News Release: Mayor Adams, Governor Hochul Unveil Plan for First-of-Its-Kind Job and Education Hub for Growing Health Sector
October 13, 2022 Video available at: https://youtu.be/nMvukya07Bc Historic Investment from City and State, in Partnership With CUNY, Will Ensure New York City Becomes Global Leader in Accessible Life Science and Public Health Careers New, State-of-the-Art Brookdale Campus Will Create Career Pipeline for New York City Students and Anchor Life Sciences Industry New Project Delivers on […]
News Release: Ionis announces plan for new manufacturing facility in Oceanside, Calif.
Larger facility will significantly increase Ionis’ development chemistry and manufacturing capabilities Sudberry Properties will build the facility and lease to Ionis for 20-plus years; Ionis retains option to renew and right of first offer to purchase the property CARLSBAD, Calif., Oct. 12, 2022 /PRNewswire/ — Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that it has […]
News Release: JLL launches Life Sciences practice group in Raleigh-Durham (N.C.)
The firm will continue its investment in the rapidly growing sector under the leadership of new hire Eric Forshee Raleigh, N.C., Oct. 10, 2022 – JLL today announces the launch of a dedicated Life Sciences practice in the firm’s Raleigh-Durham office to build upon the firm’s capabilities and demonstrate its continued investment in the sector. […]
News Release: AMGEN OPENS NEW STATE-OF-THE-ART RESEARCH AND DEVELOPMENT LABORATORY SITE IN SAN FRANCISCO BAY AREA
245,000 Square Foot Lab Demonstrates Amgen’s Continued Commitment to Innovation THOUSAND OAKS, Calif., Oct. 6, 2022 /PRNewswire/– Amgen (NASDAQ:AMGN) today announced the opening of a new research and development site in San Francisco’s Oyster Point, continuing the company’s nearly two-decade presence in the region. The new site will constitute the company’s second largest research and […]
News Release: Governor McKee Announces Major Life Sciences Development Project to Move Forward in the I-195 Innovation and Design District
212,000 square foot, 7-story building funded in part by an $81.7M CDC grant will house the State’s new health lab, life sciences labs for Brown University, and additional bio-technology space ANCORA L&G selected as developer following competitive RFP process PROVIDENCE, R.I., Oct. 4, 2022, (BUSINESS WIRE)–Governor Dan McKee today announced that a major life sciences […]
News Release: BioMed Realty partners with Babraham Research Campus Limited to expand the Campus and its ecosystem
BioMed Realty and Babraham Research Campus Ltd to deliver 40,000 square foot building through a new joint venture This development represents BioMed’s investment in its third building on the Campus and provides much needed space for scale-ups in the Cambridge, UK market The joint venture anticipates investing an additional £26 million to develop this facility […]
News Release: CapitaLand Ascendas REIT to convert San Diego office property to Life Sciences property
Singapore, 30 September 2022 – CapitaLand Ascendas REIT Management Limited (“the Manager”), formerly known as Ascendas Funds Management (S) Limited, the manager of CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), is pleased to announce the signing of a full building lease agreement with Crinetics Pharmaceuticals, Inc., for its […]
News Release: Revista to launch the first customized life science building database
Company will provide the bioscience real estate sector’s only online archive of life science properties, as well as industry statistics and resources, national and regional market reports, and strategic networking events ARNOLD, Md., September 30, 2022 – Record funding levels for Biotech companies in recent years have fueled increasing industry demands for more life science […]
Life Sciences: Revista launches a life sciences real estate data service
Commercial real estate research firm has started tracking deals, developments By Murray W. Wolf ARNOLD, Md. – About eight-and-a-half years ago, a startup firm called Revista started to fill a void in the healthcare real estate (HRE) space by launching a data service tracking property information in the sector. Over the years, the Arnold-based firm’s […]
News Release: GI Partners Announces the Acquisition of Premier Life Sciences Properties in San Diego, CA
SCOTTSDALE, Ariz., Sept. 29, 2022 /PRNewswire/ — GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology and science real estate by announcing the acquisition of a core, 100% net leased life sciences portfolio in San Diego, CA. The portfolio consists of the fee simple interest in a two-building, 84,000 […]
News Release: Cure Rare Disease Acquires Laboratory Space for New Headquarters in Connecticut
Boston-based biotechnology company to relocate headquarters and expand operations in Woodbridge WOODBRIDGE, Conn., Sept. 29, 2022,(BUSINESS WIRE)–Cure Rare Disease (CRD), a clinical-stage nonprofit biotechnology company, has acquired its first laboratory space at 4 Research Drive in Woodbridge, Connecticut, where the organization will relocate its headquarters and expand its research and development operations. The 30,000 square […]
News Release: Resiliency and innovation fueling life sciences growth
Despite short-term challenges, the industry is set for long-term gains, and a new cluster model offers directional guidance for markets to focus investment efforts CHICAGO, Sept. 28, 2022 – The last few years catapulted the life sciences industry to record levels of demand. Though the sector isn’t immune to short-term, macroeconomic challenges, science doesn’t stop, […]
News Release: CBRE Investment Management Fund Acquires 662,607-Square-Foot, Class A Life Sciences Campus in Raleigh-Durham’s Research Triangle
RALEIGH-DURHAM, NC, Sept. 27, 2022 — CBRE Investment Management, on behalf of a separate account client, has acquired Park Point, a 662,607-square-foot life sciences campus in Raleigh-Durham’s Research Triangle. Located at 4001 NC Highway 54, Durham, North Carolina, the Class A property is aligned with the firm’s commitment to investing in life sciences assets as the […]
Life Sciences: Three-part transaction will refresh, reshuffle landmark LSRE spaces in Cambridge, Mass.
Boston Properties, Biogen and Broad Institute strike deals in the Kendall Square area CAMBRIDGE, Mass. – Three of the biggest names in the Boston/Cambridge life sciences real estate (LSRE) market disclosed Tuesday (Sept. 20) that they are reshuffling the ownership and occupancy of two landmark properties in the life sciences-rich Kendall Square district. ■ 125 Broadway. […]
News Release: KKR Invests in 400 Summer Street Joint Venture in Boston Seaport
September 23, 2021 07:00 AM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced that it has completed a major investment in a joint venture with WS Development and the Public Sector Pension Investment Board (“PSP Investments”) for 400 Summer Street, a new state-of-the-art life science tower currently under construction in Boston’s […]