property type: Research & Development

London investment manager Legal & General Capital has committed an initial $500 million of capital to a venture it has formed with Ancora Partners LLC, a Durham, N.C., developer, that will pursue life-sciences, research and development and technology properties throughout ...

Dallas Morning News Dilweg Cos. has acquired the Royal Tech Business Park, with more than 620,000 square feet in the Dallas suburb of Irving, Texas. The Durham, N.C., investor bought the 11-building property, near Interstate 635 in Irving's Las Colinas ...

Silicon Valley Business Journal Duke Realty Corp. has paid $60.5 million, or $281.17/sf, for the Oak Creek Business Park, a three-building office and research and development property totaling 215,170 square feet in Milpitas, Calif. The Indianapolis investment firm purchased the ...

Alexandria Real Estate Equities Inc. has paid $129 million, or $293/sf, for 225 and 235 Presidential Way, a pair of office and research and development properties with 440,130 square feet in the Boston suburb of Woburn, Mass. The Pasadena, Calif., ...

Virtua Partners has sold Britannia Business Center, a four-building office and research and development property totaling 292,000 square feet in Pleasanton, Calif., for $78 million, or $267.12/sf. The Scottsdale, Ariz., private equity firm sold the property to an undisclosed buyer ...

San Francisco Business Times A venture of City Center Realty Partners and Contrarian Capital Management has paid $22 million, or $542.14/sf, for Parker Innovation Hub, a 40,580-square-foot office and research and development property in Berkeley, Calif. City Center, of San ...

Machine Investment Group has partnered with Baudpont Capital to pay $32.6 million, or $358.75/sf, for 1010 Rincon Circle, a 90,871-square-foot office/research and development building in San Jose, Calif. The venture, which was advised on the purchase by Terrydale Capital of ...