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property type: Laboratory
Press building
Vigilant Holdings Real Estate has bought the 262,400-square-foot Press building in Cary, N.C., for $58.3 million, or $222.18/sf. The New York company purchased the two-story flex lab and office property from Alloy Properties, a Dallas-based subsidiary of TPG that purchased ...
Brandywine Turns to C-PACE Market for $87.32Mln Loan for Phila. Life-Sciences Building
Commercial Real Estate Direct Staff Report A Brandywine Realty Trust venture has lined up an $87.32 million commercial property assessed clean energy, or C-PACE, loan against the 489,548-square-foot life-sciences building at 3151 Market St. in Philadelphia's Schuylkill Yards area. Nuveen ...
Novartis Buys Durham, N.C., Property with Office and Lab Space for $155Mln
Triangle Business Journal Novartis has bought the 45-acre site at 14 T.W. Alexander Drive in Durham, N.C., for $155 million as part of its plan to open a regional flagship manufacturing hub. The drugmaker purchased the property Alexandria Real Estate Equities ...
Wells Fargo, JPMorgan Lend $475Mln for 2 Life-Science Properties in Pennsylvania
Commercial Real Estate Direct Staff Report Wells Fargo Bank and JPMorgan Chase Bank have provided $475 million of mortgage financing against a pair of office/lab buildings in Philadelphia and Pittsburgh owned by a Ventas Inc. venture. The five-year loan is ...
United Technologies Buys 5-Building Office, Lab Complex in Durham, N.C., for $107Mln
Triangle Business Journal United Therapeutics has paid $107 million, or $253.27/sf, for Research Commons RTP, a five-building office and laboratory complex in Durham, N.C. The Silver Springs, Md., pharmaceutical manufacturer purchased the 422,478-square-foot complex from Oxford Properties Group of New York, ...
Landesbank, Tishman Lend $119.2Mln Against Boston-Area Health Sciences Building
Landesbank Baden-Wurttemberg and Tishman Speyer have provided a total of $119.2 million of mortgage financing against the 500 Forge St. building within the Arsenal Yards complex in the Boston suburb of Watertown, Mass. Landesbank provided $94 million of senior financing, ...
248,186-square-foot lab property at 14225 Newbrook Drive
New Mountain Capital has paid $80.5 million, or $324.35/sf, for the 248,186-square-foot lab property at 14225 Newbrook Drive in the Washington, D.C., suburb of, Va. The New York investment manager, which last year had raised $825 million of commitments for ...
Moderna to Pay $400Mln for Office/Lab Campus in Norwood, Mass.
Boston Business Journal Moderna Inc. has agreed to pay $400 million, or $583.09/sf, for the 686,000-square-foot Moderna Technology Center office/laboratory property in the Boston suburb of Norwood, Mass. It is buying the three-building property, which it has occupied since 2018, ...
New Mountain Pays $80.5Mln for Lab Property in Northern Va.
Commercial Observer New Mountain Capital has paid $80.5 million, or $324.35/sf, for the 248,186-square-foot lab property at 14225 Newbrook Drive in the Washington, D.C., suburb of Chantilly, Va. The New York investment manager, which last year had raised $825 million of ...
2 Biotech Companies Lease 117,645 SF in Watertown, Mass.
ConnectCRE A pair of biotech companies have signed leases for 117,645 square feet at 66 Galen St., a 224,106-square-foot laboratory building that's being developed in the Boston suburb of Watertown, Mass. LifeMine will occupy 56,456 sf on the building's fourth ...
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