News Release: JLL arranges major capitalization for Gattuso Development’s new Philadelphia life sciences project
News Release The state-of-the-art building at 3201 Cuthbert Street will be the largest life sciences research and lab facility in the city PHILADELPHIA, Dec. 19, 2022 – JLL’s Capital Markets group announced today that it has arranged a $290 million construction loan that will allow project partners Gattuso Development Partners and Vigilant Holdings of New […]
News Release: Planning Application Submitted at Canary Wharf for Europe’s Largest and most Technologically Advanced Life Sciences Building
THURSDAY 15 DECEMBER 2022 Joint Venture between Canary Wharf Group and Kadans Science Partner plans to establish a unique 23- storey vertical campus at the heart of a new world class life sciences ecosystem Canary Wharf Group (“CWG”) and Kadans Science Partner (“Kadans”) are submitting a detailed planning application for a state-of-the-art commercial health and […]
Feature Story: Expert advice – Be patient and proactive
GlobeSt panel remains upbeat about the prospects for LSRE By Murray W. Wolf As we all know, we’re in a period of economic uncertainty that is resulting in a slowdown of life sciences real estate (LSRE) transactions, financing, development and leasing activity. So what’s a LSRE professional to do? A panel of industry experts that […]
News Release: Texas Biomed added to national readiness and preparedness network
Posted: 12.13.2022 Move Positions Texas as Top Provider of Medical Countermeasures for Public Safety and National Security SAN ANTONIO (December 13, 2022) – The federal agency that protects against pandemics and bioterrorism has elevated Texas Biomedical Research Institute into the top ranks of its national readiness and preparedness network. The new designation as a prime […]
News Release: GSK announces new global headquarters in central London
12 December 2022 Issued: London UK For investors and media only Location offers closer proximity to UK capital’s fast-growing global Life Sciences hub, Knowledge Quarter and world-class academic institutions Building and location will help GSK achieve ambitious sustainability targets Company to open new headquarters in 2024 GSK plc (LSE/NYSE: GSK) today announced that its new […]
Joseph Simone Says Research Commercialization Will Drive New Expansion Of Life Sciences Real Estate
BRONX, NY, (PRWEB) DECEMBER 12, 2022 — The commercialization of cutting-edge medical research will drive a new wave of life-sciences real estate expansion near hospitals, said Joseph Simone of Simone Development Companies. “Research hospitals like the Albert Einstein College of Medicine in the Bronx are pioneering new therapies for cancer, HIV, and brain injuries. Gene-editing tools […]
News Release: $81 million investment will create 94 new jobs
Thursday, December 8, 2022 The Ritedose Corporation, a locally owned and operated pharmaceutical manufacturer, today announced plans to expand operations in Richland County. The company’s $81 million investment will create 94 new jobs. Founded in 1995, The Ritedose Corporation operates a state-of-the-art “blow-fill-seal” (BFS) facility, where liquid-pharmaceuticals are formulated, filled and packaged for distribution. For […]
Life Sciences: Are more LSRE investors willing to look farther afield?
The $213.3M acquisition of a Durham, N.C., agtech campus could be a sign of things to come By Murray W. Wolf DURHAM, N.C. – Although life sciences real estate (LSRE) has grown more mainstream in recent years, it is still viewed by many investors as an “alternative” asset class. Now, with investor demand for LSRE […]
News Release: City of Vacaville (Calif.) approves Axiom Point, a new 375,000 SF biomanufacturing campus
Transwestern Project Expected to Attract Life Sciences Jobs to Area December 07, 2022 VACAVILLE, CALIF. – Transwestern Ventures (TWV), in partnership with Transwestern Real Estate Services (TRS), announces that the City of Vacaville’s Planning Commission has approved plans to develop Axiom Point, a 375,000-square-foot, state-of-the-art biomanufacturing campus. The new development will be located on 22.4 […]
News Release: Alcresta Therapeutics Announces Move to New Corporate Headquarters in Waltham, MA
Waltham, MA—December 5, 2022—Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel enzyme-based products, today announced that it has moved its corporate headquarters to the Stony Brook Office Park in Waltham, MA. The new facility will combine the company’s corporate office personnel, formerly headquartered in Newton, MA, and its research and […]
News Release: More Class A industrial space set for development in Johnston County
December 6, 2022 County Commissioners Approve Plan for Up To 295,000-Sq.-Ft. Spec Space in Benson Johnston County, N.C. – December 5, 2022. Johnston County’s inventory of high-quality industrial space is set to continue growing as E.D. Parker Corporation finalizes plans for a speculative building in Benson that will span from 275,000 square-feet to 295,000 square-feet. […]
News Release: Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs
Gov. Whitmer Announces Pfizer Investing $750 Million to Expand U.S. Sterile Injectable Facility, Create 300 Jobs Investment further establishes the Kalamazoo, MI site as one of the most technologically advanced science facilities in the world, expanding access to Pfizer’s breakthrough medicines. LANSING, Mich., Dec. 5, 2022– Today Governor Gretchen Whitmer announced that Pfizer Inc. will be investing […]
Life Sciences: Boston gives the OK to three big new LSRE developments
GI, Oxford and Marcus get approval for separate projects totaling more than 1.1 million s.f. By Murray W. Wolf Despite the recent slowdown in life sciences activity, Boston officials recently gave the green light to three big new life sciences real estate (LSRE) projects totaling more than 1.1 million square feet. During its Nov. 17 […]
News Release: TCC Breaks Ground on 282,700-SF Life Science Development in Seattle; Pre-Leases 124,000 SF
Seattle, WA | November 30, 2022 Rendering of 1916 Boren exterior Trammell Crow Company (TCC), a global commercial real estate developer, and partner Washington Capital Management, on behalf of their clients, have broken ground on a new life science development in Seattle. Rising 11 stories, 1916 Boren will include 282,700 square feet of life science […]
News Release: Just Financed – Ionis Pharmaceuticals Campus
Capital Markets | Healthcare & Life Sciences Just Financed State-of-the-Art Life Sciences Campus 100% Absolute Net Leased to Ionis Pharmaceuticals Transaction Highlights Date Closed 10/20/2022 Size 246,699 GSF Leased 100% Ionis Pharmaceuticals Campus CBRE U.S. Healthcare and Life Sciences Capital Markets has arranged acquisition financing for the Ionis Pharmaceuticals Campus (the “Campus”), located in Carlsbad, […]