News Release: Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego
Alexandria and Lilly, which began their strategic relationship in 2008, are collaborating to support and accelerate the development of promising early-stage companies in the growing San Diego life science ecosystem PASADENA, Calif., Nov. 28, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of […]
News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego
November 28, 2023 Scheduled to open in the first half of 2024, Lilly’s new Gateway Labs location, in partnership with Alexandria Real Estate Equities, will feature a world-class, state-of-the-art lab facility to support early-stage scientific entrepreneurs and companies INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) today announced plans to open […]
Life Sciences: What’s behind BXP’s big life sciences asset sale?
Why did Boston Properties sell 45 percent of two plum projects in Cambridge, Mass.? By Murray W. Wolf In what might go down as the largest life sciences real estate (LSRE) transaction of the year, Boston Properties Inc. (NYSE: BXP) announced last Tuesday (Nov. 14) that it has agreed to sell a 45 percent interest […]
News Release: University of Maryland, Baltimore Receives Landmark Funding to Create New Innovation Hub in West Baltimore and the Region
November 21, 2023 | Deborah Kotz UM School of Medicine Faculty Leading the Way in Attracting Life Sciences Start-Up Companies, Building a Diverse Workforce University of Maryland, Baltimore (UMB) President Bruce Jarrell, MD, FACS, and University of Maryland School of Medicine (UMSOM) Dean Mark Gladwin, MD, announced today that the university has received a four-year, […]
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 […]
