News Release: Seattle’s Newest Life Sciences Building 222 Fifth Tops Out

Seattle, WA November 15, 2023 Members of the project’s general contractor, MEP, and supporting builders stand atop 222 Fifth. The Seattle Space Needle is in the background CBRE today announced that 222 Fifth, a 10-story, 197,919 square foot life sciences facility in South Lake Union has topped out. In a ceremony held on November 9th, […]

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire RUSH Oak Brook Medical Center

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire RUSH Oak Brook Medical Center

The 93,386-square-foot, Class-A+ medical center is located in the affluent western suburbs of Chicago CHICAGO, November 15, 2023 – Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate announced the acquisition of the 93,386-square-foot, LEED Gold-certified RUSH Oak Brook Medical Center in the Chicago suburb of Oak Brook. The three-story medical office building […]

News Release: Hoffman & Associates and Experience Senior Living Announce The Reserve at Falls Church, A Dynamic Senior Community Coming to West Falls

News Release: Hoffman & Associates and Experience Senior Living Announce The Reserve at Falls Church, A Dynamic Senior Community Coming to West Falls

NEWS PROVIDED BY Experience Senior Living 14 Nov, 2023, 12:00 ET Today, Hoffman & Associates, a nationally-recognized leader in mixed-use and residential development, and Experience Senior Living (ESL), a full-service, vertically integrated senior living owner, developer and operator, announced that the 200+ unit, 15-story senior living community at West Falls, will be called The Reserve […]

The development panel at the recent InterFace HRE conference in Nashville, Tenn., included (from left to right): moderator Lacie Simonton of Choate Construction, Joe Fogarty of Healthcare Realty Trust, Henry Johnson of Freese Johnson, Alan Jenkins of Meadows & Ohly and Matt Mattox of Oman-Gibson Associates.
Photo courtesy of InterFace Conference Group

Feature Story: Some bright spots remain in HRE development

InterFace panelists say clients in growing markets see the need for new facilities By John B. Mugford With interest rates and construction costs on the rise, some health systems and other providers have put planned development projects on the back burner, hopefully temporarily. On the other hand, many systems and perhaps larger physician groups that […]

News Release: Welltower Issues Business Update

News Release: Welltower Issues Business Update

NEWS PROVIDED BY Welltower 13 Nov, 2023, 16:05 ET TOLEDO, Ohio, Nov. 13, 2023 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/november2023-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The […]

Some recent life sciences industry employment and funding data is encouraging, according to the speakers during this week’s Revista’s LSRE webcast.
BREI photo

Life Sciences: Employment and funding showing hopeful signs

Revista webcast suggests that leading indicators are promising for LSRE NATIONWIDE – Faced with a challenging life sciences real estate (LSRE) market with no clear end in sight, it’s understandable that many industry professionals are worried – especially Millennials who haven’t been through this kind of slowdown before. Fortunately, both history and hard data suggest […]

Fuse at Mason Square construtcion tour. Photo by Evan Cantwell/George Mason University

News Release: Anticipation Builds as Fuse at Mason Square Reaches Major Construction Milestone

November 9, 2023 ARLINGTON, Virginia – On Friday, November 3, George Mason University, development consortium Mason Innovation Partners, and contractor Clark Construction Group brought together university researchers, faculty, staff, industry leaders, and project partners to commemorate the achievement of a major construction milestone – the building’s structural topping out. The day-long celebration began withan event […]

News Release: Ascential Technologies Facilitates Reshoring in Medical & Life Science Manufacturing with New State-of-the-Art Facility

News Release: Ascential Technologies Facilitates Reshoring in Medical & Life Science Manufacturing with New State-of-the-Art Facility

NEWS PROVIDED BY Ascential Technologies 08 Nov, 2023, 09:00 ET Opening of Blaine, MN facility follows White House designation of Minnesota as MedTech Hub, ribbon cutting on November 20 GRAND RAPIDS, Mich., Nov. 8, 2023 /PRNewswire/ — To help customers revitalize global supply chains through reshoring, Ascential Technologies today announced an expansion of its capabilities […]

News Release: Avison Young represents Virginia Hospital Center in purchase of 145,000-SF office property

News Release: Avison Young represents Virginia Hospital Center in purchase of 145,000-SF office property

NOVEMBER 7, 2023 3601 Eisenhower Avenue will serve as outpatient surgery center and office space Tysons, VA – Today Avison Young announced the closing of 3601 Eisenhower Avenue in Alexandria, VA on behalf of the buyer, Virginia Hospital Center (VHC). VHC intends to use the  approximately 145,000-square-foot (sf) office property as an outpatient surgery center […]

The provider panel at the recent Colliers healthcare conference comprised moderator Adam Schindler of Colliers, Meghan Roy of Unified Women's Healthcare, Allison Wilson-Maher of Penn Medicine, Ron Brown of Medxcel and Chuck Harbison of National Cardiovascular Partners. (HREI™ photo)

Feature Story: Post-pandemic growth prospects

Providers at Colliers conference talk about hardship and strategies By John B. Mugford Coming out of the COVID-19 pandemic has been difficult for health systems and providers of all types, with growth taking a back seat to survival. “If you look back at the 2020 to 2022 timeframe, it was kind of slow for us […]

Life Sciences: ‘Increasing demand’ and ‘vast opportunities’

Life Sciences: ‘Increasing demand’ and ‘vast opportunities’

Alexandria executives conveyed upbeat messages during their Q3 earnings call By Murray W. Wolf PASADENA, Calif. – Despite “a de facto recession,” a “self-inflicted inflationary and high interest rate environment” and “too much stupid supply,” particularly in the South San Francisco market, the nation’s largest owner of life sciences real estate (LSRE) says concerns about […]

News Release: Global Pharmaceutical Company to Invest and Expand Operations

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

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

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

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 […]