News Release: Phoenix Designates Park Central, Midtown Phoenix as Newest Bioscience Hub
Phoenix Medical Quarter, Global Advancement of Health and Education PHOENIX (April 12, 2023) – In her State of the City address on April 12, Phoenix Mayor Kate Gallego announced that Park Central and midtown Phoenix have been designated as the newest Bioscience Hub in the community, known as the Phoenix Medical Quarter, Global Advancement of […]
News Release: Newmark Facilitates Recapitalization of 15 Necco Street in Boston, Massachusetts
FOR IMMEDIATE RELEASE In the largest single-building life science transaction in the U.S. year-to-date 2023*, an Alexandria Real Estate Equities, Inc. affiliate and National Development transferred a partial interest in a Class A life science development to Mori Trust Boston, MA (Apr. 12, 2023) — Newmark has arranged the recapitalization of 15 Necco Street, a […]
News Release: Barings Closes Inaugural Innovation and Growth Real Estate Fund at $680 Million
Latest fundraise expands Barings’ $13.1+ billion* U.S. real estate equity platform April 12, 2023 12:00 PM Eastern Daylight Time CHARLOTTE, N.C.–(BUSINESS WIRE)–Barings, one of the world’s largest diversified real estate investment managers, today announced the successful close of its inaugural Barings Innovation and Growth Real Estate Fund (“BIG”) and associated vehicles at $680 million, surpassing […]
News Release: Alexandria Real Estate Equities, Inc. Closes Strategic Partial Interest Transaction for 15 Necco Street in the Seaport Innovation District of Greater Boston
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Apr 12, 2023, 08:30 ET PASADENA, Calif., April 12, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations with an asset base in […]
News Release: GI Partners Announces Acquisition of 12800 Culver Boulevard for its Essential Tech + Science Fund
NEWS PROVIDED BY GI Partners Apr 12, 2023, 07:30 ET The “ETS Fund” acquires and operates data centers, life sciences labs, and “Always On” technical operations and research facilities SCOTTSDALE, Ariz., April 12, 2023 /PRNewswire/ — GI Partners, a leading private alternatives investment firm, has announced the acquisition of 12800 Culver Boulevard in Los Angeles, […]
News Release: Mori Trust Acquires Partial Interest in Overseas Life Science Development Project for the First Time 15 Necco Street, Boston, Massachusetts Joint venture for laboratory and office development
April 12, 2023 MORI TRUST CO., LTD Mori Trust Co., Ltd. (Head Office: Minato-ku, Tokyo; President: Miwako Date) hereby announces that on April 12, 2023 (U.S. local time: April 11), it has acquired a partial interest in a laboratory and office development project located in Boston, USA, through its U.S. subsidiary MORI America LLC. Mori […]
News Release: Meridian Medical Technologies, a Kindeva Drug Delivery Company, Investing $100+ Million in Bridgeton, Missouri, Expansion
April 11, 2023 09:00 AM Eastern Daylight Time ST. LOUIS & ST. PAUL, Minn.–(BUSINESS WIRE)–Meridian Medical Technologies, a Kindeva Drug Delivery Company, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products, announced today, during National Community Development Week, it will expand manufacturing capabilities in Bridgeton, Missouri — investing more than […]
News Release: ThinkCyte Primed for Continued Growth as it Expands With New Bay Area Headquarters
NEWS PROVIDED BY ThinkCyte Inc. Apr 10, 2023, 08:36 ET REDWOOD CITY, Calif. and TOKYO, April 10, 2023 /PRNewswire/ –ThinkCyte, a biotechnology company pioneering a novel artificial intelligence (AI)-based cell analysis, characterization, and isolation platform, today announced the relocation of its US headquarters to Redwood City, California to accommodate its rapid growth and leverage the […]
Life Sciences: Belward Campus plan finally set to move ahead
Trammell Crow gets OK for first life sciences buildings for long-awaited Maryland project By Murray W. Wolf The long-awaited development of life sciences space on the historic Belward Farm tract is finally about to move forward. The Montogomery County (Md.) Planning Board voted 5-0 on March 30 to approve Trammell Crow Company’s initial site plan […]
News Release: Pritzker Administration Announces $105 Million Investment for Southern Illinois University Edwardsville
Press Release – Thursday, April 06, 2023 Funding supports the construction of new health sciences building Southern Illinois – Governor JB Pritzker announced the investment of more than $105 million for the construction of a health sciences building and renovations to existing buildings at the Southern Illinois University Edwardsville (SIUE) campus. The funding is made […]
News Release: Life Sciences Manufacturing Leader, Meissner, to Build New Manufacturing Facility in Athens, Georgia
ATLANTA, Georgia, U.S.A. – April 5, 2023 – Governor Brian P. Kemp announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems for the development and manufacture of pharmaceutical drugs, therapeutics, biologics, and cell and gene therapies, will invest nearly $250 million in a new manufacturing facility in Athens-Clarke County. The […]
News Release: ProPharma Announces New Global Headquarters in Raleigh, NC as Hub for Innovation and Talent
RALEIGH, NC, April 3, 2023: ProPharma Group (ProPharma), the leading global provider of regulatory, clinical and compliance services for the life sciences industry and a portfolio company of Odyssey Investment Partners, announces the opening of a new global headquarters in Downtown Raleigh, North Carolina. ProPharma’s new global headquarters will serve as the company’s primary location […]
Life Sciences: Southline to get a new tenant and a big addition
The original building in South Boston will be expanded by 305,000 s.f. By Murray W. Wolf BOSTON – There has been a flurry of activity in recent days surrounding Beacon Capital Partners LLC’s Southline Boston project, the ongoing redevelopment of the former Boston Globe headquarters property in South Boston. Last week, Beacon submitted plans for […]
News Release: Deerfield Management Announces $25M Grant from New York State and Empire State Development to Build a Lab of the Future at Healthcare Innovation Campus, Cure®
Next-generation laboratory will leverage AI and ML to drastically improve speed, accuracy, and cost of drug development NEW YORK, NEW YORK – March 29, 2023 – Deerfield Management Company, a New York City-based healthcare investment firm, announced today that the State of New York and Empire State Development (“ESD”) will provide $25 million in grant […]
News Release: Portal Innovations Expands to South Boston
Partners with ZoE Life Sciences / Beacon Capital to Operate State-of-the-Art Lab Space and Invest in Bioscience Startups at Southline March 29, 2023 10:00 AM Eastern Daylight Time CHICAGO & BOSTON–(BUSINESS WIRE)–Portal Innovations, a leading life sciences venture development engine, announced today that it will be expanding its operations to South Boston in April, 2023. […]