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: 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 […]
News Release: Pace® Life Sciences Acquires New Jersey Laboratory from Curia
Former Whitehouse Analytical Laboratory is Now Part of the Pace® Laboratory Network Minneapolis, MN [March 14, 2024] Pace® Life Sciences, LLC, a contract development, and manufacturing organization (CDMO), announced today that it has acquired the Lebanon, New Jersey laboratory facility (formerly Whitehouse Analytical Laboratories) from Curia, a global contract research, development, and manufacturing (CDMO) company. […]
News Release: Capitalization arranged for a conversion for biomanufacturing/advanced manufacturing facility in Boulder County, Colorado
JLL Capital Markets represented the joint venture between Vitrian and Koelbel and Company in this transaction WASHINGTON, D.C., Mar. 14, 2024 – JLL Capital Markets announced today that it represented the joint venture between Vitrian and Koelbel and Company to raise equity for the Centennial Valley Innovation Center, the conversion of a vacant, former home improvement […]
News Release: Newmark Awarded Exclusive Leasing Assignment on Behalf of Colorado Health & Tech Centers
Newmark announces it has been awarded the exclusive leasing assignment on behalf of Colorado Health & Tech Centers (CHTC) for 5800 South Quebec Street – a 175,000-square-foot, Class A office campus in Greenwood Village. The innovation hub offers build-to-suit workspaces for biotechnology, technology, medical office and laboratory operations. Newmark Director Jon Tilton and Associate Director […]
News Release: ADA Forsyth to relocate to 100 Chestnut in Somerville in January 2025
The oral health research institute expects to double in size over the next 5 years, bringing new jobs to MA in life and data sciences Cambridge, Mass., 3/13/2024 – The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025. […]
Life Sciences: What are LSRE lenders looking for?
Cash-flowing, core-type assets are king these days, RevistaLab panelists say By Murray W. Wolf PASADENA, Calif. – Getting financing for a life sciences real estate (LSRE) deal was relatively easy in 2020 and 2021. Whether for acquisitions, new development or conversions – even entirely speculative projects – life sciences was red hot, and lenders lined […]
News Release: First Citizens Bank Provides $1 Million Line of Credit to MC Nutraceuticals
RALEIGH, N.C., March 5, 2024 /PRNewswire/ — First Citizens Bank today announced that its Cannabis Banking business provided a $1 million working capital line of credit to MC Nutraceuticals, one of the largest global suppliers of hemp-derived cannabinoids. Founded in 2019, MC Nutraceuticals uses ecommerce to distribute 42 hemp-derived products to a diverse client base across […]
News Release: Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension
Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension With Longstanding Credit Tenant Takeda at the Alexandria Center at Kendall Square Mega Campus in Cambridge NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 04 Mar, 2024, 07:00 ET PASADENA, Calif., March 4, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), […]
News Release: North River Leerink’s Successful 100 Chestnut Street Development Continues Somerville’s Growth as a Leading Life Science and Innovation Hub
ADA Forsyth Institute’s recent lease agreement for 76,000 sq. ft. at 100 Chestnut puts the North River Leerink LEED Platinum Life Science building at 90% occupancy. February 29, 2024 07:30 AM Eastern Standard Time SOMERVILLE, Mass.–(BUSINESS WIRE)–North River Leerink (NRL) proudly announces a milestone achievement in its recent real estate development venture, playing a pivotal […]
New Release: Simtra BioPharma Solutions Announces $250+ Million Investment to Expand Sterile Fill/Finish Manufacturing Site in Bloomington, Indiana
NEWS PROVIDED BY Pitch Public Relations Feb 28, 2024, 07:00 ET Expansion designed to meet customers’ growing demand and need for development services, clinical and commercial manufacturing capacity PARSIPPANY, N.J., Feb. 28, 2024 /PRNewswire/ — Simtra BioPharma Solutions (Simtra), a premier injectable contract development and manufacturing organization (CDMO), today announced a $250+ million expansion of its […]
News Release: NYCEDC Seeks Anchor Tenant to Establish Cutting-Edge Life Sciences Center at SPARC Kips Bay
NYCEDC Launches RFEI to Identify World-Class Anchor Tenant to Establish and Operate New State-of-the-Art Facility Which Will be a Critical Component of SPARC Campus NYCEDC to Offer up to $100M of City Capital for the Life Sciences Center NEW YORK, NY—New York City Economic Development Corporation (NYCEDC) today announced a request for expressions of interest […]
Life Sciences: Some LSRE fundamentals improved in Q4 2023
Occupancies kept declining, but construction has slowed, RevistaLab data shows By Murray W. Wolf NATIONWIDE – Although occupancy rates in most life sciences real estate (LSRE) markets continued to decline during the fourth quarter (Q4) of 2023, construction activity moderated and space demand remained steady, which bodes well for better market conditions this year. That […]
News Release: Longfellow Real Estate Partners Strengthens Regional Leadership Through Key Appointments and Growth
San Diego / San Francisco, CA (February 22, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, today announced the expansion of regional leadership in the key West Coast markets of San Diego and the San Francisco Bay Area. Newly announced leadership includes Peter […]