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Takeda Pharmaceutical Co. has extended its lease for 222,925 square feet at 75-125 Binney St. in Cambridge, Mass., for another 10 years. The renewal takes Takeda's term through March 2040. Its existing lease wasn't set to roll for another six ...
Commercial Property Executive CARGO Therapeutics has agreed to lease 99,557 square feet at The Alexandria Center for Life Science, a 276,945-sf office and laboratory property in San Carlos, Calif. The biotech company is taking the space from Alexandria Real Estate ...
Commercial Real Estate Direct Staff Report Graphite Bio has agreed to pay $36.7 million to terminate its lease for 85,165 square feet of office space at the 141,000-sf Nexus on Grand office and lab property in San Francisco. The gene ...
Investor David Werner has paid $171.3 million, or $92.44/sf, for a 1.85 million-square-foot laboratory and research and development complex occupied by Pfizer Inc. and Dow Chemical in the Philadelphia suburb of Collegeville, Pa. Werner purchased the property, at 400-500 Arcola ...
Dallas Morning News InterBank has provided $61.3 million of financing for the construction of a 135,000-square-foot laboratory building in Dallas. JLL Capital Markets arranged the five-year loan on behalf of the borrower, Bridge Labs. Nuveen Green Capital also provided financing. ...
Commercial Real Estate Direct Staff Report Investor David Werner has paid $171.3 million, or $92.44/sf, for a 1.85 million-square-foot laboratory and research and development complex occupied by Pfizer Inc. and Dow Chemical in the Philadelphia suburb of Collegeville, Pa. Werner ...
Commercial Real Estate Direct Staff Report NexPoint Real Estate Advisors has paid $190 million, or $422.22/sf, for the 450,000-square-foot industrial and laboratory property at 41915 Business Park Drive in Temecula, Calif. The Dallas investment manager purchased the property from CMP ...
Diversified Healthcare Trust has paid $82 million, or $921.35/sf, for the Bayside Technology Park, an 89,000-square-foot office and laboratory property in Fremont, Calif. The seller of the property could not be learned immediately. Diversified Healthcare is a Newton, Mass., REIT ...
Rentv.com DivcoWest has paid $164.5 million, or about $1,147/sf, for 5000 Shoreline, a 143,400-square-foot office property in San Francisco. The local investment firm purchased the property from Johnson & Johnson. CBRE arranged a $124 million loan to fund the acquisition ...
Commercial Property Executive Bristol Myers Squibb, a pharmaceutical company, has agreed to pre-lease 427,000 square feet at the Alexandria Point office and research and development property that's under development in San Diego. Alexandria Real Estate Equities Inc., a Pasadena, Calif., ...
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