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, […]
News Release: Hines Signs Sino Biological as a Tenant at Levit Green, a 53-acre Life Science District in Houston
NOVEMBER 21, 2022 (HOUSTON) – Hines, a global real estate investment, development, and property manager, in partnership with 2ML Real Estate Interests and Harrison Street, today announced a lease at Levit Green, the new 53-acre mixed-use life science district adjacent to the Texas Medical Center in Houston, Texas. Sino Biological, Inc., an international reagent supplier […]
News Release: BioMed Realty Appoints Ankit Patel as Executive Vice President and Chief Financial Officer
Mr. Patel brings strategic and financial leadership through strengths in financial planning and analysis, capital markets, and mergers and acquisitions in the healthcare real estate sector. November 21, 2022 08:00 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced today that […]
News Release: CBRE Completes 100,000 SF Lease at The Loop at Harbor Bay in Alameda
Oakland, CA November 18, 2022 CBRE announced the lease of 1410 Harbor Bay Parkway in Alameda, a 100,000 sq. ft. life science building at The Loop in Alameda, CA., to one of the Bay Area’s top publicly-traded biotech firms. The newly leased building is the largest of the six-building business park totaling approximately 332,000 sq. […]
News Release: The RMR Group Reports Approximately 2.7 Million Square Feet of Leasing Activity for the Three Months Ended September 30, 2022
81 Leases Executed for a Weighted Average Roll Up in Rent of More Than 23% NEWTON, Mass., Nov. 17, 2022, (BUSINESS WIRE)–The RMR Group (Nasdaq: RMR) announced the execution of 81 leases for approximately 2.7 million square feet on behalf of its clients during the three months ended September 30, 2022, including 32 leases […]
News Release: Bulfinch Leases 17,000 SF to Xenon Pharmaceuticals
BOSTON, MA – November 15, 2022 An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, today announced a new lease with Xenon Pharmaceuticals, Inc. for 17,000 SF at 117 Kendrick Street in Needham, MA. Xenon Pharmaceuticals is a clinical stage biopharmaceutical company committed to developing innovative therapeutics to improve […]
News Release: Goldman Sachs Asset Management and Lincoln Harris Purchase 445,000-Square-Foot Life Science Campus in the Heart of Raleigh-Durham’s Research Triangle Park Region
NEWS PROVIDED BY Lincoln Harris Nov 15, 2022, 09:00 ET DURHAM, N.C., Nov. 15, 2022 /PRNewswire/ — A fund managed by the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs) and North Carolina real estate firm Lincoln Harris is acquiring a five-building life science campus that’s part of Triangle Business Center, set in the […]
News Release: CA Establishes Dedicated Life Science Practice
FOR IMMEDIATE RELEASE Alessio Tropeano will lead the division, beginning with the execution of the firm’s initial life science project in Emeryville CHICAGO (November 14, 2022) – CA Ventures (“CA”), the vertically integrated real estate investment management company, today announced the formal launch of its life science platform with the appointment of Alessio Tropeano as […]
News Release: MPower Universities, Partners Announce New Health Computing Institute
Initiative in Montgomery County to Combine Expertise From UMCP, UMB, Medical System By Maryland Today Staff Nov 11, 2022 — The University of Maryland Strategic Partnership: MPowering the State (MPower) announced plans yesterday to establish the University of Maryland 3-Institute for Health Computing, led by the University of Maryland, Baltimore (UMB) and the University of Maryland, […]
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: 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 […]