Healthcare

Moderna Breaks Ground on 462,000 SF Research and Development Facility Outside Boston

by Katie Sloan September 30, 2021

CAMBRIDGE, MASS. — Moderna (NASDAQ: MRNA) has broken ground on the Moderna Science Center, a 462,000-square-foot research and development facility located at 325 Binney St., less than one mile from the company’s global headquarters in the Boston-area community of Cambridge. The biotechnology company is a pioneer in the usage of messenger RNA (mRNA) for therapeutics and vaccines, including one of the earliest and most effective vaccinations against the COVID-19 virus. Moderna plans to use this site to advance its pipeline of mRNA research, which includes 37 programs currently in development and 22 ongoing clinical studies. Alexandria Real Estate Equities Inc. is developing the property, which will include custom scientific spaces for research and development, as well as collaborative office space. JLL represented Moderna in the acquisition of the development site. The project is targeting LEED Platinum certification and is scheduled for completion in 2023. “We have been located in Massachusetts since our founding more than 10 years ago and are proud to be based here,” says Stéphane Bancel, CEO of Moderna. “As we advance our mRNA platform and science, our new science center will integrate digital-first scientific research and development labs along with space for innovation and co-creation with our …

September 30, 2021

Development Healthcare Iowa Midwest

Ryan Cos. Breaks Ground on 72,000 SF Cardiovascular Center in Cedar Rapids, Iowa

by Kristin Harlow September 27, 2021

CEDAR RAPIDS, IOWA — Ryan Cos. US Inc. and Mercy Cedar Rapids have broken ground on The Heart Center at Mercy, a 72,000-square-foot cardiovascular center in Cedar Rapids. A skybridge will connect the center to the main Mercy hospital. Plans call for space for screenings and detection services as well as community education spaces for CPR and defibrillator training. Construction is scheduled to begin this fall and completion is slated for mid-2023. Ryan is serving as both designer and builder for the project.

September 27, 2021

Development Healthcare Illinois Midwest

Loyola Medicine Opens 30,000 SF Laboratory Facility in Maywood, Illinois

by Kristin Harlow September 27, 2021

MAYWOOD, ILL. — Loyola Medicine has opened a 30,000-square-foot clinical laboratory facility to serve Loyola University Medical Center, its academic medical center, as well as two community hospitals, Gottlieb Memorial Hospital and MacNeal Hospital. The new laboratory is housed on the fourth and fifth floors of the existing emergency medical services building, which is located at the Maywood campus of Loyola University Medical Center. HED designed the space and Leopardo Construction served as the general contractor.

September 27, 2021

Development Healthcare Midwest Nebraska

R&R Realty, MD West One to Build 38,000 SF Medical Facility in Omaha

by Kristin Harlow September 21, 2021

OMAHA, NEB. — R&R Realty Group and MD West One are partnering to build a 38,000-square-foot medical facility on the east side of 192nd Street in Omaha. MD West One provides orthopedic, neurosurgery and spine care services. The project will be part of Fountain Ridge West, R&R Realty’s business park. Site work, including grading and the installation of utilities, is scheduled to begin in the next few weeks. Construction of the building will kick off this fall, and the facility is expected to be completed over a period of about 16 months.

September 21, 2021

Acquisitions Healthcare Indiana Midwest Office

Next Realty Acquires 39,000 SF Westridge Office Park in Suburban Indianapolis

by Kristin Harlow September 20, 2021

AVON, IND. — An affiliate of Next Realty LLC has acquired Westridge Office Park in Avon, a western suburb of Indianapolis. The purchase price was undisclosed. The office and medical complex consists of two single-story buildings. Tenants include Indiana University Health Care Associates Inc., Indiana Department of Child Services, Kindred Hospice, Midwest Behavioral Health LLC, Allergy Partners and St. Vincent Medical Group. The acquisition marks the 12th and final acquisition made on behalf of Next Realty Fund IX LP. Kevin Dick, Paul Dick and Nicholas Miller of Bradley Co. represented the seller, Westridge Investments LLC.

