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Feature Story: MOB pricing has stabilized, but deals are few

InterFace panel says buyer and seller pricing expectations have narrowed By John B. Mugford Well, it seems there is both good news, albeit a somewhat small amount, and bad news – a pretty big, significant chunk of bad news, actually – concerning the current state of medical office building (MOB) investing. The good news is […]

A rendering of 1334 York Ave., close to Weill Cornell Medicine's main campus building at 1300 York Ave. Credit: SOM

News Release: Weill Cornell Medicine to Open Medical Research Center at 1334 York Avenue

Institution’s Research Expansion Will Help Accelerate Innovation in Medicine, Delivering Advanced Treatments and Therapies to Patients NEW YORK (Nov. 28, 2023)—Weill Cornell Medicine is dramatically expanding its campus and research footprint in New York City by securing five floors of 1334 York Ave., the current home of Sotheby’s auction house, the institution announced today. Located […]

News Release: Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego

News Release: Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego

Alexandria and Lilly, which began their strategic relationship in 2008, are collaborating to support and accelerate the development of promising early-stage companies in the growing San Diego life science ecosystem PASADENA, Calif., Nov. 28, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of […]

News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego

News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego

November 28, 2023 Scheduled to open in the first half of 2024, Lilly’s new Gateway Labs location, in partnership with Alexandria Real Estate Equities, will feature a world-class, state-of-the-art lab facility to support early-stage scientific entrepreneurs and companies INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) today announced plans to open […]