News Release: Vitrian and The Howard Hughes Corporation Form Joint Venture to Develop Life Science Projects in The Woodlands, Texas
March 08, 2023 02:25 PM Eastern Standard Time THE WOODLANDS, Texas–(BUSINESS WIRE)–Vitrian, a national platform providing an end-to-end solution for mission-critical biomanufacturing facilities, and The Howard Hughes Corporation (NYSE: HHC) announced today their formation of a joint venture to develop cGMP/Biomanufacturing facilities in HHC’s award-winning master planned community of The Woodlands. Building upon the rapidly […]
News Release: BXP Unveils Plans for a Life Science Innovation District in Rockville, Maryland
Monday, March 6, 2023 The Shady Grove Innovation District is a planned mixed-use, transit-served innovation ecosystem of more than 1.3M SF located in Maryland’s premier life sciences cluster. BXP, formerly Boston Properties, recently unveiled plans at its pre-application community meeting to develop the Shady Grove Innovation District (“SGID”), a world-class, amenity-rich, mixed-use district catering to […]
Life Sciences: Mayo moving ahead with 76-acre project in Phoenix
The Discovery Oasis campus could total 3.3 million s.f. of life sciences and medical space PHEONIX – The goal of creating a biotechnology corridor in northeast Phoenix might soon take another big step forward. Mayo Clinic has submitted a Planned Unit Development (PUD) document to the City of Phoenix to formally begin the approval process […]
News Release: Graymark Capital’s “Gray Matter” Life Science Initiative Recapitalizes 230,000 Sf Life Science Building In San Carlos, California
– Graymark Capital, Inc. completed a recapitalization of its 230,000 square foot life science project in San Carlos, CA with BentallGreenOak, a global real estate investment advisor. 150 Industrial is an existing life science building that will be re-imagined with new exterior façade, outdoor amenity areas and modern lab buildout. The property has the largest […]
News Release: JLL arranges $310M construction loan for first all-electric life sciences campus in California
News release Avia Labs at Millbrae Station caters to tenants seeking purpose-built space in a transit-oriented location SAN FRANCISCO, Mar. 3, 2023 – JLL’s Capital Markets group announced today that it arranged a $310 million construction loan for the development of Avia Labs at Millbrae Station, a best-in-class life sciences development totaling 315,000 square feet […]
News Release: SmartLabs Announces Launch of its Most Advanced Managed Research Center
East Cambridge site establishes largest network of novel modality development and bioproduction capacities by any organization in the world and expands company’s Greater Boston footprint by 75% March 01, 2023 09:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–SmartLabs, a company reinventing how therapies and medical devices are developed and brought to market by building the most […]
News Release: CBRE Adds Prominent Life Sciences Team in the San Francisco Bay Area
Press Release FOR IMMEDIATE RELEASE CBRE Adds Prominent Life Sciences Team in the San Francisco Bay Area The team brings more than 30 years of leadership and expertise in life sciences across northern California and Nevada Burlingame, CA. – Feb. 28, 2023 – CBRE announced that Gregg Domanico, Michael Domanico, Sai Domanico and Jordan Domanico […]
News Release: TCC and Beacon Capital Partners Begin Vertical Construction on Hyde Park Labs in Chicago
Chicago, IL | February 21, 2023 300K-SF Life Sciences Building will Promote Science and Technology Hub Near University of Chicago Campus; UChicago to Lease 55,000 Square Feet Trammell Crow Company (TCC), a global commercial real estate developer, and Beacon Capital Partners (Beacon), a leading real estate developer, owner, and manager of life science and office […]
Life Sciences: Ventas earmarked about $700 million for LSRE in 2022
Its development partner, Wexford, recently started on a $425M project in Charlotte, N.C. By Murray W. Wolf CHICAGO – Ventas Inc. (NYSE: VTR), a Chicago-based real estate investment trust (REIT) perhaps better known for its senior living and medical office investments, continues to prioritize life sciences real estate (LSRE) as it adds to its portfolio. […]
News Release: A Joint Venture Between Onyx Equities And Machine Investment Group Acquires Two Million Sf Biologics Research And Development Campus In Kenilworth, N.J., From Merck Sharp & Dohme LLC With Plans To Continue Site’s Current Use
NEWS PROVIDED BY Onyx Equities Feb 16, 2023, 16:34 ET Merck to Continue as Tenant While New Headquarters Is Expanded. NEWARK, N.J., Feb. 16, 2023 /PRNewswire/ — A Joint Venture between Onyx Equities, LLC and Machine Investment Group, LLC (“the Venture”) has acquired Merck Sharp & Dohme LLC (“Merck”) former world headquarters, which features nearly two […]
News Release: Fluor Selected for Agilent Life Sciences Facility Expansion in Colorado
February 16, 2023 04:06 PM Eastern Standard Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as part of the project. […]
News Release: Oxford further expands biomanufacturing real estate platform with US$125 million GMP facility acquisition in Boston
Purchase and lease back of 120,000 square foot state-of-the-art facility grows Oxford’s North American cGMP real estate portfolio and pipeline to 2.4 million square feet across 12 sites February 14, 2023 BOSTON Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, today announced the purchase and long-term lease back […]
News Release: Merck Announces Sale of Campus in Kenilworth, N.J., to Onyx Equities, LLC
February 16, 2023 3:00 pm ET RAHWAY, N.J., Feb.16, 2023 – Merck (NYSE: MRK), known as MSD outside of the United States and Canada, announced today that it has reached an agreement to sell its 108-acre campus in Kenilworth, N.J., to Onyx Equities, LLC. Merck will vacate the property in phases over the next several […]
News Release: Gladstone Institutes to Expand Its Footprint
February 14, 2023 A drug that can reverse signs of Alzheimer’s disease. A therapy to regenerate damaged hearts and cure heart failure. New ways to kill cancer cells. A cure for HIV. These are some of the dreams that researchers at Gladstone Institutes are working to make a reality. To do this work, the scientists […]
News Release: Alexandria Venture Investments Ranked Among Top Five Most Active U.S.-Based Investors in Agrifoodtech for Third Consecutive Year
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Feb 14, 2023, 08:30 ET PASADENA, Calif., Feb. 14, 2023 /PRNewswire/ — Alexandria Venture Investments, the strategic venture capital platform of Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and technology campuses in AAA […]