property type: Life Sciences

London investment manager Legal & General Capital has committed an initial $500 million of capital to a venture it has formed with Ancora Partners LLC, a Durham, N.C., developer, that will pursue life-sciences, research and development and technology properties throughout ...

REBusiness Online A venture of Tishman Speyer and Bellco Capital is planning to develop a 200,000-square-foot life-sciences property in Philadelphia's downtown, or Center City, section. The property is being planned for a development site along the 2300 block of Market ...

Breakthrough Properties has breached the $3 billion capital-raising mark for a commingled fund, as well as co-investment vehicles, that pursue life-sciences properties. The Los Angeles investment manager is a venture of Tishman Speyer Properties and Bellco Capital and was formed ...

Square Mile Capital Management has provided $118 million of financing for the development of 777 Industrial Road, a proposed 150,000-square-foot life-sciences/laboratory building in San Carlos, Calif. The loan was arranged by Gantry of San Francisco. The 777 Industrial project is ...

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 ...

PGIM Real Estate and Wheelock Street Capital have made a $160 million equity investment in the proposed 10 World Trade life-sciences/office building that a development team led by Boston Global Investors is building in Boston's Seaport area. The 555,250-square-foot building ...

Philadelphia Inquirer Gattuso Development Partners plans to build a 500,000-square-foot life-sciences property on the campus of Drexel University in Philadelphia. Construction of the 11-story building, on the 3200 block of Cuthbert Street, is scheduled to begin later this year and ...

GI Partners has paid $58.13 million, $354/sf, for the 164,000-square-foot life-sciences building at 3 Burlington Woods in the Boston suburb of Burlington, Mass. The San Francisco investment manager bought the four-story building from a venture of Griffith Properties and Artemis ...

St. Louis Business Journal Harrison Street Real Estate has paid $92 million, or $605.94/sf, for EDGE@BRDG, a 151,829-square-foot life-science property in St. Louis. The Chicago investment and management firm purchased the property from its developer, Larson Capital Management, which had ...