property type: Life Sciences

Blackstone has refinanced $1.1 billion of mortgage financing against a portfolio of eight life-sciences properties with 1.28 million square feet in the Cambridge, Mass., San Diego, Seattle, and San Francisco areas. It's lined up a total of $765 million of ...

Washington Business Journal GSK PLC will vacate the 635,058-square-foot life-sciences building at 14200 Shady Grove Road in Rockville, Md., when its lease matures next year. The drug giant assumed the lease in 2012 through its acquisition of Human Genome Sciences. ...

BisNow Shorenstein Properties has paid $96 million, or $200.42/sf, for the 479,000-square-foot life-sciences campus at 4-18 Crosby Drive in the Boston suburb of Bedford, Mass. The San Francisco investment manager bought the eight-building property from a venture of Jumbo Capital ...

Commercial Real Estate Direct Staff Report Breakthrough Properties has paid $159 million, or $854.84/sf, for the 186,000-square-foot MUSE life-sciences property in San Diego. Breakthrough, formed in 2019 by Tishman Speyer and Bellco Capital, bought the property from Diversified Healthcare Trust of ...

Commercial Property Executive King Street Properties has paid $120 million, or $495.94/sf, for the 241,963-square-foot Esplanade life-sciences property in San Diego. The Boston investment manager purchased the property from Alexandria Real Estate Equities Inc., which was represented by Newmark. Alexandria ...

ConnectCRE The BioMed Realty operation of Blackstone Group has paid $250 million, or $431.50/sf, for three life-sciences properties with 579,365 square feet in Cambridge, Mass. The properties were purchased from Alexandria Real Estate Equities Inc., a Pasadena, Calif., REIT, in ...