is located at 4700 N Congress Avenue on a 5.11-acre parcel along a major north-south thoroughfare in […]
Life Sciences: The top stories and trends of 2023
After this year’s slowdown, LSRE professionals have high hopes for 2024 By Murray W. Wolf NATIONAL – In looking back on the year in life sciences real estate (LSRE), 2023 was obviously The Year of the Slowdown. We have not yet closed the books on 2023, so we don’t have final data. But it looks […]
News Release: Just Closed Naples Downtown 5th Ave., Olde Naples, FL Medical Office – Mike Rivera
Just Closed: Mike Rivera, from Saggio Realty’s commercial brokerage division in Naples, FL, has recently completed and closed a sale for a medical office building at the prestigious 5th Ave. shopping District in Olde Naples, Florida for $1.6 million. Naples, FL, December 29, 2023 –(PR.com)— Just Closed: Mike Rivera, from Saggio Realty’s commercial brokerage division in […]
News Release: Gov. Kemp: Medical Device Manufacturer Gerresheimer Expands in Peachtree City (Ga.)
DECEMBER 21, 2023 Atlanta, GA – Governor Brian P. Kemp today announced that Gerresheimer, a manufacturer for the pharma and life science industry, will invest more than $88 million in expanding its manufacturing operations in Peachtree City, creating over 200 new jobs for Fayette County. “This project is a prime example of the exciting growth […]
News Release: CBRE Closed Transaction | 100% Leased R&D Life Sciences Facility – 701 Veterans Circle, Warminster, PA
Recently Closed Transaction 701 Veterans Circle Warminster, Pennsylvania Closed Deal Summary CBRE is proud to announce the sale of 701 Veterans Circle, a 35,155 square foot, research and development lab facility located in Bucks County, Pennsylvania in the Philadelphia suburbs. The Property is 100% NNN-leased to Arbutus Biopharma and serves as the company’s global headquarters […]
News Release: Hatch BioFund Announces New Partnership with Brandywine Realty Trust
The collaboration will support the advancement of life sciences companies in Greater Philadelphia December 20, 2023 10:10 AM Eastern Standard Time PHILADELPHIA–(BUSINESS WIRE)–Hatch BioFund Management LLC (“Hatch BioFund”), an early- stage life sciences venture capital firm headquartered in the Philadelphia region, and Brandywine Realty Trust (“Brandywine”), one of the largest, publicly traded, full-service, integrated real […]
News Release: Healthpeak Properties Receives Entitlements for an Additional 1.3 Million Square Feet of Development at the Vantage Campus in South San Francisco
December 19, 2023 04:15 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced it has received approval of entitlements for Phases II and III of its purpose-built lab development campus, Vantage, in South San Francisco. “Inspired by […]
News Release: Big Sky Medical Secures Unanimous Approval from Dallas City Council for Rezoning of Pyramids South Tower to Accommodate Medical Tenancy
FOR IMMEDIATE RELEASE Dallas, TX – December 13, 2023. In a significant milestone for healthcare real estate, Big Sky is thrilled to announce the unanimous approval from the Dallas City Council for the rezoning of Pyramids South Tower, marking a pivotal move to include medical tenancy within this iconic structure. The original building was intended […]
Cover Story: Good tidings from the Fed
HREI board members are encouraged by the potential for rate cuts in 2024 By John B. Mugford With just one announcement, the outlook for the healthcare real estate (HRE) sector – and much of the business world – has changed drastically. That announcement, of course, came last Wednesday, Dec. 13, when U.S. Federal Reserve Chair […]
News Release: JUST CLOSED: Professional Building I | Dallas, TX | 44,045 SF
JLL Investment Advisory JLL Medical Properties Group Capital Markets Just Closed: Professional Building I | Dallas, Texas JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Professional Building I, a four story, 44,045 square foot outpatient medical office building located on the campus of the 218-bed White Rock Medical Center in […]
News Release: TriPost Capital Partners Makes Strategic Investment in South Duvall
NEWS PROVIDED BY South Duvall, Inc 19 Dec, 2023, 10:00 ET NEW YORK, Dec. 19, 2023 /PRNewswire/ — Rockville, MD-based South Duvall announced today that the company has secured a strategic investment from TriPost Capital Partners (TriPost). The capital investment from TriPost will allow South Duvall to further scale its acquisition activities and solidify its […]
News Release: Hines Global Income Trust Acquires The IBM 500 Campus In Durham, North Carolina
DECEMBER 18, 2023 (DURHAM, NC) – Hines, the global real estate investment, development, and property manager, announced that Hines Global Income Trust, Inc. (“HGIT”) has acquired the IBM 500 Campus, a 774,000 square-foot property located at 4205 South Miami Boulevard, Durham, North Carolina. Terms were not disclosed. The acquisition expands HGIT’s presence in the region […]
News Release: Just Financed – Ionis Carlsbad Build-to-Suit
Capital Markets | Healthcare & Life Sciences Just Financed State-of-the-Art Life Sciences Campus 100% Build-to-Suit CBRE Transaction Highlights Construction Facility: $136 Million Date Closed: 11/29/2023 Total Size: 164,757 SF Tenant Occupancy: 100% Ionis Carlsbad Build-to-Suit | Carlsbad, CA CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of Ionis Carlsbad Build-to-Suit (the “Property”), […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Dallas, Texas
FOR IMMEDIATE RELEASE December 18, 2023 Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the acquisition of a medical office building located at 1151 North Buckner, Dallas, Texas. The Professional Building I is an on-campus four story, 44,045 square foot […]
News Release: Fennelly Associates Negotiates Three Mercer County Medical Office Leases
For Immediate Release Robbinsville, N.J., West Windsor, N.J. and Hamilton, N.J. (December 18, 2023) – Fennelly Associates, one of New Jersey and Pennsylvania’s most experienced and successful independent full-service commercial real estate service providers, announces it has negotiated a 6,770-square-foot lease with Penn Medicine Becker ENT and Allergy at Washington Town Center in Robbinsville, N.J., […]
