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Life Sciences

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

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

12 March 2021 New York, March 12, 2021 – 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 Sciences […]

News Release: Boston-area life science and industrial facility trades to JV for $33M

News Release: Boston-area life science and industrial facility trades to JV for $33M

JLL Capital Markets arranged the sale of the packaging and distribution facility net leased to a Cambridge-based biotechnology company, demonstrating continued demand for Boston industrial space BOSTON, March 2, 2021 – JLL Capital Markets announced today that it has closed the $33 million sale of Sanofi Genzyme’s Northborough Global Operations Center, a fully net-leased, 212,000-square-foot, […]

News Release: Hines and 2ML Real Estate Interests Reveal Renderings for the First Building at Levit Green

News Release: Hines and 2ML Real Estate Interests Reveal Renderings for the First Building at Levit Green

The purpose-built life science building will kick off development at the district FEBRUARY 11, 2021 (HOUSTON) – Hines, the international real estate firm, and 2ML Real Estate Interests today revealed the first renderings for the initial building at Levit Green along with new aerial views of the 53-acre life science district. Adjacent to the Texas […]

News Release: Walker & Dunlop Structures $205 Million in Financing for Life Sciences and Medical Office Building in Manhattan

News Release: Walker & Dunlop Structures $205 Million in Financing for Life Sciences and Medical Office Building in Manhattan

Bethesda, Maryland | Feb. 10, 2021 Walker & Dunlop, Inc. announced today that it structured $205,000,000 in financing for 619 West 54th Street, located in the heart of Manhattan’s Midtown West neighborhood. Also known as Hudson Research Center, the Class A life science and medical office property features stunning views of Manhattan’s West Side and […]

News Release: BioMed Realty Acquires Assembly Square Site in Somerville, Massachusetts

News Release: BioMed Realty Acquires Assembly Square Site in Somerville, Massachusetts

Innovation campus represents a substantial opportunity to support the region’s growing life science and technology cluster January 19, 2021 09:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, has announced the acquisition of an existing 162,000 square foot office building and adjacent […]

News Release: Graymark Acquires Rare Palo Alto Asset for Life Science/Alt Tech Conversion

News Release: Graymark Acquires Rare Palo Alto Asset for Life Science/Alt Tech Conversion

For Immediate Release Cushman & Wakefield Represents Graymark Capital in Palo Alto Acquisition being Converted to Life Science, Alternative Tech Use Rare asset located in high sought-after area for recent vigorous Life Science growth PALO ALTO, Calif., January 6, 2021 – Cushman & Wakefield announced today the firm has represented Graymark Capital, an industry-leading commercial […]

News Release: BioMed Realty Acquires Flagship Property in Boston’s Seaport District

News Release: BioMed Realty Acquires Flagship Property in Boston’s Seaport District

601 Congress Street further builds on developer’s premier life science real estate portfolio in Boston/Cambridge January 06, 2021 09:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced the acquisition of 601 Congress Street in Boston, Massachusetts. The 482,000-square-foot LEED Platinum […]

News Release: NAI Partners arranges 260,950-sq.-ft. disposition in largest sale of Life Sciences product in Greater Houston area in 2020

News Release: NAI Partners arranges 260,950-sq.-ft. disposition in largest sale of Life Sciences product in Greater Houston area in 2020

The Woodlands, TX, December 29, 2020 – NAI Partners announced today that is has arranged the sale of five buildings totaling 260,950 sq. ft. at 8800 Technology Forest Drive, located in The Woodlands, TX. The main building on the former Lexicon Pharmaceuticals campus is a 128,400-sq.-ft. Class A office property with laboratory space. Additional properties […]

News Release: Florida-based biologics company signs 43K SF built-to-suit lease on heels of government contract to produce COVID-19 vaccine

News Release: Florida-based biologics company signs 43K SF built-to-suit lease on heels of government contract to produce COVID-19 vaccine

Avison Young arranges 43,000 SF lease of build-to-suit facility by Concept Companies for Ology Bioservices in Alachua, Florida Lab space, positioned adjacent to Ology Bioservices’ HQ, will be used to expand capabilities including production of vaccines and therapeutics for COVID-19 Alachua, Fla. – Avison Young facilitated a 42,500-square-foot lease agreement between Concept Companies and Ology Bioservices […]

News Release: Suburban office/life sciences assets get boost from Middle Eastern investments

News Release: Suburban office/life sciences assets get boost from Middle Eastern investments

Trend demonstrated in the recent $225M JLL-brokered recapitalization of Arborcrest Corporate Campus near Philadelphia to Saudi Arabia-based Sidra Capital PHILADELPHIA, December 2, 2020 – JLL Capital Markets announced today that it has closed the $225 million recapitalization of Arborcrest Corporate Campus to Saudi Arabia-based Sidra Capital (Sidra). The sale of the five-building, 855,600-square-foot suburban office […]