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Life Sciences

News Release: Newmark Completes $815 Million Sale of Charles Park in Cambridge, Massachusetts

News Release: Newmark Completes $815 Million Sale of Charles Park in Cambridge, Massachusetts

The Davis Companies and Principal Real Estate Investors sell two-building, 408,259-square-foot office complex and associated parking garage with plans for a life science facility NEWS PROVIDED BY Newmark Group, Inc. Jan 11, 2022, 15:55 ET BOSTON, Jan. 11, 2022 /PRNewswire/ — Newmark announces the $815 million sale of Charles Park, a two-building office complex and associated […]

News Release: East Bay Flex/R&D building purchased in $36M sale for life sciences conversion

News Release: East Bay Flex/R&D building purchased in $36M sale for life sciences conversion

JLL Capital Markets led sales efforts for 6601-6603 Shellmound, a single-story property in Emeryville, California SAN FRANCISCO, Jan. 10, 2021 – JLL Capital Markets announced today that it has closed the $36 million sale of 6601 – 6603 Shellmound, a single-story flex/R&D building totaling 62,898 square feet in Emeryville, California. JLL represented the seller, Griffin […]

News Release: Booming life sciences demand supports $246M construction loan for Somerville project

News Release: Booming life sciences demand supports $246M construction loan for Somerville project

JLL Capital Markets led financing efforts for 808 Windsor, a 353,000-square-foot lab development located in the Boynton Yards neighborhood of Somerville BOSTON, Dec. 22, 2021 – JLL Capital Markets announced today that it has arranged $246 million in construction financing for 808 Windsor, a to-be-built, state-of-the-art life sciences development totaling 353,000 square feet in Somerville, […]

News Release: Life sciences demand propels another Durham, NC, property sale and financing

News Release: Life sciences demand propels another Durham, NC, property sale and financing

JLL Capital Markets led sales and financing efforts for the 5-building Research Commons, which attracted significant investor interest from domestic and foreign investors Raleigh, Dec. 16, 2021 – JLL Capital Markets announced today that it has closed the $138 million sale and arranged $127.55 million in financing for Research Commons, a five-property office portfolio totaling […]

News Release: Transwestern arranges 200,000 sf lease in Atlanta for first Global Health Innovation District

News Release: Transwestern arranges 200,000 sf lease in Atlanta for first Global Health Innovation District

The Center for Global Health Innovation Signs 17-Year Lease at Iconic Tower Square (DEC. 15, 2021 – ATLANTA) – Transwestern Real Estate Services (TRS) announces its Atlanta Transaction Sciences team led by Executive Managing Director Clark Dean has arranged a 17-year, 200,000-square-foot lease on behalf of The Center for Global Health Innovation (the Center) at […]

News Release: Launch of Helix Construction to Boost Life Sciences Industry in Chicago Region

News Release: Launch of Helix Construction to Boost Life Sciences Industry in Chicago Region

NEWS PROVIDED BY Helix Construction Dec 13, 2021, 14:15 ET CHICAGO, Dec. 13, 2021 /PRNewswire/ — Seizing on Chicago’s rapidly expanding biotech industry, two prominent construction companies, San Francisco-based GCI General Contractors and Chicago-based BIG Construction, announced the launch of a new joint venture, Helix Construction. The arrival of Helix comes at a prime time as […]

News Release: Blueprint Closes 81,000 square foot Life Science Flex Space in Plymouth, MN

News Release: Blueprint Closes 81,000 square foot Life Science Flex Space in Plymouth, MN

DONE DEAL: LET’S GO CRAZY Blueprint MOB team leverages local network and institutional expertise to successfully execute both a new lease and sale of this Life Science Flex facility Blueprint was hired by a public REIT to market this asset in Minneapolis’ affluent suburb of Plymouth. This 81,000 square foot Life Science Flex space had […]

News Releases: HATCHspaces® and NexCore Group JV Expand Their Partnership With a New 100,000 SF Lab-Enabled Office Project Along the Expo Light Rail Line in West Los Angeles

News Releases: HATCHspaces® and NexCore Group JV Expand Their Partnership With a New 100,000 SF Lab-Enabled Office Project Along the Expo Light Rail Line in West Los Angeles

November 03, 2021 01:00 PM Eastern Daylight Time LOS ANGELES & DENVER–(BUSINESS WIRE)–A joint venture between Los Angeles-based HATCHspaces® and Denver-based health care developer NexCore Group has acquired their second development project together in the Los Angeles region. The 100,000 square foot building will be the first life science-focused new construction project of scale in […]

Architect rendering of Vantage

News Release: Healthpeak Properties Announces Latest Life Science Development – Vantage – in South San Francisco

NEWS PROVIDED BY Healthpeak Properties, Inc.  Nov 02, 2021, 16:15 ET DENVER, Nov. 2, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today the initial phase of its Vantage campus in South San Francisco following strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand. Located on the corner of Forbes Boulevard and […]

Architect rendering of Vantage

News Release: Healthpeak Properties Announces Latest Life Science Development – Vantage – in South San Francisco

NEWS PROVIDED BY Healthpeak Properties, Inc. Nov 02, 2021, 16:15 ET DENVER, Nov. 2, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today the initial phase of its Vantage campus in South San Francisco following strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand. Located on the corner of […]

News Release: JLL arranges $315.4M sale for San Diego life sciences conversion

News Release: JLL arranges $315.4M sale for San Diego life sciences conversion

Continuing life sciences demand fuels sale of 9-property office portfolio in the heart of the Sorrento Mesa submarket SAN DIEGO, Oct. 27, 2021 – JLL announced today that its Capital Markets group has completed the $315.4 million sale of a nine-property office portfolio totaling 371,281 square feet in San Diego, California. JLL represented the seller, […]

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 […]