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property type: Research & Development
Newark, Del., R&D Property Sells for $114Mln in Sale-Leaseback Deal
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., ...
Werner Refinances Life-Science Property Within Phila.-Area Office/Lab Complex
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 ...
PacTrust Business Center South
The seven-building property, at 780 Montague Expressway, was built in 1980 and is 91% occupied. It has maintained an occupancy of 90% or higher for the past 10 years.
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 53 South building has 280,560 sf of office space, while the 63 South building has 150,673 sf of R&D and manufacturing space. Both are fully occupied by Keurig Dr. Pepper Inc. To fund its purchase, Montana Avenue turned to ...
Boston-Area Office/R&D Property Sells for $84.5Mln; Rialto Lends $73Mln
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 ...
109 and 1151 McKay Drive
FH One Investments has paid $29.5 million, or $265.09/unit, for the 111,281-square-foot office and research and development property at 109 and 1151 McKay Drive in San Jose, Calif. The Sausalito, Calif., company purchased the property in a deal arranged by ...
Office, R&D Property in San Jose, Calif., Sells for $29.5Mln, Gets $21Mln Mortgage
FH One Investments has paid $29.5 million, or $265.09/unit, for the 111,281-square-foot office and research and development property at 109 and 1151 McKay Drive in San Jose, Calif. The Sausalito, Calif., company purchased the property in a deal arranged by ...
Landesbank, Tishman Lend $119.2Mln Against Boston-Area Health Sciences Building
Landesbank Baden-Wurttemberg and Tishman Speyer have provided a total of $119.2 million of mortgage financing against the 500 Forge St. building within the Arsenal Yards complex in the Boston suburb of Watertown, Mass. Landesbank provided $94 million of senior financing, ...
Gem Realty Pays $79Mln for Stake in Mass. Industrial/R&D Property
Gem Realty Capital has paid $79 million for an equity stake in the 450,000-square-foot Axis Park North research and development property in the Boston suburb of Billerica, Mass. The Chicago investment manager bought its stake from a venture of Camber ...
BH Properties Buys 374,085-SF Biz Park in Plano, Texas
REBusiness Online BH Properties has bought the 374,085-square-foot R&D Legacy business park in Plano, Texas, for an undisclosed price. Eastdil Secured brokered the deal for the Los Angeles company and the seller, which was not identified. R&D Legacy sits on ...
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