News Release: Incyte Expands Presence in Delaware through Acquisition of Two Downtown Wilmington Office Buildings
WILMINGTON, Del.–(BUSINESS WIRE)–Incyte (Nasdaq:INCY) today announced the expansion of its presence in Delaware with the acquisition of two buildings at 1100 North King Street and 1100 North French Street in downtown Wilmington. This acquisition marks Incyte’s fourth expansion in Delaware since establishing operations in Alapocas in 2014. The new buildings will allow the Company’s U.S.-based […]
News Release: Longfellow Delivers Major Upgrades At San Mateo Science Center
San Mateo, CA (May 21, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, reaffirmed its support of the life science industry throughout the Bay Area and Peninsula region with the delivery of its San Mateo Science Center campus. Acquired by Longfellow in 2021, […]
Life Sciences: Lyra Therapeutics Announces Cost-Cutting Measures To Preserve Capital
WATERTOWN, Mass., May 21, 2024 (GLOBE NEWSWIRE) — Lyra Therapeutics, Inc. (Nasdaq: LYRA) (“Lyra” or the “Company”), today announced that it is advancing its goal to preserve capital by implementing a layoff of approximately 75% of its workforce, in addition to other cost-cutting measures. In the near term, Lyra Therapeutics will focus on the two […]
Thought Leaders: MOB Investment Activity Falls in Q1; Rental Rates Continue to Climb | Q1 2024 U.S. Medical Outpatient Buildings Figures
Figures | Medical Outpatient Buildings | Q1 2024 MOB Investment Activity Falls in Q1; Rental Rates Continue to Climb CBRE RESEARCH | MAY 2024 ⇩ 1.6 B Sales Volume ⇧ 7.0% Average Cap Rate ⇩ -0.1 MSF Net Absorption ⇧ 9.7% Vacancy Rate Note: Investment volume referenced in this report is compiled using the MSCI […]
Feature Story: What about the boilers?
Capital-constrained systems face competing priorities, BOMA panel says By John B. Mugford Sure, health systems throughout the country still want to build the brightest, shiniest, trophy facilities that not only attract patients but provide them with great experiences and keep them coming back. But then again, there are boilers that need to be repaired or […]
News Release: Maugel DeStefano Architects Designs 50,000 SF Medical Office Building for Boston Development Group
Maugel DeStefano Architects, an award-winning architectural firm that shapes exceptional designs for healthcare, labs, biotech, industrial, multifamily, commercial, and custom residential homes across the Northeastern United States, announced the firm has designed a new medical office building in Needham, Mass for Boston Development Group. The site at 629-661 Highland Avenue will feature a modern […]
News Release: Baystate Health to build new, state-of-the-art community health center with landmark donation and support from MassMutual
Centrally located, comprehensive facility to improve access to quality healthcare for adult and pediatric patients in Greater Springfield region Springfield, Mass. — In an effort to improve health equity and meet the growing needs of the Springfield community, Baystate Health today announced a plan to build a comprehensive community health center in the heart of […]
