News Release: Phoenix Designates Park Central, Midtown Phoenix as Newest Bioscience Hub
Phoenix Medical Quarter, Global Advancement of Health and Education PHOENIX (April 12, 2023) – In her State of the City address on April 12, Phoenix Mayor Kate Gallego announced that Park Central and midtown Phoenix have been designated as the newest Bioscience Hub in the community, known as the Phoenix Medical Quarter, Global Advancement of […]
News Release: Just Closed – 3rd Street Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Trophy Medical Office in Downtown LA CBRE Transaction Highlights Date Closed: 3/31/2023 Size: 147,078 SF Occupancy: 100% 3rd Street Medical Center | Los Angeles, CA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of 3rd Street Medical Center (the “Property”), […]
News Release: Newmark Facilitates Recapitalization of 15 Necco Street in Boston, Massachusetts
FOR IMMEDIATE RELEASE In the largest single-building life science transaction in the U.S. year-to-date 2023*, an Alexandria Real Estate Equities, Inc. affiliate and National Development transferred a partial interest in a Class A life science development to Mori Trust Boston, MA (Apr. 12, 2023) — Newmark has arranged the recapitalization of 15 Necco Street, a […]
News Release: Fennelly Associates Negotiates $11 Million Medical Office Portfolio Sale
April 12, 2023 Completed transactions mark the conclusion of 33-year relationship between the firm and Neuman family Hamilton, N.J. (April 12, 2023) – Fennelly Associates announces the $8M sale of 3575 Quakerbridge Road, a 59,000-square-foot medical office building in Hamilton, N.J. and the $3.1M sale of 72,500 square feet of medical office condos at White […]
News Release: Cross Region Group Breaks Ground On Duval Station
Medical and retail center coming soon to North Jacksonville JACKSONVILLE, Fla. (April 12, 2023) – Cross Regions Group, a multifaceted company specializing in commercial real estate services, proudly announces construction is underway at Duval Station, a mixed-use development offering more than 100,000 square feet of professional and medical offices and retail space on 9 acres […]
News Release: Barings Closes Inaugural Innovation and Growth Real Estate Fund at $680 Million
Latest fundraise expands Barings’ $13.1+ billion* U.S. real estate equity platform April 12, 2023 12:00 PM Eastern Daylight Time CHARLOTTE, N.C.–(BUSINESS WIRE)–Barings, one of the world’s largest diversified real estate investment managers, today announced the successful close of its inaugural Barings Innovation and Growth Real Estate Fund (“BIG”) and associated vehicles at $680 million, surpassing […]
News Release: Pinecroft Realty announces executive leadership transition
The Woodlands, Texas, April 12, 2023 – Pinecroft Realty, a boutique commercial real estate company specializing in healthcare real estate development and investment, announces the promotion of Jim Pisula to President and Chief Executive Officer. He previously served as Chief Investment Officer and Partner and for the past 15 years played a leading role in […]
People: Five questions for Erik Tellefson of Capital One
Firm’s HRE lending unit leader discusses the economy, interest rates, loan volume and more By Murray W. Wolf HREI learned last week that one of the healthcare real estate (HRE) industry’s best-known professionals, Erik Tellefson of Capital One, was recently named to an expanded role as senior managing director, head of HRE Lending. Mr. Tellefson […]
News release: Newly renovated 411 N. Washington (Dallas) experiences surge in new healthcare tenants
Transwestern Provides Leasing Services for Former Landry Tower (APRIL. 12, 2023 – DALLAS) – Transwestern Real Estate Services (TRS) announces the recently renovated and rebranded 411 N. Washington Ave., formerly known as Landry Tower, leased more than 50,000 square feet in recent months, with four new tenants committing to the building. Notable leases and expansions […]
News Release: SMH-Venice Celebrates Topping Out of New Patient Tower
SARASOTA, Fla. – (April 12, 2023) – Sarasota Memorial celebrated a major milestone in the construction of a new, 5-story patient tower on its Venice campus. The “topping out” ceremony, a longstanding tradition that signifies work has reached the maximum height and, typically, the half-way point of construction. When complete next year, the patient tower […]
News Release: Alexandria Real Estate Equities, Inc. Closes Strategic Partial Interest Transaction for 15 Necco Street in the Seaport Innovation District of Greater Boston
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Apr 12, 2023, 08:30 ET PASADENA, Calif., April 12, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations with an asset base in […]
News Release: GI Partners Announces Acquisition of 12800 Culver Boulevard for its Essential Tech + Science Fund
NEWS PROVIDED BY GI Partners Apr 12, 2023, 07:30 ET The “ETS Fund” acquires and operates data centers, life sciences labs, and “Always On” technical operations and research facilities SCOTTSDALE, Ariz., April 12, 2023 /PRNewswire/ — GI Partners, a leading private alternatives investment firm, has announced the acquisition of 12800 Culver Boulevard in Los Angeles, […]