News Release: Gibson Sotheby’s International Realty Lists 250,000 SF Development in Tufts University Neighborhood
BY BECCA LOGUEPOSTED MONDAY, AUG 28, 2023 MEDFORD, MA — Gibson Sotheby’s International Realty is pleased to announce the offering of a 1.3-acre transit-oriented parcel located on Boston Avenue in Medford as an advantageous opportunity for R&D, life science and biotech developers. Located ½ mile from the Tufts University campus, Tufts Corner is a 250,000 […]
News Release: Nectar Life Sciences, the Health Technology Company Behind the First Hybrid, Vertically-Integrated Allergy Care Platform, Opens First Nectar Allergy Center in New York City
State-of-the-Art Clinic Expands Allergy Testing and Treatment from Online-Only to Hybrid With Brick and Mortar Presence, While New Medical Executives Join Company to Fortify Leadership Team August 28, 2023 08:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Nectar Life Sciences, the trusted health technology company behind the first hybrid, vertically-integrated allergy care platform, today announced the […]
News Release: EQ Office Appoints Merredith Treaster to Oversee Northern California Region
PRESS RELEASE Aug 25th, 2023 EQ News San Francisco-based Merredith Treaster to lead all facets of regional coverage for EQ Office EQ Office, Blackstone’s US office portfolio company, today announced it has hired Merredith Treaster as its Senior Vice President, Northern California to be based in San Francisco. In this role, Ms. Treaster will be […]
Life Sciences: RCS buys Medtronic Colorado campus for $188M
Real Capital Solutions acquires two-building, 404,159 s.f. asset near Boulder, Colo. By Murray W. Wolf Real Capital Solutions (RCS), a Louisville, Colo.-based real estate investment and management firm, announced this week that it has acquired the newly completed, two-building, 404,149 square foot life sciences campus of the global medical device company Medtronic plc (NYSE: MDT) […]
News Release: Barrow Neurological Institute’s Innovative Laboratory Expands to Park Central
FOR IMMEDIATE RELEASE New 10,000-Square-Foot Facility Will Foster Collaboration with Creighton University, ASU and UA PHOENIX (August 22, 2023) – Barrow Neurological Institute is partnering with Plaza Companies and Holualoa Companies to develop an innovative new 10,000-square-foot dry laboratory at Park Central that will further establish Phoenix as a destination center for medical discovery. Investigative […]
News Release: TCC Signs First Tenant And Celebrates Topping Out At Science Square Labs In Atlanta
PRESS RELEASE Portal Innovations Leased 33,000 SF at Science Square Labs, Opening Q1 2024 Atlanta – August 21, 2023 – Trammell Crow Company (TCC), a global real estate developer, and partner Georgia Advanced Technology Ventures (GATV), an affiliate of the Georgia Institute of Technology, have topped out Science Square Labs, part of the first phase […]
News Release: Stirling Assists Birmingham Water Works in Acquiring New Industrial Life Science Facility
by Stirling Properties Published August 16, 2023 Stirling Advisors Juhmad M. Hollis and Melissa Warren, CCIM represented Birmingham Water Works (BWWB) in their search to acquire a new building for the development of their new EnviroLab facility. The acquisition marks a pivotal moment in the BWWB’s relentless pursuit of advancing water quality standards in the […]
News Release: Ancora L&G, One Year In: Providence, Rhode Island construction launches
Providence, RI, August 16, 2023—Ancora L&G, today announced the full launch of construction of a new life sciences building on a parcel of land at 150 Richmond Street, Providence, Rhode Island. Ancora L&G will develop a 210,000 sq. ft. building designed specifically to bring a diverse set of life- and health- science organizations into downtown […]
News Release: Bulfinch Announces Expansion With Spindrift And Multiple Life Science Leases At Chapel Bridge Park
BOSTON, MA – August 15, 2023 An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, today announces Spindrift has renewed their lease, expanding their headquarters in Newton and the firm has also signed multiple new leases and renewals with life science tenants at Chapel Bridge Park in Newton. The […]
News Release: Astellas to Open New Life Sciences Facility in DivcoWest’s Cambridge Crossing Neighborhood
NEWS PROVIDED BY Astellas Pharma Inc. 09 Aug, 2023, 19:30 ET TOKYO and SAN FRANCISCO, Aug. 9, 2023 /PRNewswire/ — Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, “Astellas”) and DivcoWest, a DivCore Capital Company, announced today plans for Astellas to open a new state-of-the-art life sciences facility at 441 Morgan Avenue, in […]
Life Sciences: BXP reports solid Q2; plans to lean into life sciences
Boston Properties says it is well positioned for a coming rebound in tenant demand By Murray W. Wolf Boston Properties Inc. (NYSE: BXP) reported solid second quarter (Q2) financial results last Tuesday (Aug. 1), surpassing market expectations. But there was bad news, too. Executives of BXP, which is active in the office, life sciences and […]
News Release: Berkadia Adds Director To Medical & Life Sciences Platform
Minneapolis, MN – August 7, 2023 – Berkadia announced today the addition of Director Patrick Abeln to the Medical & Life Sciences platform. Abeln will be based in Minneapolis and will be focusing on debt placement and JV equity structuring. Abeln will report to Senior Managing Director – Head of Medical & Life Sciences Sabrina […]
News Release: Preston Hollow Community Capital Completes $85 Million Bond Purchase for Mixed-Use Development in Westbrook
August 08, 2023 09:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”). Proceeds from the bonds will be used to fund the development of critical public infrastructure in a 65-acre mixed-use development in Westbrook, […]
News Release: TPG Reports Second Quarter 2023 Financial Results
Total assets under management of $139 billion as of June 30, 2023, an increase of 9% compared to $127 billion as of June 30, 2022 GAAP net income attributable to TPG Inc. of $27 million for the second quarter ended June 30, 2023, with basic net income per share of Class A common stock of […]
Life Sciences: No significant distress for LSRE – at least so far
But IMN panel says that’s something to watch in the next 12-24 months By Murray W. Wolf NEW YORK – Nearly $72 billion in U.S. commercial real estate (CRE) was considered “distressed” as of the end of the second quarter (Q2), an increase of 15 percent versus Q1, and another $162 billion of properties were […]