property type: Research & Development

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 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 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 ...

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 ...

Rentv.com An investment group comprised of Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management has paid $21.4 million, or $257.83/sf, for the 83,000-square-foot industrial and research and development property at 3401 Del Amo Blvd. in ...

REBusiness Online United Therapeutics Corp. has bought 78 TW Alexander Drive, a 95,500-square-foot biomanufacturing facility in Durham, N.C., for $33 million, or $345.55/sf. The Silver Spring, Md., company purchased the building from Oxford Properties, which had acquired it in early 2023 ...

The life-sciences property sector, which faced extremely strong demand from tenants in the bio-tech and pharmaceutical industries after 2020, when they were flush with cash and interest rates were at extremely low levels, has cooled substantially.