News Release: GenesisM Breaks Ground on 154,000 Square Foot Biomanufacturing Facility in Greater Boston Area
BEDFORD, Mass.–(BUSINESS WIRE)–GenesisM, a joint venture between Bain Capital Real Estate (“Bain Capital”) and Botanic Properties (“Botanic”), today announced the official groundbreaking of its 154,000-square-foot Class A biomanufacturing facility at 45 Crosby Drive in Bedford, Massachusetts. The groundbreaking ceremony was attended by members of the project team, town officials and representatives, and local partners in […]
News Release: Beacon Capital Partners and TCC Deliver Hyde Park Labs and Student-Focused Southside STEM Station in Chicago
For immediate release Chicago, IL – July 10, 2025 – Beacon Capital Partners (Beacon), a top real estate developer, owner, and manager of office and life science properties, and Trammell Crow Company (TCC), a leading commercial real estate developer, have delivered Hyde Park Labs in Chicago, Illinois. The partnership is also celebrating the opening of […]
News Release: CBRE’s Annual Analysis of US Life Sciences Talent Finds Job Growth Tenuous Amid Constrained Funding, Fewer Graduates
Press Release FOR IMMEDIATE RELEASE Boston-Cambridge takes top spot in life sciences R&D and manufacturing talent, and Minneapolis-St. Paul now leads in medtech talent; Biggest gainers include Houston, Denver, Seattle, Washington, DC-Baltimore Dallas – June 16, 2025 – U.S. life sciences employment has wavered between small gains and declines since 2022 as the sector grappled […]
News Release: Biomanufacturing investments surge as lab leasing slows
JLL’s new U.S. Life Sciences Property Report finds lab leasing volume declines as life sciences companies are more cautious CHICAGO, June 10, 2025 – The U.S. life sciences real estate sector is experiencing some turbulence in 2025, as business uncertainty contributed to a sharp drop-off in demand in Q1, but a notable uptick in pharma […]
News Release: Bain Capital and Botanic Properties Acquire Greater Boston Property for Biomanufacturing Conversion
The firms’ GenesisM platform, which is dedicated to developing purpose-built biomanufacturing facilities, will redevelop 45 Crosby Drive in Bedford, MA BOSTON & NEW YORK–(BUSINESS WIRE)—Bain Capital’s Real Estate team (“Bain Capital”) and Botanic Properties (“Botanic”), a real estate investment and development firm focused on addressing the unique needs of the biomanufacturing industry, today announced the […]
News Release: Financing secured for Merck & Company’s manufacturing campus at Delaware life sciences redevelopment
JLL Capital Markets led the construction financing efforts for the 450,000-square-foot facility at the state-of-the-art Chestnut Run Innovation and Science Park in Wilmington PHILADELPHIA, May 6, 2025 – JLL Capital Markets announced today that it has arranged construction financing for the development of Merck & Company’s 450,000-square-foot manufacturing and research facility at Chestnut Run Innovation […]
News Release: Hammes celebrates two project milestones at Moffitt Cancer Center SPEROS FL
Milwaukee, WI, April 24, 2025 – Hammes, a national real estate consulting, development, investment and management firm, was proud to join Moffitt Cancer Center on April 22 to mark two celebratory milestones at SPEROS FL in Pasco County, Florida: the topping out of the Moffitt Discovery and Innovation Center and the installation of the cyclotron for […]
News Release: San Diego trophy life sciences campus trades for $159.0M
JLL Capital Markets led the sales efforts for the three-building, recently renovated MUSE property in Torrey Pines SAN DIEGO, Apr. 1, 2025 – JLL Capital Markets announced today that it has completed the $159.0 million sale of MUSE, a three-building trophy life sciences campus totaling 186,000 square feet in San Diego, California. JLL represented the seller, Diversified Healthcare […]
News Release: Aggie Square Phase I Opening Soon on UC Davis Health Campus in Sacramento – New Innovation Hub to Have Profound Economic Impact
Project’s first phase delivers approximately 808,000 SF of Class A life sciences research labs, technology and office space, and mixed-use residential Cushman & Wakefield leading leasing efforts for Phase I commercial space SACRAMENTO, Calif. – March 17, 2025 – The highly anticipated first phase Grand Opening of Aggie Square is fast-approaching. A development by Wexford Science […]
News Release: TCC Signs Two Expansions, One HQ Lease at Fulton Labs in Chicago
All three tenants expect to occupy their new space by summer 2025 Chicago, IL – March 17, 2025 – Leading commercial real estate developer Trammell Crow Company (TCC) has signed three leases at 400 North Aberdeen within its Fulton Park Campus in Chicago’s Fulton Market neighborhood. The leases total approximately 40,000 square feet and include extensions […]
News Release: Lawrence Group Designs $165 million Vertical Expansion at Washington University School of Medicine
FOR IMMEDIATE RELEASE (St. Louis, MO, March 13, 2025) Washington University School of Medicine in St. Louis has completed a six-floor vertical expansion on the Steven & Susan Lipstein BJC Institute of Health (BJCIH) building located in the center of the medical campus. The $165 million addition includes 160,000-square-feet of state-of-the-art laboratory space and was […]
News Release: Simone Development Companies Draws New York Blood Center to Throggs Neck Shopping Center for New Donation Location in Bronx
BRONX, NY (March 5, 2025) – Simone Development Companies has signed a new long-term lease with New York Blood Center, a community-based blood supplier, for a 3,906 square-foot blood donation and collection center at the Throggs Neck Shopping Center located at 815 Hutchinson River Parkway in the Ferry Point section of the Bronx, NY. Simone […]
News Release: Cushman & Wakefield Represents Drawbridge Realty in New Lease for 51,136 SF Class A R&D Building in Santa Clara, CA
EBR Systems leases renovated building near Levi’s Stadium SANTA CLARA, Calif. – February 25, 2025 – Cushman & Wakefield announced the firm has represented Drawbridge Realty in securing a new lease for a 51,136-square-foot Class A research and development (R&D) building located at 4600 Patrick Henry Drive in Santa Clara, CA, near Levi’s Stadium. The new […]
News Release: Demand for US Life Sciences Real Estate Grew in Q4
Improving economy, strong life sciences job growth, drug-development pipeline bode well for sector in 2025 Dallas – February 5, 2025 – The U.S. life sciences real estate market posted positive net absorption in the fourth quarter even as robust construction completions raised the sector’s vacancy rate to 19.7%, according CBRE’s new quarterly figures report. The Q4 […]
Media Alert: IAVI Holds Ribbon-Cutting Ceremony and Tours to Mark Opening of New Vaccine Design & Development Lab in Jersey City, NJ
What: IAVI, a non-profit scientific research organization dedicated to addressing global, unmet health challenges including HIV, tuberculosis, and a range of emerging infectious diseases (EIDs), will celebrate the opening of their new 30,000 sq. ft. Vaccine Design & Development Lab (DDL) in Jersey City, NJ with a ribbon-cutting followed by tours of the facility led […]