News Release: Rising Construction Tide Lifts Office-To-Lab Conversions
Dallas, TX Life sciences hubs showing the largest percentage gains in conversion activity include Los Angeles, San Francisco, Boston 25 Apr 2022 A sharp increase in construction of life sciences labs in the U.S. has included big gains in a premium category: conversions of office buildings to labs. According to a new report from CBRE, […]
News Release: Brandywine Realty Trust Announces First Quarter (2022) Results
Press Release Apr 20, 2022 PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2022. Management Comments “We continue to experience increased levels of physical occupancy and traffic as tenants focus on higher quality, well amenitized buildings,” stated Gerard […]
News Release: Brasfield & Gorrie Completes Roxboro at Venable Center (Durham, N.C.)
April 20, 2022 The Research Triangle’s presence in the in-demand life sciences market has increased with the completion of the Roxboro at Venable Center in Durham, North Carolina, by general contractor Brasfield & Gorrie. The eight-story, mixed-use building includes 213,000 sq ft of shell office and lab space, including: Efficient floorplates Two independent sky deck lounges A […]
News Release: Clarion Partners Real Estate Income Fund Inc. (CPREIF) Enters San Diego Life Sciences Market with New Acquisition in Carlsbad, CA
Investors see booming demand for life sciences R&D and laboratory facilities April 19, 2022 09:00 AM Eastern Daylight Time SAN MATEO, Calif.–(BUSINESS WIRE)–Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically expanded its property portfolio with the acquisition of Fusion Life Science HQ*, a 121,541 square foot hybrid creative office and research and development […]
News Release: Governor Laura Kelly Announces Largest Economic Development Investment in Kelly Administration History (Kansas)
Apr 18, 2022 ~~$650 Million in Business Investment in Kansas Economy, 500 New High-Paying Jobs in Manhattan~~ MANHATTAN – Today, Governor Laura Kelly announced her administration’s most significant economic development project to date. Scorpion Biological Services, a subsidiary of Heat Biologics, Inc., is commencing on a planned development of a new 500,000 square foot biomanufacturing […]
Thought Leaders: Life Science: Thriving As Never Before
Life science real estate, along with data centers and industrial real estate, has thrived enormously over the past two years of the pandemic. As the world economies transition to a new phase, where COVID-19 is understood to be in an endemic state, there are no signs that demand for this fast-growing niche in commercial real […]
News Release: Biomed Realty Acquires Premier Site in Seattle Innovation Cluster
PRESS RELEASE Denny Park South site represents more than 600,000 square-feet of best-in-class life science development potential, adding to BioMed’s growing pipeline in South Lake Union SEATTLE – April 15, 2022 – BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced the acquisition of Denny Park […]
News Release: Trammell Crow Company, Principal Real Estate Investors Announce 500,000-SF Life Science Campus in Maryland
Press Release Frederick, Md. | April 13, 2022 Trammell Crow Company (TCC), the nation’s largest commercial real estate developer, and Principal Real Estate Investors, a top-10 global real estate asset manager , announced plans for Jefferson Technology Park, a 500,000-square-foot life science campus in Frederick, MD. The campus will include two 100,000-square-foot laboratory, research, and […]
News Release: Phoenix to be Site of New UArizona Health Sciences Center Targeting Immunotherapies
The Center for Advanced Molecular and Immunological Therapies will provide staff, facilities, support and services to advance precision medicine. April 6, 2022 Phoenix will soon be the home of the Center for Advanced Molecular and Immunological Therapies, a new University of Arizona Health Sciences center focused on developing biological therapies that stimulate or suppress the […]
News Release: JLL closes sale of Flatiron Park in Boulder, Colorado
The sale of Flatiron Park represents the largest single asset sale in Colorado history DENVER, Apr. 6, 2022 – JLL’s Capital Markets group announced today that it has closed the record-setting sale of Flatiron Park, a 22-building life sciences and office campus totaling one million square feet in Boulder, Colorado. JLL worked on behalf of […]
News Release: BioMed Realty Acquires Largest Life Science and Office Campus in Boulder, Colorado
Flatiron Park to anchor BioMed’s presence in thriving Boulder innovation ecosystem April 04, 2022 08:55 AM Eastern Daylight Time BOULDER, Colo.–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced the acquisition of Flatiron Park located in Boulder, Colorado. The one-million-square-foot, 22-building life science and office […]
News Release: HATCHspaces® Joins NexCore Group to Form a National Platform for Domestic Life Sciences Real Estate Development
HATCHspaces® and NexCore JV’s most recent acquisition is a biomanufacturing facility in West Los Angeles, acquired with Nuveen (Photo: Jonathan Ramirez – Archlenz Photography) March 30, 2022 01:01 PM Eastern Daylight Time DENVER & LOS ANGELES–(BUSINESS WIRE)–NexCore Group, a national healthcare real estate developer and investor, and HATCHspaces, LLC, a developer and operator of […]
News Release: Just Closed – Webster Medical Office & Life Science Campus
Capital Markets | Healthcare & Life Sciences Just Closed 100% Leased Multi-Tenant, Campus-Adjacent Medical Office & Life Science Portfolio Transaction Highlights Date Closed 03/18/2022 Size 94,506 SF Occupancy 100% Webster Medical Office & Life Science Campus | Houston, TX CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of the Webster Medical Office […]
News Release: Trammell Crow Company and High Street Residential Break Ground on Life Science Hub and Multifamily Tower Adjacent to the Georgia Tech Campus
Atlanta, GA | March 29, 2022 Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and its residential subsidiary, High Street Residential (HSR), and Georgia Advanced Technology Ventures (GATV), a cooperative organization of the Georgia Institute of Technology, announces that they have closed on ground leases and are ready […]
News Release: CBRE Arranges Sale of Fully Leased Medical Office & Life Sciences Campus in Webster, TX
Press Release FOR IMMEDIATE RELEASE The campus is home to 11 tenants and is anchored by Catalent Houston – March 29, 2022 – CBRE has announced the sale of the Webster Medical Office & Life Science Campus, a two-building, fully leased, medical office complex in Webster, TX. The property was sold by a joint venture […]