News Release: Boston Real Estate Inclusion Fund Launches Investment Offering on Small Change Crowdfunding Platform
Equity Raise for $400M Life Sciences Building In Boston Seaport Focuses on BIPOC Investors April 04, 2024 11:30 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Small Change, an investment crowdfunding platform for real estate development with social impact, and Boston Real Estate Inclusion Fund (BREIF), an investment fund created by Black Boston developers, announce an investment opportunity […]
News Release: Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal With insitro for a 6-Year Lease Extension
Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal With insitro for a 6-Year Lease Extension at the Alexandria Center for Advanced Technologies Mega Campus in South San Francisco NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 01 Apr, 2024, 08:30 ET PASADENA, Calif., April 1, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), […]
Life Sciences: How and when will LSRE development rebound?
There’s no ‘silver bullet,’ RevistaLab panelists say, but there are hints of progress Editor’s note: This article is part one of our coverage of a recent panel discussion on life sciences real estate (LSRE) development. Part two will appear next week. PASADENA, Calif. – Life sciences real estate (LSRE) construction starts have been declining steadily […]
News Release: Mortenson Selected to Lead Phase 1 Development at The MIX
The University of Minnesota Foundation (UMF) announced that Mortenson has been chosen as its partner for the development of the first phase of a 12-acre hub of innovation and economic development in the Twin Cities, newly named The Minnesota Innovation Exchange or “The MIX.” The MIX, located on the eastern edge of the University of […]
News Release: Commercial Development Coming to Former Grafton State Hospital
MassDevelopment, the State’s Land Bank, Sells 33-Acre Parcel to Boston-Based GFI Partners for Creation of New 200,000-Square-Foot Development to be Leased for Life Science or Other Industrial, Flex Uses GRAFTON, Mass. – MassDevelopment has sold a 33.2-acre parcel at 124 Westboro Road in Grafton, formerly part of the state-owned Grafton State Hospital, to GFI Partners. […]
News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego
JLL represents landlord in lease to AnaBios which brings the property to 50 percent leased SAN DIEGO, CALIF., March 28, 2024 – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego. This cutting-edge, […]
News Release: Charter Medical’s Innovation Hub Joins Innovation Quarter
Winston-Salem-based Charter Medical announced today it has established its new Innovation Hub in downtown Winston-Salem’s Innovation Quarter. The Innovation Hub features a state-of-the-art lab space where single-use studies for freezing, transportation, and protection will be performed to support the biopharma industry’s cold chain logistics process. Charter’s single-use engineering team continues to focus their decades of […]
News Release: Governor McKee Hosts Topping Off Ceremony for 150 Richmond
Published on Tuesday, March 26, 2024 PROVIDENCE, RI – Governor Dan McKee was joined today by numerous dignitaries in the I-195 District for a topping off and beam signing ceremony at 150 Richmond—a 7-story, 212,000-square-foot building to be anchored by PVD Labs and the Rhode Island Department of Health (RIDOH) State Health Laboratories. “Today’s milestone […]
News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks
Experienced owner unveils plans to convert existing Sorrento Mesa creative office building into spec lab to cater to region’s life sciences tenant demand Cushman & Wakefield leading leasing efforts for transformative project SAN DIEGO, Calif. – March 25, 2024 – King Street Properties (“King Street”) has unveiled plans for a new premier 60,000-square-foot speculative lab and life […]
News Release: BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property
Norges Bank Investment Management Closes on 290 Binney Street Joint Venture 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 completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall […]
News Release: Lonza Signs Agreement to Acquire Large-Scale Biologics Site in Vacaville (US) from Roche
News Release 20 Mar 2024 – Ad Hoc announcement pursuant to Art. 53 LR Lonza has signed an agreement to acquire the Genentech manufacturing facility in Vacaville (US) from Roche for USD 1.2 billion in cash Vacaville (US) site is one of the largest biologics manufacturing facilities in the world by volume Acquisition is set […]
News Release: MilliporeSigma Invests More than € 300 Million in New Life Science Production Site in Korea
Site to supply products to customers for development and production of biologics New Bioprocessing Production Center in Daejeon strengthens company’s footprint in fast-growing Asia-Pacific region Investment to create up to 300 additional jobs BURLINGTON, Mass.–(BUSINESS WIRE)–MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, invests more than €300 million into a […]
News Release: Two-property portfolio in Rancho Bernardo trades for $30.8M
JLL Capital Markets facilitates the sale of the ~90,000-square-foot portfolio SAN DIEGO, Mar. 18, 2024 – JLL Capital Markets announced today that it arranged the $30.8 million sale of a premier R&D/Lab portfolio in Rancho Bernardo in San Diego, California. JLL worked on behalf of the seller, Montana Avenue Capital Partners, LLC, and procured the buyer, […]
News Release: Butterfly Pavilion and BioMed Realty Join Forces to Cultivate Biodiversity at Flatiron Park in Boulder, Colorado
March 18, 2024 – Butterfly Pavilion, the first Association of Zoos and Aquariums (AZA)- accredited, stand-alone, non-profit invertebrate zoo in the world and BioMed Realty, a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, announced today a partnership to develop and enhance pollinator habitat in BioMed […]
News Release: SCHOTT Pharma to Expand in the U.S. with New Prefillable Syringe Manufacturing Facility in Wilson, North Carolina
MONDAY, MARCH 18, 2024, MAINZ, GERMANY — With $371 million investment, new site to add over 400 jobs to the region First U.S. manufacturing facility to fill demand for domestic supply of glass and polymer prefillable syringes that deliver mRNA, GLP-1, and other therapies. SCHOTT Pharma, a pioneer in pharmaceutical drug containment solutions and delivery […]