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 bought the property through its GI Real Estate Essential Tech + Science Fund, an investment vehicle it had launched last year to pursue data-center, life-sciences and research and development properties on the East Coast.
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 ...
Bank OZK has provided $246 million of financing for the construction of 808 Windsor St., a 353,000-square-foot life-sciences property in Somerville, Mass. JLL arranged the five-year loan on behalf of the property's developers, Leggat McCall Properties of Boston, DLJ Real ...
Square Mile Capital Management has provided $73.9 million of financing against the 186,000-square-foot Ardenwood Life Science Park in Fremont, Calif. The loan, arranged by Eastdil Secured, helped facilitate the property's $85 million, or $457/sf, purchase by a venture of Invesco ...
Bisnow Omega Therapeutics has leased 89,000 square feet at the 405,000-sf One Charles Park life-sciences and office complex in Cambridge, Mass. The biotechnology company is moving into its space in December 2022. It will pay an initial rent of $115/sf ...
Outshine Properties, which was formed earlier this year by two former Thor Equities' executives, with plans to invest in life-sciences properties, has completed its first deal. The company paid $93 million for a suburban Boston office and laboratory property. It ...
Commercial Observer Rock Creek Property Group has paid $22 million, or $181.82/sf, for three office buildings totaling 121,000 square feet in the Clover Leaf business park in Germantown, Md. The Washington, D.C., company plans on converting the buildings, at 20420, ...
The buildings, at 153 and 211 Second Ave., are fully leased to Sanofi Genzyme, a Cambridge, Mass., biotech company. They sit next to 200 West St., a 272,000-sf office and laboratory building that Boston Properties also owns. The 200 West ...
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