News Release: JLL — Just Closed: Greenway Park, San Antonio, TX
Just Closed: Greenway Park, San Antonio, TX JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Greenway Park, a fully occupied medical office and life sciences building located in San Antonio, Texas. The 109,320 square foot property is strategically located along San Antonio’s innermost loop, Interstate 410, and less than one mile […]
Life Sciences: Five questions for Longfellow CEO Adam Sichol
Co-founder discusses the state of the market, current projects and future plans BOSTON – Perhaps not surprisingly, given their ready access to capital, the four largest owners of life sciences real estate (LSRE) are publicly traded real estate investment trusts (REITs), namely Alexandria Real Estate Equities Inc. (NYSE:ARE), the BioMed Realty unit of Blackstone Inc. […]
News Release: Hoyt Science Center addition gains LEED certification
The three-story laboratory addition to Westminster College’s Hoyt Science Center has been awarded Leadership in Energy and Environmental Design (LEED) v4 certification from the U.S. Green Building Council (USGBC), marking the College’s commitment to environmental sustainability. The 27-000-square-foot wing, completed in 2021, is Westminster College’s first LEED-certified building. The LEED rating system was developed by […]
News Release: Alexandria Real Estate Equities, Inc. Announces Closing of Its Amended Line of Credit for Additional Commitments of $1 Billion
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 29 Jun, 2023, 08:30 ET Alexandria’s banking syndicate continues to support the company’s world-class brand, differentiated business model and Labspace® market dominance Increase in commitments available under its unsecured senior line of credit to $5.0 billion further bolsters Alexandria’s already impressive liquidity PASADENA, Calif., June 29, 2023 […]
News Release: Alexandria Real Estate Equities, Inc.’s Pioneering, Foundational and Highly Amenitized Over 2 Million RSF Mega Campus in Greater Boston’s Fenway Solidifies Its Dominance in the New Collaborative Life Science Submarket
421 Park Drive (pictured above left) at the Alexandria Center® for Life Science – Fenway mega campus. Courtesy of Alexandria Real Estate Equities, Inc. (PRNewsfoto/Alexandria Real Estate Equities, Inc.) NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 28 Jun, 2023, 08:30 ET Alexandria announces sale to Boston Children’s Hospital of property that will constitute 268,000 […]
News Release: Boylston Properties and J.P. Morgan Successfully Refinance 100 Forge, a Fully Occupied Life Science Building in Arsenal Yards
The new $150M loan from Northwestern Mutual marks a significant milestone for the property team Tuesday, June 20 – Boston, MA – Boylston Properties, a Boston-based developer of mixed-use properties, and J.P. Morgan Global Alternatives today announced that they closed on a $150M loan from Northwestern Mutual on June 1, 2023, for 100 Forge, a […]
News Release: JLL arranges $750M construction loan for a mixed-use project near Harvard University
News Release The Enterprise Research Campus will feature 900,000 square feet of premier lab, residential, hospitality and retail space in Allston, Massachusetts BOSTON, June 22, 2023 – JLL’s Capital Markets group announced today that it has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-square-foot, mixed-use development […]
News Release: Cell and Gene Therapy CDMO Andelyn Biosciences Celebrates Over 20 Years of Leadership and Innovation with Opening of New 180,000 Square Foot Manufacturing Headquarters
Columbus, Ohio – June 22, 2023 – Andelyn Biosciences, a pioneer in the development and manufacturing of cell and gene therapies, today formally inaugurates its new manufacturing headquarters, the Andelyn Corporate Center (ACC), located in the Innovation District in Columbus, Ohio. The newly constructed state-of-the-art and regulatory-compliant facility complements Andelyn’s two existing facilities in Columbus. […]
News Release: Alexandria Real Estate Equities, Inc.’s In-Demand, Mission-Critical Labspace Assets in High-Barrier-to-Entry Markets Continue to Create Significant Value
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 22 Jun, 2023, 08:30 ET Alexandria successfully completes recapitalization of stand-alone operating property fully leased to multinational pharmaceutical company Takeda in San Diego’s University Town Center submarket at $981 per RSF and a strong cash cap rate of 4.5% Alexandria’s tenants rely on the company’s 24/7, high-intensity mission-critical […]
News Release: Alexandria Real Estate Equities, Inc.’s Unique, Highly Sought-After Labspace Assets in High-Barrier-to-Entry Markets Continue to Generate Strong Financial Returns
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 20 Jun, 2023, 08:30 ET Alexandria completes sale of non-core Labspace® assets in Greater Boston market Alexandria is at the vanguard and heart of the over $5 trillion life science industry, which is poised for continued secular growth Alexandria’s tenants rely on the company’s 24/7, high-intensity mission-critical life […]
News Release: CBRE Arranges Full-Building Lease for Life Sciences Company in Boulder, Colorado
New supply helping to alleviate historical supply-demand imbalance in Boulder’s life sciences sector June 16, 2023 CBRE announced that CordenPharma has leased the entirety of a recently renovated life sciences property in Boulder, Colorado. The company will occupy 61,117 sq. ft. across both floors at 2300 55th Street. Blake Harris with CBRE represented the building’s […]
News Release: Land & Buildings Issues White Paper Detailing Impact of Work From Home Trend On Life Science Office Market
Analysis Shows Employee Attendance in Life Science Buildings with a Combination of Laboratory and Office Space Down 50% Compared to Pre-Pandemic Levels – On Par With Traditional Office Buildings Following an In-Depth Analysis of Alexandria Real Estate Equities’ Portfolio, Land & Buildings Predicts Shares Could See ~30-40% Downside From Current Levels June 16, 2023 08:00 […]
News Release: Alloy Properties acquires portfolio of life science assets in Cambridge and Waltham (Mass.)
June 14, 2023 Alloy Properties Acquires Best-In-Class Life Science Assets in Cambridge and Waltham Acquisition marks entry into the top global life science market of Cambridge; brings life science platform’s footprint in Boston to 1.8 million square feet Dallas – June 14, 2023 – Alloy Properties (“Alloy”), a national life science and innovation platform backed […]
News Release: ProKidney plans to invest up to $485 million and create as many as 330 jobs in Greensboro
TUESDAY, JUNE 13, 2023 – 00:00 RALEIGH, N.C. ProKidney, Corp., a late clinical-stage cellular therapeutics company focused on chronic kidney disease (CKD), will be establishing a new biomanufacturing facility in Guilford County, potentially creating up to 330 jobs, Governor Roy Cooper announced today. ProKidney, Corp., a late clinical-stage cellular therapeutics company focused on chronic kidney […]
News Release: Brown to publicly present plans for life sciences building, athletics practice facility in June
Pending approval from the City of Providence, the University plans to build a new laboratory space for cutting-edge life sciences research and boost its athletics program with a proposed new indoor training facility. PROVIDENCE, R.I. [Brown University] — After key approvals by its governing board in late May, Brown University will present plans for a […]