property type: Life Sciences

Commercial Real Estate Direct Staff Report Peregren Capital Group has provided $290 million of financing against the 525,000-square-foot Pacific Center life-sciences property in San Diego. The loan was arranged by Newmark on behalf of the property's developer and owner, a ...

Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc.'s portfolio to 87.7% in the first quarter from 91.7% a year ago. ...

Commercial Real Estate Direct Staff Report GSK PLC's pending departure from the 635,058-square-foot life-sciences property at 14200 Shady Grove Road in Rockville, Md., has resulted in the $138 million CMBS loan against the property being transferred to special servicer Rialto ...

Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price. The Redwood City, Calif., company purchased the property from Karlin Real Estate of Los Angeles, which recently completed ...

Triangle Business Journal 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 ...

Bisnow Stoke Therapeutics has leased 98,500 square feet at 245 Fifth Ave., a 262,000-sf life-sciences property in the Boston suburb of Waltham, Mass., that's owned by a venture of Anchor Line Partners and Northwood Investors. Cushman & Wakefield arranged the ...

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 ...

Commercial Real Estate Direct Staff Report Breakthrough Properties has turned to the CMBS market for a $465 million loan against its 520,000-square-foot Torrey Heights life-science property in San Diego. Breakthrough, a venture formed in 2019 by Tishman Speyer and Bellco ...

TransMedics Group Inc. has fully leased the 498,000-square-foot life-sciences property at 188 Assembly Park Drive in Somerville, Mass., about four miles north of Boston. The property is part of BioMed Realty's Assembly Innovation Park, which will consist of 1.5 million ...