News Release: Alexandria Real Estate Equities, Inc. Celebrates 30 Years at the Vanguard and Heart of the $5 Trillion Secularly Growing Life Science Industry
PASADENA, Calif., Jan. 5, 2024 /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 mega campuses in AAA innovation cluster locations, today celebrates the 30th anniversary of its one-of-a-kind, once-in-a-generation company. Alexandria pioneered the novel Labspace® niche […]
News Release: Thomas Park Launches New Construction Services
ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park, a leading commercial real estate and management firm, today announced the official launch of Thomas Park Construction, a new service line specializing in high-quality general contracting and construction management services for commercial interior projects. Thomas Park Construction fills a critical gap in the market by offering its expertise exclusively to smaller-scale […]
News Release: Simone Development Announces Acquisition Office Building in the Heart of the North Yonkers Medical Mile
133,768-Square-Foot, Four-Story Property to be Repurposed Into State-of-the-Art Medical Space YONKERS, NY (January 4, 2024) — In a major medical redevelopment that will enhance the “Medical Mile” in North Yonkers, Simone Development Companies has acquired One Executive Boulevard, a 133,768-square-foot, 4-story office building located within 1/4 mile of 879,426 square feet of existing medical office […]
News Release: BioMed Realty Strengthens Leadership Team with Key Officer Promotions
PRESS RELEASE January 4, 2024 SAN DIEGO – January 5, 2024 – BioMed Realty (the “Company”), a leading provider of real estate solutions to the life science and technology industries, announced today the promotions of Tracy Letchworth, Ed McDonald and Kevin Vu to the role of Vice President. These promotions are a testament to the […]
News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley
Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 – ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]
News Release: XBiotech to Begin Constructing New R&D Facility on its 48-acre Campus
January 04, 2024 09:00 ET Source: XBiotech Inc. AUSTIN, Texas, Jan. 04, 2024 (GLOBE NEWSWIRE) — XBiotech Inc. today announced that it plans to expand it’s campus headquarters with the construction of a new, state-of-the-art research and development facility. XBiotech has received City of Austin approval to begin excavation for site preparation and groundwork is […]
News Release: Jackson Health Village trades for $24M
JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 – JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]
News Release: Medical Properties Trust Provides Update on Steward Health Care
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced plans to accelerate its efforts to recover uncollected rents and outstanding loan obligations from Steward Health Care System (“Steward”) and related processes designed to significantly reduce its exposure to Steward. As disclosed in the Company’s third quarter 2023 Form 10-Q, Steward […]
News Release: Big Sky Medical Acquires First Asset in Phoenix
DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) — Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center. This three-building medical and office campus spans over 252,000 rsf and is located in the affluent Deer Valley submarket proximate to the Honor Health Deer Valley Medical Center. Blackhawk […]
News Release: Medical Behavioral Hospital of Indianapolis trades
JLL Capital Markets represented Medistar in the sale of the 42,000-square-foot facility BOSTON, Jan. 3, 2024 – JLL Capital Markets announced today that it arranged the sale of the Medical Behavioral Hospital of Indianapolis, a 64-bed, 42,609-square-foot inpatient behavioral facility located in the fast-growing Indianapolis metro suburb of Greenwood, Indiana. JLL worked on behalf of the […]
News Release: Larken Associates Welcomes Pediatric Therapy Center to Princess Road Office Park in Lawrenceville, N.J.
49,094-square-foot property is now 100% leased Lawrenceville, N.J. (January 3, 2024) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a lease with Sovereign Care Services for a 5,384-square-foot medical office space, bringing Princess Road Office Park located at 4 Princess Road in Lawrenceville, N.J. to full […]
News Release: UCLA acquires L.A.’s former Westside Pavilion to transform empty mall into the UCLA Research Park
UNIVERSITY NEWS With the acquisition, UCLA will create an engine of innovation, discovery and economic growth for Southern California and beyond. UCLA Newsroom | January 3, 2024 Key takeaways The UCLA Research Park will occupy the former mall site, a 700,000-square-foot property 2 miles from the Westwood campus. The research park will house the California […]
News Release: 2023 HREI Insights Awards Finalists announced
FOR IMMEDIATE RELEASE 11th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Jan. 3, 2023 – HREI is pleased to announce the finalists of the 2023 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The […]
News Release: Ci Celebrates 14 Years of Architectural Excellence, Looks Back at 2023 Successes
BALTIMORE–(BUSINESS WIRE)–Join us in celebrating 14 years in business at Ci, an award-winning architecture firm that grew from two offices in Baltimore and Boston to a thriving company with five office locations and over 100 employees across multiple disciplines. “We are thrilled to be part of shaping the way people live, work and play across […]
News Release: USA Health marks opening of West Mobile (Ala.) Medical Office Building
GENERAL NEWS New medical office building expands services offered to patients at USA Health West Mobile campus. Published Jan 2nd, 2024 By Michelle Ryan mryan@health.southalabama.edu USA Health celebrated the official opening of the Medical Office Building on its West Mobile Campus on Dec. 19, 2023. The campus also is the site of a freestanding emergency […]