The property was built in 2022 at 4600 Norris Canyon Road, about 34 miles east of San Francisco. It is fully leased by Valent USA, a subsidiary of Sumitomo Chemical, under a 15-year agreement. In 2021, Orion Office REIT was ...
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.
Klein Investments Family has paid $63.6 million, or $447.26/sf, for the 142,200-square-foot research and development property at 3011 North First St. in San Jose, Calif. The Newport Beach, Calif., company purchased the building from Cannae Partners and Blue Vista Capital ...
The Real Deal Klein Investments Family has paid $63.6 million, or $447.26/sf, for the 142,200-square-foot research and development property at 3011 North First St. in San Jose, Calif. The Newport Beach, Calif., company purchased the building from Cannae Partners and ...
Commercial Real Estate Direct Staff Report The $120 million CMBS loan against a portfolio of 10 office and research and development buildings with 251,575 square feet in Mountain View, Calif., defaulted at its maturity last month. The loan is split ...
A fund managed by Blue Owl Capital has paid $35.5 million, or $390.66/sf, for the 90,871-square-foot research and development property at 1010 Rincon Circle in San Jose, Calif. The New York investment manager purchased the property from Machine Investment Group, ...
Commercial Observer Work is currently underway on a 1.4 million-square-foot production and manufacturing facility in Clayton, N.C. Novo Nordisk is developing the $4.1 billion project as part of an expansion of its operations in North Carolina. The Denmark-based drug manufacturer ...
Commercial Real Estate Direct Staff Report A fund managed by Blue Owl Capital has paid $35.5 million, or $390.66/sf, for the 90,871-square-foot research and development property at 1010 Rincon Circle in San Jose, Calif. The price was first reported by ...
The Real Deal Nvidia has paid $374 million, or $680/sf, for its 550,000-square-foot headquarters in Santa Clara, Calif. The tech company purchased the property from Preylock Holdings, which had acquired it in 2017 for $240 million. Newmark brokered the latest ...
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