News Release: Diversified Healthcare Trust Appoints Christopher Bilotto as President and Chief Executive Officer Effective January 1, 2024
NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer, effective January 1, 2024. Mr. Bilotto is an Executive Vice President of The RMR Group (Nasdaq: RMR), overseeing portfolio management for all office, industrial and retail properties managed by RMR and hotel and senior living […]
News Release: Park Central’s Revitalization Continues with Flurry of Activity
New Tenants, Restaurants and Construction Continue Project’s Momentum PHOENIX (November 16, 2023) – A flurry of activity is taking place at the revitalized Park Central in Phoenix as the project’s momentum continues to build as its redevelopment continues. Several key milestones have occurred recently at the midtown Phoenix property, including new tenants, new restaurants, construction […]
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: BXP Agrees to Sell a 45% Interest in Kendall Square Life Sciences Properties
$746.4 Million Investment by Norges Bank Investment Management to Form Joint Ventures To Own Two Properties Totaling Approximately 810,000 Square Feet BOSTON–(BUSINESS WIRE)—BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to sell a 45% interest in two […]
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 […]
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 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 […]
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
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: 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 […]
News Release: Opening of TMC3 Collaborative Building Marks Launch of Helix Park, a 37-acre Campus Fostering Innovation in Healthcare and Life Science
Founding institutions celebrate the opening of 250,000-square-foot building; highlight potential impacts for the future of research, discovery, and patient care HOUSTON, Oct. 26, 2023–(BUSINESS WIRE)—Texas Medical Center (TMC), The University of Texas MD Anderson Cancer Center, Texas A&M University Health Science Center (Texas A&M Health), and The University of Texas Health Science Center at Houston […]