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Bisnow Alexandria Real Estate Equities is proposing a 530,000-square-foot life-sciences complex for Rockville, Md. The Pasadena, Calif., REIT had bought the project's 18-acre development stie on Darnestown Road in November 2019 for $25 million. The three-building project would include a ...
Boston Business Journal DivcoWest has broken ground on a 375,000-square-foot life-sciences building in Cambridge, Mass. The San Francisco investment manager expects to complete the project in early 2023. The 10-story property, at 441 Morgan Ave., will be part of the ...
Boston Business Journal A venture of Quaker Lane Capital and Turnbridge Equities is planning to develop a 160,000-square-foot office and life-sciences building in Malden, Mass., about seven miles north of Boston. The Malden City Council recently approved plans for the ...
Boston Properties Inc. has paid $100 million, or $653.59/sf, for two life-sciences buildings with a combined 153,000 square feet in the Boston suburb of Waltham, Mass. The Boston REIT bought the properties from Montana Avenue Capital Partners LLC of Los ...
Philadelphia Business Journal GI Partners has paid $79 million, or $556.68/sf, for the 141,913-square-foot life-sciences building at 3701 Market St. in Philadelphia. The San Francisco real estate investment company bought the eight-story property from the University City Science Center. CBRE ...
Boston Business Journal HYM Investment Group plans to develop a 500,000-square-foot life-sciences building in the Boston suburb of Revere, Mass. The Boston developer originally had planned on constructing a residential building on the site, but now will build laboratory space. ...
GI Partners has paid $155 million, or $418.94/sf, for the Mt. Eden Research Park, with 369,986 square feet of life-sciences space in Hayward, Calif., just south of Oakland, Calif. The San Francisco investment manager bought the six-building property from BentallGreenOak ...
Philadelphia Business Journal The University of Pennsylvania has signed a lease for 150,000 square feet of life-sciences space at the Discovery Labs complex in the Philadelphia suburb of King of Prussia, Pa. The space is in two buildings off Swedeland ...
Real Estate NJ Merck is offering for sale its 2 million-square-foot office and life-sciences headquarters at 2000 Galloping Road in Kenilworth, N.J. The pharmaceuticals company has hired JLL to market the five-building complex, which it plans to lease back through ...
Knighthead Funding LLC has provided $57.3 million of financing against the Stitch life-sciences project in the Raleigh, N.C., suburb of Morrisville, N.C. The loan modifies a $34 million mortgage that Knighthead had provided two years ago to a venture of ...
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