property type: Life Sciences

Dallas Business Journal Fortress Investment Group has paid $226.5 million, or $151/sf, for the 1.5 million-square-foot Sparks LS complex that's currently being built in Morrisville, N.C. The Dallas company purchased the life-sciences campus from a venture of Trinity Capital Advisors of ...

North River Co. has paid $34.5 million, or $192.54/sf, for the 179,188-square-foot Alexandria Center for Life Science property in the Long Island City section of Queens, N.Y., according to a report in Commercial Observer. The New York investment manager, formerly ...

Commercial Real Estate Direct Staff Report Wells Fargo Bank and JPMorgan Chase Bank have provided $475 million of mortgage financing against a pair of office/lab buildings in Philadelphia and Pittsburgh owned by a Ventas Inc. venture. The five-year loan is ...

Triangle Business Journal EastGroup Properties has bought the 250,541-square-foot life-sciences building at 2360 Ferrell Road in Durham, N.C., for $47 million, or $187.59/sf. The Ridgeland, Miss., REIT purchased the property from a venture of Scannell Properties and Manulife Investment Management, ...

Triangle Business Journal Liquidia Corp. has signed a 10-year lease for about 70,000 square feet at the Pathway Triangle life-sciences property in Morrisville, N.C. The biopharmaceutical company will pay $260,069 in rent for the first year, with a 3% increase ...

Boston Business Journal Northeastern University has paid $33 million, or $302.51/sf, for the 109,085-square-foot Burlington BioCenter life-sciences property in the Boston suburb of Burlington, Mass. The school bought the property from an affiliate of MetLife Investment Management in a deal ...

Thor Equities, which five years ago had paid $27.1 million for the life-sciences building at 7 Powder Horn Drive in the northern New Jersey township of Warren, has put the 181,210-square-foot property up for sale.