property type: Research & Development

Puget Sound Business Journal Breakthrough Properties has paid $78 million, or about $288.89/sf, for the 270,000-square-foot biomanufacturing property at 215 Shuksan Way in Everett, Wash., about 25 miles north of Seattle. The Los Angeles investor acquired the facility from Dermody ...

Procter & Gamble Co.'s Gillette operation has paid $99.29 million for the 2.4-acre development site at 232 A St. in South Boston. The local company, which Procter & Gamble bought in 2005, will develop its grooming business and technical innovation ...

Commercial Property Executive Four Corners Properties has received $67.4 million of financing for the redevelopment of Forge North First, a 205,800-square-foot industrial and research and development property in San Jose, Calif. The five-year loan was provided by an unnamed institutional ...

Fabrinet, which recently purchased the Stadium Place office and research and development property in Santa Clara, Calif., plans to occupy 57% of the 225,000-square-foot complex. The Bangkok company is a service provider for the manufacturing of optical components used in ...

Philadelphia Business Journal Broadstone Net Lease has agreed to pay $114 million, or $167.65/sf, for the Stine Research Center, a roughly 680,000-square-foot research and development campus in Newark, Del. The New York REIT is acquiring the property from FMC Corp., ...

Commercial Real Estate Direct Staff Report David Werner Real Estate Investments, which three years ago purchased the Arcola Corporate Campus, comprised of 14 laboratory and research and development buildings with 1.85 million square feet from Pfizer Inc. in the Philadelphia ...

Montana Avenue Capital Partners has paid $84.5 million, or $195.95/sf, for the 431,233-square-foot office and research and development property at 53 and 63 South Ave. in the Boston suburb of Burlington, Mass. The Los Angeles investment manager acquired the two-building ...