News Release: Alexandria Real Estate Equities, Inc. Announces Long-Term Lease With Bristol Myers Squibb for a New 427,000 RSF Innovative Research Hub at the Alexandria Point Mega Campus in the San Diego Cluster Market
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Mar 02, 2022, 08:30 ET PASADENA, Calif., March 2, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster […]
News Release: BioMed Realty Leases 96,000 Square Feet at the Company’s Flagship Granta Park Campus in Cambridge (England)
Grade A lab and office space has been leased to two life science companies at the recently renovated Portway building presenting 100% of the available space Pioneering cancer medicine firm Bicycle Therapeutics has signed for 45,000 sq. ft. while biotechnology company Altos Labs has signed for 51,000 sq. ft. – both on 10-year leases Leasing […]
News Release: Governor Hochul Cuts Ribbon on $700 Million State-of-the-Art Taystee Lab Building in West Harlem’s Manhattanville Factory District
MARCH 1, 2022 Albany, NY New Building Equipped for Life Sciences, Arts, Commercial, Retail and Academic Tenants Features 350,000 Square Feet of Commercial Space and 20,000 Square Feet of Outdoor Space $10 Million State Investment Supports Growing Life Sciences Industry in New York City Governor Kathy Hochul today announced the completion of the $700 million […]
News Release: GI Partners Announces New East Coast Life Science Acquisitions
Feb 28, 2022 Real Estate The GI Real Estate Essential Tech + Science Fund is focused on Data Center Properties, Life Sciences Labs, and “Always On” Research & Development Facilities SAN FRANCISCO, February 28, 2022 – GI Partners, a leading private alternatives investment firm, has announced the acquisition of three new East Coast life science […]
Thought Leaders: 2021 ends with the strongest U.S. Life Sciences market in history as market fundamentals strengthen in Q4
Figures | U.S. Life Sciences | Q4 2021 CBRE RESEARCH | FEBRUARY 2022 ⇑ 172.5 MSF Inventory ⇓ 4.8% Vacancy ⇑ $67.05 Avg. Asking Rent (NNN) ⇑ 31.6 MSF Under Construction Note: Arrows indicate change from previous quarter. • U.S. life sciences employment climbed in Q4 2021, with biotech R&D increasing 2.0% quarter over quarter. Year-over-year growth in biotech […]
Thought Leaders: 2021 Year End Healthcare and Life Sciences Real Estate Report
THE AGE OF LIFE SCIENCE Driven in part by the COVID-19 pandemic, demand continues to outpace supply. In the third quarter of 2021 alone, US life science companies were looking for 24 million square feet of new real estate according to research by CBRE. Furthermore, the same research states that only 21 million square feet of spec lab space is […]
News Release: MidCap Financial Closes First Mortgage on a 141,442 Square Foot Building in Hopkinton, MA to be Repurposed for Life Sciences Use
PRESS RELEASE BETHESDA, MD, February 23, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $40,725,000 transaction with a joint venture between Griffith Properties, LLC and a fund managed by DRA Advisors. The floating rate first mortgage loan facilitated the acquisition and repositioning of […]
News Release: Ivanhoé Cambridge Partners with Lendlease to Invest in Life Science Developments
February 22, 2022 Partnership will source new development and redevelopment opportunities in established and emerging life science clusters across the U.S. Montréal and New York, February 22, 2022 – Ivanhoé Cambridge, a global real estate investor, and Lendlease (ASX: LLC), a leading global real estate and investment group, announced today they joined forces to launch […]
News Release: Alexandria Real Estate Equities, Inc. Announces Long-Term 334,000 RSF, Full-Building Lease for the New Lilly Institute for Genetic Medicine at 15 Necco Street in the Seaport Innovation District in Greater Boston
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Feb 22, 2022, 08:30 ET PASADENA, Calif., Feb. 22, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster […]
Thought Leaders: Red-Hot U.S. Life Sciences Real Estate Investment Market Poised for Further Growth in 2022
16 FEB 2022 U.S. Life Sciences Real Estate Investment Market Poised for Further Growth in 2022 Investment in U.S. life sciences real estate increased by 62 percent last year, with further growth of at least 10 percent expected in 2022, according to a CBRE research report. Investment in life sciences real estate, comprised of lab […]
News Release: Cushman & Wakefield Selected to Lease Life Science Facility in Phoenix
February 14, 2022 12:33 PM Eastern Standard Time PHOENIX–(BUSINESS WIRE)–Cushman & Wakefield (NYSE: CWK) has been engaged by Wexford Science & Technology, LLC to provide leasing services for its recently constructed life science and biolab facility, 850 Phoenix Biomedical Campus (PBC), in downtown Phoenix, Arizona. The LEED Gold-certified 850 PBC is a 227,113-square-foot (SF), seven-story […]
News Release: The Roxboro completes construction in downtown Durham
FEBRUARY 3, 2022 Trinity Capital Advisors in partnership with SLI Capital completed the Roxboro at Venable Center, an eight-story building comprised of 202,000 square feet of new life science and office space in Durham, NC. The Roxboro is the feature building at the mixed-use development which will also include 221 luxury apartments and ground level […]
News Release: Capital One Medical Properties Team Sees Positive Business Momentum Through 2021
Media Release New York, NY (February 9, 2022) – Capital One announced its Medical Properties team, part of the Capital One Healthcare Real Estate business, closed more than 90 loan transactions throughout 2021. The transactions totaled approximately $4.2 billion with additional opportunities pushing to 2022. Since 2010, this team – which was acquired in 2015 […]
News Release: Healthpeak Properties Announces Full Lease-up of Nexus on Grand Project in South San Francisco
NEWS PROVIDED BY Healthpeak Properties, Inc. Feb 08, 2022, 16:16 ET DENVER, Feb. 8, 2022 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today the execution of long-term leases with Graphite Bio, Inc. and another leading biotech company at its life science development, Nexus on Grand, bringing the project to 100% pre-leased. Prominently located on East […]
News Release: Healthpeak Reports Fourth Quarter and Year Ended 2021 Results
NEWS PROVIDED BY Healthpeak Properties, Inc. Feb 08, 2022, 16:15 ET DENVER, Feb. 8, 2022 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2021. FOURTH QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.05 per share, Nareit FFO of $0.41 per share, FFO as Adjusted of $0.41 per share, and blended Total […]