September 20, 2021

Development Healthcare Midwest Minnesota

Davis Breaks Ground on 16,147 SF Medical Office Building in Wayzata, Minnesota

by Kristin Harlow September 17, 2021

WAYZATA, MINN. — Healthcare real estate firm Davis has broken ground on a 16,147-square-foot medical office building in Wayzata, a western suburb of Minneapolis. To date, Tailwind Pediatric Dentistry and Lorenz Clinic have signed leases, filling the entire second floor of the two-story building, which will be situated at 1120 E. Wayzata Blvd. Completion is slated for August 2022. Davis will provide property management and leasing services. Minneapolis-based Synergy Architecture Studio is the project architect and Plymouth, Minn.-based Timco Construction is the general contractor.

September 17, 2021

Acquisitions Healthcare Midwest Wisconsin

HSA PrimeCare Acquires 16,513 SF Medical Office Building in Wauwatosa, Wisconsin

by Kristin Harlow September 15, 2021

WAUWATOSA, WIS. — HSA PrimeCare, the healthcare real estate division of Chicago-based HSA Commercial Real Estate, has acquired a 16,513-square-foot medical office building in Wauwatosa near Milwaukee. Located at 3040 N. 117th St., the property is 95 percent occupied with approximately 825 square feet of leasable space. Tenants include Ascension Medical Group, which uses the location to provide a range of women’s health services, and Children’s Medical Group, which is owned by Children’s Wisconsin. Both tenants have operated from the building since it opened in 2007. Tom Shepherd and Adam Connor of Colliers International represented the undisclosed seller.

September 15, 2021

Acquisitions Arizona Healthcare Office Western

Newmark Negotiates $33M Sale of Copper Point Medical Office Building in Gilbert, Arizona

by Amy Works September 10, 2021

GILBERT, ARIZ. — Newmark has arranged the sale of Copper Point, a medical office building located at 3530 S. Val Vista Drive in Gilbert. West Coast Capital Partners sold the asset to CA Ventures for $33 million. The two-story, 91,805-square-foot building was 96 percent occupied by multiple tenants at the time of sale. The tenant mix includes orthopedic surgery, oncology, cardiology and laboratory services. The building is adjacent to Dignity Health Mercy Gilbert Medical Center. Kathleen Morgan and Trisha Talbot of Newmark represented the seller, while the buyer was self-represented in the transaction.

September 10, 2021

Healthcare Leasing Activity Life Sciences New York Northeast Office

Opentrons Signs 47,790 SF Life Sciences Lease at Innolabs in Queens

by Taylor Williams September 10, 2021

NEW YORK CITY — Opentrons, a provider of lab automation technology, has signed a 47,790-square-foot life sciences lease at Innolabs, a facility located in the Long Island City area of Queens. Pandemic Response Lab, a subsidiary of Opentrons, moved in to a 13,000-square-foot space in late August. Neochromosome, another subsidiary, and Opentrons will occupy the balance of the space beginning in early 2022. Bill Harvey, Jared Horowitz, Jordan Gosin and Emma Kistler of Newmark represented the landlord, a partnership between King Street Properties, The Carlyle Group and GFP Real Estate, in the lease negotiations.

September 10, 2021

Healthcare Leasing Activity Massachusetts Northeast Office

Avison Young Negotiates 18,600 SF Headquarters Lease in Metro Boston

by Taylor Williams September 10, 2021

BILLERICA, MASS. — Avison Young has negotiated an 18,600-square-foot office headquarters lease for pharmaceutical and biotech research firm PureHoney Technologies at 3 Federal Street in Billerica, a northwestern suburb of Boston. Kirk Weller and Jason Levendusky of Avison Young represented the tenant, which will relocate from 44 Manning Road in the fourth quarter, in the lease negotiations. Brian Tisbert of JLL represented the landlord, Rhino Capital.

September 10, 2021

Newer Posts

Older Posts