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Life Sciences

News Release: Hines, Harrison Street and 2ML Real Estate Break Ground on First Phase of 53-Acre Life Sciences District in Houston

News Release: Hines, Harrison Street and 2ML Real Estate Break Ground on First Phase of 53-Acre Life Sciences District in Houston

Marks First Commercial Lab Space in Levit Green Life Sciences District Near Texas Medical Center OCTOBER 5, 2021 (HOUSTON) – Hines, the international real estate firm, and Harrison Street, a leading investment management firm exclusively focused on alternative real assets, in partnership with 2ML Real Estate Interests, have broken ground on the first building at […]

News Release: Boston life sciences growth driving demand for more space

News Release: Boston life sciences growth driving demand for more space

JLL Capital Markets completed the $74.6M sale of a building in Boston’s Seaport for a life sciences conversion BOSTON, Sept. 21, 2021 – JLL Capital Markets announced that it has closed the $74.6 million sale of a 102,727-square-foot office building to be converted into a life sciences property at 51 Melcher St. in Boston’s popular […]

News Release: Texas Medical Center Launches World’s Largest Life Science Campus

News Release: Texas Medical Center Launches World’s Largest Life Science Campus

Anchored by $1.8 billion in secured financing, 37-acre TMC3 positions Texas Medical Center as a global life science leader By Tatum Martens August 31, 2021 (Houston, TX) – Texas Medical Center (TMC), a unique medical city that fosters collaboration between hospitals, universities and business, today announced the launch of a 37-acre life science campus designed […]

News Release: Medistar and Healthcare Trust of America, Inc., Break Ground on Horizon Tower and Top Out Life Tower at Texas A&M Innovation Plaza in Houston

News Release: Medistar and Healthcare Trust of America, Inc., Break Ground on Horizon Tower and Top Out Life Tower at Texas A&M Innovation Plaza in Houston

For Immediate Release Horizon Tower will Offer Class A Life Sciences and Medical Space, Life Tower will Include Student Housing Beds HOUSTON, August 5, 2021 – Medistar Corp. and Healthcare Trust of America, Inc., have broken ground on Horizon Tower, a new life sciences and medical building, have topped out Life Tower, a student housing […]

Rendering of Callan Ridge.

News Release: Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego

NEWS PROVIDED BY Healthpeak Properties, Inc. Jun 07, 2021, 16:16 ET DENVER, June 7, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densification project located in the Torrey Pines submarket of San Diego. The lease is expected to commence […]

Rendering of Sorrento Gateway

News Release: Healthpeak Properties Announces New Life Science Development – Sorrento Gateway – in San Diego

NEWS PROVIDED BY Healthpeak Properties, Inc. Jun 07, 2021, 16:17 ET DENVER, June 7, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Sorrento Gateway development located in the Sorrento Mesa submarket of San Diego. This Class A development will consist of a five-story building totaling approximately 163,000 […]

News Release: Investor picks up Maryland life science portfolio

News Release: Investor picks up Maryland life science portfolio

JLL Capital Markets led sales efforts for the portfolio, which is located in the heart of Shady Grove, Maryland’s premier life science cluster WASHINGTON, D.C., May 17, 2021 – JLL Capital Markets announced today that it has closed the sale of the Shady Grove Life Science Portfolio, a 35.5-acre life science campus in Rockville, Maryland. […]

News Release: Top-rated Bay Area life science cluster attracts new development

News Release: Top-rated Bay Area life science cluster attracts new development

JLL’s Capital Markets team places $400+ million construction loan for Genesis Marina SAN DIEGO – May 3, 2021 – JLL Capital Markets announced today that it has secured a $400+ million construction loan for Genesis Marina, a to-be-built, waterfront Class A+ life science campus totaling approximately 570,000 square feet in Brisbane, Calif. Working on behalf […]

News Release: BioMed Realty Acquires Development Site in Seattle

News Release: BioMed Realty Acquires Development Site in Seattle

New property capable of supporting a large-scale multi-tenant campus for life science and technology companies April 30, 2021 12:00 PM Eastern Daylight Time SAN DIEGO — (BUSINESS WIRE) — BioMed Realty, a leading provider of real estate solutions for the life science and technology industries, has acquired two adjacent parcels from Clise Properties totalling 1.8 […]

News Release: Just Sold - Life Science Building in Sorrento Mesa, San Diego for $20.25 Million

News Release: Just Sold – Life Science Building in Sorrento Mesa, San Diego for $20.25 Million

JUST SOLD 5785 Oberlin Drive CBRE’s Investment Properties–California/Arizona/Nevada team is pleased to announce the sale of 5785 Oberlin Drive in San Diego, California, for $20.25 million ($322 PSF). The 62,823-square-foot, three-story property was redeveloped into a life science use in 2020. It features balconies, barbecue area, showers, lockers and 200 parking stalls. The property is […]

News Release: Trammell Crow Company Tops Off Fulton Labs at 400 N. Aberdeen in Chicago

News Release: Trammell Crow Company Tops Off Fulton Labs at 400 N. Aberdeen in Chicago

Chicago | March 23, 2021 Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, today announced it has topped out the construction on its Fulton Labs at 400 N. Aberdeen development. The facility is a 423,454 square-foot best-in-class laboratory building that the company is developing to help meet […]

Rendering of Nexus on Grand by Flad Architects.

News Release: Healthpeak Properties Announces Latest Life Science Development – Nexus on Grand – in South San Francisco

NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:11 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Nexus on Grand development located at 233 East Grand Avenue in South San Francisco. The Class A development will consist of a five-story building totaling […]

Rendering of Callan Ridge by FPBA.

News Release: Healthpeak Properties Announces Callan Ridge Life Science Development in Torrey Pines

NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:13 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located at 3020-3030 Callan Road in the Torrey Pines submarket of San Diego. The project will nearly double the current […]

News Release: Life sciences demand propels NYC redevelopment project forward

News Release: Life sciences demand propels NYC redevelopment project forward

News release JLL Capital Markets secured $393M in financing to redevelop 125 West End Ave. in Manhattan’s West Side cluster March 17, 2021 NEW YORK – March 17, 2021 – JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class […]

News Release: Blackstone Real Estate Completes Acquisition of Premier Lab Office Portfolio from Brookfield Fund

March 12, 2021 03:00 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.4 billion. BPP Life […]