property type: Life Sciences

Northwestern Mutual has provided $150 million of mortgage financing against 100 Forge St., a 165,600-square-foot life-science building in the Boston suburb of Watertown, Mass. The loan, arranged by JLL Capital Markets, allowed the property's owner, a venture Boylston Properties of ...

Moderna Inc. has paid $91 million, or $650/sf, for the 140,000-square-foot life-sciences building at 149 Hayes Memorial Drive in Marlborough, Mass., about 37 miles west of Boston. The pharmaceutical and biotechnology company, which is based in Cambridge, Mass., bought the ...

DivcoWest has paid $86 million, or $1,186/sf, for the 72,506-square-foot life-sciences building at 11119 North Torrey Pines Road in San Diego. The sales price results in a 4.6 percent capitalization rate. The San Francisco investment firm purchased the property from ...

Dallas Business Journal NexPoint is building a multi-phase life-sciences project on the site of the former Electronic Data Systems campus in the Dallas suburb of Plano, Texas. The Dallas developer bought the 91-acre site in 2018 and will incorporate 109 ...

ReBusiness Online Real estate developer RISE and the Matarazzo Family is planning a 311,535-square-foot life-sciences property at 4054 Mystic Valley Parkway in the Boston suburb of Medford, Mass. The eight-story building, which will include office and ground-floor retail space, will cost ...

Corebridge Financial has provided $130 million of financing to fund the construction of a 223,000-square-foot life-sciences property at 2300 Market St. in downtown, or Center City, Philadelphia. Corebridge is the former AIG Life & Retirement. Its loan was arranged by ...

Commercial Real Estate Direct Staff Report Barings has closed capital-raising for its Barings Innovation and Growth Real Estate Fund, with $680 million of investor commitments. The Charlotte, N.C., investment manager had targeted raising $500 million for the investment vehicle when ...

Mori America LLC, a subsidiary of Japanese developer Mori Trust Co., has acquired a stake in the 345,995-square-foot life-sciences building at 15 Necco St. in Boston's Seaport district that's nearing completion. The investment - the size of its stake and ...