News Release:Sonoma Biotherapeutics Enters Long-Term Lease Agreement to Establish a Treg Cell Therapy R&D and Manufacturing Center
Center will be devoted to research, development and manufacturing of novel regulatory T cell (Treg) therapies for autoimmune and inflammatory diseases Center will house a cGMP-compliant manufacturing facility designed to produce cell products at scale for upcoming clinical trials across Sonoma Bio’s gene-modified Treg programs SOUTH SAN FRANCISCO, Calif. & SEATTLE, Aug. 24, 2022–(BUSINESS WIRE)–Sonoma […]
News Release: Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis
August 24, 2022 08:48 AM Eastern Daylight Time CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance & Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the […]
News Release: CBRE Expands Healthcare and Life Sciences Platform in Houston with Hire of Walker Pennington
HOUSTON, Aug. 18, 2022 — CBRE announced today that Walker Pennington has joined CBRE’s Healthcare and Life Sciences team in Houston as a Senior Associate. Mr. Pennington’s healthcare-specific real estate experience brings immediate value to the team as the industry continues to grow in Houston. He will partner with Scott Carter, Nelson Udstuen, and Brandy Bellow […]
News Release: Cellipont Announces Plans for Commercial-Ready Cell Therapy Facility in Houston
Cellipont Bioservices, a leading cell therapy contract development and manufacturing services company, is planning a new commercial-ready site in The Woodlands, Texas. POWAY, CA – August 17, 2022 –Cellipont Bioservices, a cell therapy contract development and manufacturing organization (CDMO), today announced plans for a 76,000 sq. ft. commercial-ready manufacturing facility for cell therapies and gene-modified […]
News Release: VGXI Announces Grand Opening Celebration for New Headquarters and Manufacturing Facility
Specialized plasmid DNA contract manufacturer VGXI, Inc. announces date for the Grand Opening celebration of its new headquarters and expanded manufacturing facility in Conroe, TX. CONROE, TEXAS (PRWEB) AUGUST 17, 2022 — VGXI, Inc., an industry-leading contract developer and manufacturer (CDMO) of nucleic acid biopharmaceuticals including gene therapies, DNA vaccines, and RNA medicines, announces the […]
News Release: WuXi STA Breaks Ground for New Pharmaceutical Manufacturing Facility in Middletown, Delaware
MIDDLETOWN, Delaware, August 16, 2022 – WuXi STA, a leading Contract Research, Development, and Manufacturing Organization (CRDMO), is pleased to announce the groundbreaking for its new 190-acre pharmaceutical manufacturing campus in Middletown, Delaware. First announced in June 2021, this site will be WuXi STA’s second facility in the United States, offering expanded capacity and greater […]
News Release: JLL arranges $230M financing for Somerville life sciences development
15 McGrath Highway will be a 262,000 SF, state-of-the-art building designed to meet the needs of the growing Greater Boston-area life sciences market BOSTON, August 15, 2022 – JLL Capital Markets announced today that it has arranged a $230 million construction loan for the development of 15 McGrath Highway, a speculative life sciences development totaling […]
Life Sciences: 2022 Mid-Year Life Science Overview & Market Clusters (Newmark)
Life science remains well-positioned to continue as one of the most sought after and top performing niche sectors in real estate despite recent macroeconomic deceleration, as both tenant and investor demand for laboratory, incubator, and biomanufacturing (GMP) space improved significantly throughout the COVID-19 pandemic. Key Takeaways Pricing for life science and R&D assets remains at […]
News Release: Breakthrough to Utilize its Expertise in Lab Development and Operations to Support Boulder’s Burgeoning Yet Underserved Biotech Community
BOULDER, Colo., Aug. 11, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has acquired a 9.3-acre, four-building campus in Boulder, CO, which will be transformed into “Boulder 38 by Breakthrough” featuring 164,000-square-feet of office, lab […]
Life Sciences: Life sciences real estate: Still a ‘hot’ market
Despite challenges, Q2 was strong and LSRE professionals remain upbeat long term By Murray W. Wolf and Erin E. Porter NATIONWIDE – OK. Let’s get the bad news out of the way first. Inflation hit a four-decade high of 9.1 percent in June and, although the annualized rate eased slightly to 8.5 percent in July, […]
Life sciences: There will be a ‘hiccup,’ but LSRE prospects remain strong
Over the long haul, this industry will continue to grow, IMN conference panelists agree By John B. Mugford Any question about whether the life sciences real estate (LSRE) sector is in a bit of a bubble right now was put to rest during a panel session at the recent IMN (Information Management Network) Life Sciences […]
News Release: Catalent to Acquire Metrics Contract Services for $475M
Expands high-potent capabilities and oral development and manufacturing capacity. Catalent, Inc. has reached an agreement to acquire Metrics Contract Services, a full-service specialty contract development and manufacturing organization (CDMO) with a facility in Greenville, NC, for $475 million from Mayne Pharma Group Limited. The acquisition will strengthen Catalent’s capabilities in integrated oral solid formulation development, […]
News Release: Upcoming Midtown BioCenter Fully Leased to Morrisville-Based Life Sciences Company
Raleigh, NC – August 9, 2022 – CBRE|Raleigh is pleased to join East West Partners in announcing Morrisville-based TARGAN has leased the entire building at Midtown BioCenter located at the intersection of Six Forks Road and Wake Forest Road in Raleigh, NC. The research/R&D company will expand its operations into the 100,000 square foot former […]
News Release: Westmount Realty Capital Announces the Acquisition of Industrial Portfolio in Minneapolis
MINNEAPOLIS – August 9, 2022 – Westmount Realty Capital announced today the purchase of the West Tech Industrial Portfolio, a 316,752-square-foot portfolio consisting of five office/warehouse buildings in the western and southwestern suburbs of Minneapolis. The portfolio is strategically located within the Twin Cities Medical Alley and Golden Triangle. Spanning 126,936 square feet, the Class […]
News Release: NYC’s Technology Sector Attracts Venture Capitalists and Spurs New Real Estate Leasing
The New York City region’s burgeoning technology and life sciences sectors are attracting increasing interest from venture capitalists who are leasing new office space to be closer to innovation hubs, says Joseph Simone of Simone Development Companies. BRONX, N.Y. (PRWEB) AUGUST 08, 2022 — The New York City region’s burgeoning technology and life sciences sectors […]