News Release: Seattle’s New Industry & Innovation Zone Features Concept for First Tom Kundig‑designed Life Sciences Building
SEATTLE, Aug. 3, 2023 — Olson Kundig is pleased to share concept images of a new laboratory and life sciences building in Seattle’s Interbay neighborhood. On July 18, the Seattle City Council voted to adopt a long-anticipated legislative package that aims to revitalize industrial areas and allow innovation in industrial products. The prospective laboratory and […]
News Release: EQT Exeter Real Estate Income Trust Launches
NEWS PROVIDED BY EQT 03 Aug, 2023, 07:40 ET EQT Exeter Real Estate Income Trust, Inc. Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission PHILADELPHIA, Aug. 3, 2023 /PRNewswire/ — EQT Exeter Real Estate Income Trust, Inc. (“EQRT”) today announced its Registration Statement on Form S-11 in connection with its initial public […]
News Release: Healthcare Expert Philip Wurth Joins CBRE in Phoenix as Senior Vice President
Phoenix, AZ August 2, 2023 Philip Wurth has joined CBRE as a senior vice president in Phoenix. He brings over two decades of commercial real estate experience, specializing in healthcare and life science properties. Mr. Wurth will focus on representing discerning tenants and landlords in the acquisition, disposition and leasing of medical office buildings, surgery […]
News Release: BXP Announces Second Quarter 2023 Results; Reports Q2 EPS of $0.66 and FFO Per Share of $1.86
Exceeded Q2 Guidance for EPS and FFO; Executed Approximately 938,000 SF of Leases in Q2; and Opened the Highly Anticipated View Boston Observation Deck Experience August 01, 2023 04:15 PM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for […]
News Release: McCord Development Expands Commitment to Life Science And Biomanufacturing Ecosystem in the Greater Houston Area with Biohub Two at Generation Park
Aug 1 MCCORD DEVELOPMENT EXPANDS COMMITMENT TO LIFESCIENCE AND BIOMANUFACTURING ECOSYSTEM IN THE GREATER HOUSTON AREA WITH BIOHUB TWO AT GENERATION PARK The 45-acre master-planned campus solidifies Houston’s role as a leading hub for life science manufacturing McCord Development today announced that they are expanding their offerings for the life sciences and biomanufacturing industry with […]
News Release: USDA, Washington State University Break Ground on New State-of-the-Art Agricultural Research Facility
PULLMAN, Wash., August 1, 2023 — U.S. Agriculture Secretary Tom Vilsack today participated in a groundbreaking ceremony for a new Plant Sciences Building that will house scientists from the U.S. Department of Agriculture’s Agricultural Research Service (ARS) and Washington State University (WSU). ARS and WSU hosted the ceremony for the new building that will be […]
News Release: Commercial Real Estate Executive Dan Ryan to Lead Mortenson Properties, Inc.
07/31/2023 Mortenson Properties, Inc. (MPI) has announced the addition of Dan Ryan as Managing Director. In this role, Ryan will have responsibility for all aspects of MPI’s activities, from new real estate investments to asset management, and enabling the next phase of real estate asset growth. MPI is the real estate equity ownership arm in […]
Life Sciences: Alexandria’s Q2 earnings top revenue and FFO estimates
REIT sells more than $700 million in assets and plans to sell another $1 billion By Murray W. Wolf PASADENA, Calf. – When it comes to life sciences real estate (LSRE) business, few firms get more attention than Alexandria Real Estate Equities Inc. (NYSE: ARE), the LSRE market’s largest U.S. property owner and its only […]
Life Sciences: Lots of underwriting, but not much buying
Yet IMN panel says there are still pockets of opportunity for investors By Murray W. Wolf NEW YORK – The life sciences real estate (LSRE) market continues to be characterized by good long-term fundamentals and strong investor demand, but also increased selectivity on the part of both tenants and investors, at least in the short […]
News Release: BioMed Realty Appoints Charlie Piscitello as the Company’s Chief People Officer
Highly Accomplished and Experienced Human Capital Executive Joins BioMed Realty’s Leadership Team July 27, 2023 09:00 AM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced that Charlie Piscitello has joined the company as Chief People Officer. In this role, Mr. Piscitello […]
News Release: US Life Sciences Real Estate Market Slows to More Sustainable Pace in Q2
Press Release FOR IMMEDIATE RELEASE US Life Sciences Real Estate Market Slows to More Sustainable Pace in Q2 Lab vacancy rises, but employment continues to grow; Philadelphia, Washington, DC, among markets registering increases in demand Dallas – July 26, 2023 – Momentum slowed in the second quarter for the U.S. life sciences real estate market, […]
News Release: MassBio Breaks Ground on 4,000-Square-Foot ‘Bioversity’ Workforce Training Center in Dorchester
JUL 25, 2023 Inaugural workforce training facility to develop new career pathways for residents entering life sciences industry BOSTON, MA (July 25, 2023) – MassBio today celebrated the official groundbreaking of Bioversity‘s first workforce training center at Southline Boston in Dorchester with community partners, key funders, city and state leaders, and project developers in attendance. […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q23 and 1H23 Net Income per Share – Diluted of $0.51 and $0.95, respectively; and 2Q23 and 1H23 FFO per Share – Diluted, As Adjusted, of $2.24 and $4.43, respectively
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 24 Jul, 2023, 16:10 ET PASADENA, Calif., July 24, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2023. Key highlights Operating results 2Q23 2Q22 1H23 1H22 Total revenues: In millions $ 713.9 $ 643.8 $ 1,414.7 $ […]
News Release: HPM Hires Senior Project Manager As Firm Expands Life Sciences Footprint
Chandler Creel brings decades of experience overseeing facility shutdowns and construction projects for pharmaceutical and life sciences companies Birmingham, Ala. (July 24, 2023) – Birmingham-based program management firm, HPM announces hiring Chandler Creel as Senior Project Manager, expanding the firm’s capabilities in the pharmaceutical and life sciences industries. Chandler joined HPM’s Atlanta office and is overseeing […]
News Release: Cincinnati Children’s to build research pavilion in Avondale
Site to be new home for Vaccine Research Center as well as Biobank and freezer archive Monday, July 24, 2023 Cincinnati Children’s will build a research pavilion in Avondale that will serve as the new home of the Gamble Vaccine Research Center, the Discover Together Biobank and a freezer archive used for long-term cold storage […]