News Release: CBRE Enhances Integrated Laboratory Solutions Capabilities with Acquisition of Full Spectrum Group
Dallas – Nov. 9, 2022 – CBRE Group (NYSE:CBRE) today announced it has acquired Full Spectrum Group, a leading provider of expert technical support services for high-end laboratory systems in the U.S., from private equity firm Pfingsten Partners for a total consideration of $110 million.This acquisition gives CBRE a new and enhanced technical capability that complements […]
News Release: Institutional Property Advisors Brokers Life Sciences Manufacturing Facility Sale in Greater Tucson
MARANA, Ariz., Nov. 8, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of a 60,437-square-foot life sciences and advanced manufacturing facility in Marana, Arizona. The asset is subject to a 10-year, triple-net lease with options held by Roche Molecular Systems. The sales price was $19 […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires four properties from four sellers on the same day.
Dallas, TX (Nov. 9, 2022) – Big Sky Medical announces the closing of four independent transactions including three medical office buildings and a state-of-the-art life science facility on October 21st. The four properties are located in Texas (2) and Maryland (2) and combine for a total of 382,509 rentable square feet. The addition of these […]
News Release: Newmark Completes $103 Million Sale of Burlington BioCenter in Burlington, Massachusetts
The Gutierrez Company and GEM Realty Capital sell newly delivered life science asset to MetLife Investment Management BURLINGTON, Mass., November 9, 2022 — Newmark announces the $103 million sale of Burlington BioCenter, a newly delivered life science asset that is located 15 miles northwest of Boston in Burlington, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert […]
News Release: Newmark Completes $103 Million Sale of Burlington BioCenter in Burlington, Massachusetts
The Gutierrez Company and GEM Realty Capital sell newly delivered life science asset to MetLife Investment Management November 9, 2022 9:00 AM Newmark announces the $103 million sale of Burlington BioCenter, a newly delivered life science asset that is located 15 miles northwest of Boston in Burlington, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert […]
News Release: Institutional Property Advisors Brokers Life Sciences Manufacturing Facility Sale in Greater Tucson
MARANA, Ariz., Nov. 8, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of a 60,437-square-foot life sciences and advanced manufacturing facility in Marana, Arizona. The asset is subject to a 10-year, triple-net lease with options held by Roche Molecular Systems. The sales price was $19 […]
News Release: TRANSWESTERN BROKERS 24,000 SF IN LEASES AT ILUME INNOVATION CENTER
PHOENIX, Nov. 8, 2022– Transwestern Real Estate Services (TRS) announces that it brokered three leases totaling 24,134 square feet at Ilume Innovation Center, 19001 N. Scottsdale Road, Scottsdale, Arizona. Transwestern Senior Vice Presidents Mark Stratz, Vince Femiano and Scott Baumgarten brokered the leases on behalf of building ownership, Stockdale Capital Partners, and lead leasing efforts […]
News Release: $213.4M financing arranged for Northern California life sciences portfolio
JLL Capital Markets led the acquisition financing efforts for the 5-building, Class A portfolio in San Francisco and San Carlos NEWPORT BEACH, Calif., Nov. 7, 2022 – JLL Capital Markets announced today that it has arranged $213.4 million in financing for a five-building life sciences portfolio totaling 325,977 square feet in South San Francisco and San […]
News Release: OLDHAM GOODWIN CAPITAL MAKES RECORD BREAKING SALE OF LONG-UNDERUTILIZED WESTINGHOUSE BUILDING PROJECT
DEAL IS LARGEST LIFE SCIENCE REAL ESTATE TRANSACTION IN TEXAS THIS YEAR COLLEGE STATION, Texas, Nov. 7, 2022 /PRNewswire/ — Dallas-based Big Sky Medical is the new owner of the Westinghouse Building at Providence Park. Oldham Goodwin Capital, the real estate private equity investment and development arm of Oldham Goodwin, acquired the 175,752 square-foot facility, […]
News Release: Pharmaceutical Company Leases 105,457 SF at Brown Field Tech Park I in San Diego
For Immediate Release Cushman & Wakefield represents landlord, Hines, in transaction in Otay Mesa submarket SAN DIEGO, Calif. – November 7, 2022 – Cushman & Wakefield announced the completion of a new lease for a 105,457-square-foot building at Brown Field Tech Park I in the Otay Mesa submarket of San Diego, California. The tenant is […]
News Release: EdiGene Biotechnology Moves into New R&D Center at Waltham, Mass. to Advance Proprietary LEAPER™ Technology into Transformative in vivo RNA Editing Therapies
BEIJING & WALTHAM, Mass., Nov. 7, 2022, (BUSINESS WIRE)–EdiGene, Inc., a global, clinical-stage company focused on translating its gene-editing technologies into transformative genetic medicines for patients with significant unmet medical needs, announced its subsidiary, EdiGene Biotechnology USA, has moved into a new Research & Development Center in Waltham, Mass. to advance proprietary LEAPER™ technology into […]
Life Sciences: U.S. Life Sciences Real Estate Market Shifted in Q3 from ‘White-Hot’ to ‘Red Hot’
Dallas, TX Lab vacancy across 12 largest life sciences markets increased in third quarter but remains well below pre-pandemic level November 4, 2022 The U.S. life sciences real estate market showed signs of normalizing in this year’s third quarter after setting records in 2021, according to a new report from CBRE. Still, the market’s latest […]
Life Sciences: ‘Still a pretty bright future’
Revista panelists reflect on the data and discuss the state of the market By Murray W. Wolf Two weeks ago, Bioscience Real Estate Insights (BREI) reported on the data shared by Revista during the firm’s inaugural RevistaLab Life Science Real Estate (LSRE) Investment Forum, summarizing the findings by saying that life sciences is “here to […]
News Release: Ventas Reports 2022 Third Quarter Results
November 03, 2022 04:10 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights Net Income Attributable to Common Stockholders (“Attributable Net Income (Loss)”) per share of $0.00 Normalized Funds from Operations* (“Normalized FFO”) per share of […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2022 Results
Net Loss Attributable to Common Shareholders of $0.34 Per Share Normalized FFO Attributable to Common Shareholders of ($0.06) Per Share November 02, 2022 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2022. Jennifer Francis, President and Chief Executive Officer of DHC, […]