News Release: JLL Property Management launches national life sciences group
Due to the increase in demand within the sector, the firm has promoted Timothy Martin to lead the newly established service line February 01, 2022 CHICAGO, Feb. 1, 2022 – JLL Property Management announced today that it has promoted Timothy Martin to Managing Director to lead the new U.S. life sciences property management business. In […]
News Release: Alexandria Real Estate Equities, Inc., at the Vanguard of the Life Science Industry, Providing High-Quality Office/Laboratory Space to Meet Historic-High Demand, Reports: 4Q21 and 2021 Net Income per Share – Diluted of $0.47 and $3.82, respectively; 4Q21 and 2021 FFO per Share – Diluted, As Adjusted, of $1.97 and $7.76, respectively
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Jan 31, 2022, 16:10 ET For the presentation, please click here. PASADENA, Calif., Jan. 31, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2021. Key highlights Operating results 4Q21 4Q20 2021 2020 Total revenues: In millions $ […]
News Release: Gene Editing Firm, Graphite Bio, Takes +85,000 SQFT Lease at Nexus on Grand in South San Francisco
Next-generation gene editing company to occupy three full floors of ground-up, Class A life sciences development in one of the top biotech markets in the U.S. SAN FRANCISCO – (January 26, 2022) – Savills announced that it completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. (NASDAQ: GRPH) at 233 East […]
News Release: BXP Sees Strong Leasing Momentum in the 4th Quarter 2021
Executes 1.8 Million Square Feet of Leases with a Weighted-Average Lease Term of 8.6 Years January 25, 2022 05:52 PM Eastern Standard Time BOSTON–(BUSINESS WIRE)–Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced that it executed approximately 1.8 million square feet […]
News Release: BioMed Realty Strengthens Leadership Team With Key Officer Promotions
The promotions support BioMed’s rapidly expanding world class real estate platform January 25, 2022 09:00 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions for the life science and technology industries, announced today the promotion of ten officers across the Company’s fully integrated platform in support of its continued […]
News Release: Newmark Completes $341 Million Sale of Eight Assets within Minuteman Park in Andover, Massachusetts
Atlantic Management and Spear Street Capital sell respective assets to campus assemblage buyer in separate transactions NEWS PROVIDED BY Newmark Group, Inc. Jan 19, 2022, 10:00 ET BOSTON, Jan. 19, 2022 /PRNewswire/ — Newmark announces the $341 million sale of eight assets within Minuteman Park, a premier corporate campus located 25 miles north of Boston in […]
News Release: Newmark Completes $815 Million Sale of Charles Park in Cambridge, Massachusetts
The Davis Companies and Principal Real Estate Investors sell two-building, 408,259-square-foot office complex and associated parking garage with plans for a life science facility NEWS PROVIDED BY Newmark Group, Inc. Jan 11, 2022, 15:55 ET BOSTON, Jan. 11, 2022 /PRNewswire/ — Newmark announces the $815 million sale of Charles Park, a two-building office complex and associated […]
News Release: CIM Group Provides $147.65 Million Loan for 319,000-Square-Foot Office Building in Medford, Massachusetts
CIM Group Provides $147.65 Million Loan for 319,000-Square-Foot Office Building in Medford, Massachusetts January 12, 2022 09:30 AM Eastern Standard Time MEDFORD, Mass.–(BUSINESS WIRE)–CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $147.65 million loan to The Davis Companies (Davis) and Partners […]
News Release: East Bay Flex/R&D building purchased in $36M sale for life sciences conversion
JLL Capital Markets led sales efforts for 6601-6603 Shellmound, a single-story property in Emeryville, California SAN FRANCISCO, Jan. 10, 2021 – JLL Capital Markets announced today that it has closed the $36 million sale of 6601 – 6603 Shellmound, a single-story flex/R&D building totaling 62,898 square feet in Emeryville, California. JLL represented the seller, Griffin […]
News Release: Booming life sciences demand supports $246M construction loan for Somerville project
JLL Capital Markets led financing efforts for 808 Windsor, a 353,000-square-foot lab development located in the Boynton Yards neighborhood of Somerville BOSTON, Dec. 22, 2021 – JLL Capital Markets announced today that it has arranged $246 million in construction financing for 808 Windsor, a to-be-built, state-of-the-art life sciences development totaling 353,000 square feet in Somerville, […]
News Release: Life sciences demand propels another Durham, NC, property sale and financing
JLL Capital Markets led sales and financing efforts for the 5-building Research Commons, which attracted significant investor interest from domestic and foreign investors Raleigh, Dec. 16, 2021 – JLL Capital Markets announced today that it has closed the $138 million sale and arranged $127.55 million in financing for Research Commons, a five-property office portfolio totaling […]
News Release: Transwestern arranges 200,000 sf lease in Atlanta for first Global Health Innovation District
The Center for Global Health Innovation Signs 17-Year Lease at Iconic Tower Square (DEC. 15, 2021 – ATLANTA) – Transwestern Real Estate Services (TRS) announces its Atlanta Transaction Sciences team led by Executive Managing Director Clark Dean has arranged a 17-year, 200,000-square-foot lease on behalf of The Center for Global Health Innovation (the Center) at […]
News Release: Launch of Helix Construction to Boost Life Sciences Industry in Chicago Region
NEWS PROVIDED BY Helix Construction Dec 13, 2021, 14:15 ET CHICAGO, Dec. 13, 2021 /PRNewswire/ — Seizing on Chicago’s rapidly expanding biotech industry, two prominent construction companies, San Francisco-based GCI General Contractors and Chicago-based BIG Construction, announced the launch of a new joint venture, Helix Construction. The arrival of Helix comes at a prime time as […]
News Release: Blueprint Closes 81,000 square foot Life Science Flex Space in Plymouth, MN
DONE DEAL: LET’S GO CRAZY Blueprint MOB team leverages local network and institutional expertise to successfully execute both a new lease and sale of this Life Science Flex facility Blueprint was hired by a public REIT to market this asset in Minneapolis’ affluent suburb of Plymouth. This 81,000 square foot Life Science Flex space had […]
News Releases: HATCHspaces® and NexCore Group JV Expand Their Partnership With a New 100,000 SF Lab-Enabled Office Project Along the Expo Light Rail Line in West Los Angeles
November 03, 2021 01:00 PM Eastern Daylight Time LOS ANGELES & DENVER–(BUSINESS WIRE)–A joint venture between Los Angeles-based HATCHspaces® and Denver-based health care developer NexCore Group has acquired their second development project together in the Los Angeles region. The 100,000 square foot building will be the first life science-focused new construction project of scale in […]