News Release: MilliporeSigma Invests More than € 300 Million in New Life Science Production Site in Korea
Site to supply products to customers for development and production of biologics New Bioprocessing Production Center in Daejeon strengthens company’s footprint in fast-growing Asia-Pacific region Investment to create up to 300 additional jobs BURLINGTON, Mass.–(BUSINESS WIRE)–MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, invests more than €300 million into a […]
News Release: Gila Cohen Joins Vanbarton Group as Partner and Chief Investment Officer
NEW YORK, New York (March 20, 2024) – Vanbarton Group, a vertically integrated boutique real estate investment firm, is pleased to announce the appointment of Gila Cohen as Partner and Chief Investment Officer. With nearly three decades of experience building businesses and implementing investment strategies, Ms. Cohen brings a wealth of expertise to the Vanbarton […]
Cover Story: DOC-PEAK merger combines the ‘best’ REIT balance sheets
Top officers Scott Brinker and John Thomas say the deal offers ‘great upside’ By John B. Mugford and Murray W. Wolf The March 1 closing of the merger between Denver-based Healthpeak Properties Inc. and Milwaukee-based Physicians Realty Trust created a healthcare and life sciences real estate investment trust (REIT) valued at nearly $21 billion. Behind […]
News Release: McLaren Greater Lansing (Mich.) increases access to care, announces $40 million Grand Ledge freestanding emergency department, medical office building
MARCH 19, 2024 McLaren Greater Lansing, part of statewide McLaren Health Care, has announced its plans to expand further into the community, enhancing patients’ access to health care services with the construction of ambulatory care campus in Grand Ledge. The nearly $40 million construction will be anchored by a freestanding emergency department and include additional […]
Feature Story: He helped establish the HRE sector
‘Retirement’ is a misnomer for MOB monetization pioneer Todd W. Lillibridge By John B. Mugford Back in 1990, a rather young man who was involved in commercial real estate decided to form a new business focused on a niche asset class that, to that point in time, really did not exist. The rest, as they […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Acquire Campus-adjacent Medical Building in Atlanta Metro
NEW YORK, New York (March 19, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of a campus-adjacent medical office building in Decatur, Georgia. The 11,055 square foot property is leased to Resurgens Orthopaedics, the largest privately held orthopedic practice in Georgia. The building was completely renovated in 2023 as clinical medical […]
News Release: Montecito acquires Wisconsin portfolio
Montecito acquires medical office portfolio in Milwaukee area Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in the Milwaukee suburb of Germantown, Wisconsin. The two adjacent properties, which encompass a total of 92,573 square feet, are 100% occupied by Advocate Aurora Health. “We are excited to acquire these two […]
For Sale: Abbott Northwestern-WestHealth – Trophy 3-Building Outpatient Campus Anchored by Allina Health (Plymouth, Minn.)
ABBOTT NORTHWESTERN-WESTHEALTH Minneapolis-St. Paul MSA CBRE TROPHY 3-BUILDING OUTPATIENT CAMPUS ANCHORED BY Alina Health (Moody’s: Al) The Offering CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire the leasehold interest in Abbott Northwestern-WestHealth (the “Property”). The Property is a 3-building, trophy outpatient campus comprised of 200,960 square feet. The three […]
News Release: Two-property portfolio in Rancho Bernardo trades for $30.8M
JLL Capital Markets facilitates the sale of the ~90,000-square-foot portfolio SAN DIEGO, Mar. 18, 2024 – JLL Capital Markets announced today that it arranged the $30.8 million sale of a premier R&D/Lab portfolio in Rancho Bernardo in San Diego, California. JLL worked on behalf of the seller, Montana Avenue Capital Partners, LLC, and procured the buyer, […]
News Release: Butterfly Pavilion and BioMed Realty Join Forces to Cultivate Biodiversity at Flatiron Park in Boulder, Colorado
March 18, 2024 – Butterfly Pavilion, the first Association of Zoos and Aquariums (AZA)- accredited, stand-alone, non-profit invertebrate zoo in the world and BioMed Realty, a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, announced today a partnership to develop and enhance pollinator habitat in BioMed […]
News Release: SCHOTT Pharma to Expand in the U.S. with New Prefillable Syringe Manufacturing Facility in Wilson, North Carolina
MONDAY, MARCH 18, 2024, MAINZ, GERMANY — With $371 million investment, new site to add over 400 jobs to the region First U.S. manufacturing facility to fill demand for domestic supply of glass and polymer prefillable syringes that deliver mRNA, GLP-1, and other therapies. SCHOTT Pharma, a pioneer in pharmaceutical drug containment solutions and delivery […]
News Release: Gilbane Building Company Names Jeff Lewis as Business Leader for Raleigh Durham Market
NEWS PROVIDED BY Gilbane Building Company Mar 17, 2024, 17:00 ET Lewis’s promotion is part of Gilbane’s strategic growth plans in North Carolina RALEIGH, N.C., March 17, 2024 /PRNewswire-PRWeb/ — Gilbane Building Company announced the promotion of Jeff Lewis as Business Leader for the Raleigh, North Carolina office. This strategic move aligns with Gilbane’s 2024 […]
News Release: Anchor Health Properties Marks Construction Commencement of a 20,000 SF Ground Up Development in the Atlanta MSA
ATLANTA, Mar. 15, 2024 — Furthering the company’s nearly one million square foot presence in the greater Atlanta MSA, Anchor Health Properties, a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has commenced construction on a single story, 20,626 square foot medical outpatient building in Lawrenceville, Georgia. […]
News Release: Breakthrough Properties Welcomes Pfizer Oncology to Torrey View Campus; Announces Important New Collaboration with Pfizer Ignite
Long-Term Lease Brings Breakthrough’s 520,000-Square-Foot Premier Research and Development Campus to 100% Leased Prior To Construction Completion Breakthrough Properties, a leading global life sciences real estate developer, owner and operator, is pleased to welcome Pfizer Oncology to Torrey View, its premier life science campus quickly nearing completion in San Diego. As part of a 15-year, […]
News Release: JLL tapped to lease new healthcare and life sciences development site within mixed-use conversion project in Tampa
The commercial property conversion will encompass 1.1 million square feet, including the ability to accommodate 500,000 square feet slated for build-to-suit in Tampa’s Uptown District. Tampa, FL, March 13, 2024 – JLL announced today that the firm’s Central Florida Healthcare Practice Group has been selected to lease RITHM, the approximately 100-acre, mixed-use urban development focused […]
