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News Release: Global Pharmaceutical Company to Invest and Expand Operations
November 3, 2023 [Joint news release with Raleigh Economic Development and Wake County Economic Development] Indivior Inc., a global pharmaceutical company pioneering life-transforming treatment for substance use disorders and other serious mental illnesses, will invest and expand operations for a sterile pharmaceutical production facility at 8900 Capital Blvd. in Raleigh. Indivior currently plans to retain […]
News Release: Illinois Tech Grows Research Footprint, Securing Prime Space at TCC’s Fulton Labs
CHICAGO, IL As the first academic institution in this cutting-edge facility, Illinois Tech will foster robust collaboration with industry leaders, harnessing state-of-the-art labs to drive innovative solutions and growth November 2, 2023 Illinois Institute of Technology (Illinois Tech) has leased approximately 34,295 square feet in Trammell Crow Company’s (TCC) Fulton Labs innovation hub, announced today […]
News Release: Savills Strengthens San Diego Presence and Expands West Coast Life Sciences Capabilities with Addition of Elite Team and New Market Leader
SAVILLS NEWS 01 NOVEMBER 2023 Shane Poppen, Craig Knox, and Zach Millrood will significantly bolster the firm’s tenant advisory capabilities across sectors, including life sciences; Poppen named as San Diego market leader SAN DIEGO (November 1, 2023) – Savills is significantly bolstering its presence in San Diego, while simultaneously expanding the reach of its North […]
News Release: Fuse at Mason Square hits construction milestone
November 1, 2023 / By Damian Cristodero George Mason University’s new Fuse at Mason Square destination in Arlington will reach a major milestone this month with the “topping out” of what will become a 345,000-square-foot collaborative and digital innovation space in the heart of the Rosslyn-Ballston corridor. A “topping out” is commemorated when the structural […]
News Release: OU Health Breaks Ground on New Children’s Behavioral Health Center
Nov 1, 2023 OU Health broke ground and kicked off a capital fundraising campaign Wednesday, Nov. 1, for a new pediatric Behavioral Health Center, an innovative facility where Oklahoma youth will receive the highest quality of treatment and support for mental and behavioral health conditions. The facility, called the Oklahoma Children’s Hospital OU Health Behavioral […]
News Release: Breakthrough Properties Breaks Ground in Heart of Oxford’s Life Science Innovation Cluster, Addressing Growing Demand for Cutting-Edge R&D Facilities
NEWS PROVIDED BY Breakthrough Properties 01 Nov, 2023, 09:00 ET U.K. Life Science Sector Expected to Grow by Nearly £9 Billion in the Next Three Years OXFORD, England, Nov. 1, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, held groundbreaking events in October to herald the start of construction of […]
News Release: CBRE Tapped to Lease Trammell Crow Company’s McMillan Center for Health & Research Development
WASHINGTON, DC CBRE is the Exclusive Leasing Agent for 900,000 Square Feet of Healthcare and Life Sciences Facilities in Washington, D.C. October 31, 2023 CBRE was selected as the exclusive leasing agent for The McMillan Center for Health & Research, a health, wellness, and research campus. The McMillan Center is a critical component of the […]
Feature Story: Despite slow MOB sales, HRE-MOB is a good place to be
Q3 data from Revista indicates occupancy rates and demand for space are strong By John B. Mugford As noted in a short report in last week’s edition of HREI, medical office building (MOB) sales volume in the third quarter (Q3) was $1.1 billion – the lowest quarterly dollar volume since Revista began compiling such information […]
News Release: Healthpeak Properties Reports Third Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
Healthpeak Properties Reports Third Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock October 30, 2023 07:00 AM Eastern Daylight Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the third quarter ended September 30, 2023. THIRD […]
Feature Story: Underwriting is the name of the game in HRE investing
Panelists at Colliers healthcare conference share their strategies in current market By John B. Mugford It was just a couple of years ago that the medical office building (MOB) sales sector was in the midst of a decades-long hot streak. Debt was flowing for almost anything healthcare-related. Portfolio sales were all the rage. Value-add deals […]
News Release: Montecito Medical Acquires Women’s Health Office Property in Minnesota
October 24, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 32,711-square-foot medical office building in Woodbury, MN. The building is home to Minnesota Women’s Care, a leading specialty group in the Twin Cities area. “We are very pleased to acquire this outstanding […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 3Q23 and YTD 3Q23 Net Income per Share – Diluted of $0.13 and $1.08, respectively
Alexandria Real Estate Equities, Inc. Reports: 3Q23 and YTD 3Q23 Net Income per Share – Diluted of $0.13 and $1.08, respectively; and 3Q23 and YTD 3Q23 FFO per Share – Diluted, As Adjusted, of $2.26 and $6.69, respectively NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 23 Oct, 2023, 16:10 ET PASADENA, Calif., Oct. 23, 2023 […]
News Release: Life Sciences Real Estate Development Market Expected To Rise Significantly From 2023-2030
Press release Life Sciences Real Estate Development Market Expected To Rise Significantly From 2023-2030 | Top Players: Welltower, HCP, Inc., Ventas, ProMedica 10-20-2023 12:14 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Worldwide Market Reports Life Sciences Real Estate Development Market The Life Sciences Real Estate Development Market, where demand is […]
News Release: Just Closed: Naperville MOB Portfolio Portfolio | Naperville, IL | 69,021 S.F.
JLL Investment Advisory Medical Properties Group Capital Markets Just Closed: Naperville MOB Portfolio Naperville, IL JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of the Naperville MOB Portfolio comprised of two, off-campus, medical office buildings totaling 69,021 square feet with an average occupancy of 88%. Both buildings are located in the […]
News Release: Alexandria Real Estate Equities, Inc. Launches Creation of a First-of-Its-Kind Commercial Life Science Ecosystem in The Woodlands, Greater Houston
Alexandria Real Estate Equities, Inc. Launches Creation of a First-of-Its-Kind Commercial Life Science Ecosystem in The Woodlands, Greater Houston With the Grand Opening of the Alexandria Center for Advanced Technologies, a Highly Amenitized, Transit-Friendly, Cost-Effective Class A Laboratory Campus NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 19 Oct, 2023, 08:30 ET Purpose-built to drive innovation […]