Posts Tagged: Life Sciences

University City Building Sells for $79M as Life Sciences Market Remains Red Hot

GI Partners, a San Francisco investment firm, has paid $79 million, or roughly $567 a square foot, for 3701 Market St. in the University City neighborhood of Philadelphia. The sale of the 8-story, 141,913-square-foot building highlights how life sciences properties trade at a premium and continue to attract outside real estate investors to Philadelphia and… Read more »

Life Sciences Companies Sign HQ Leases in Chester County as Deals Begin to Pick Up

Three life sciences companies have leased space for their headquarters in two different corporate centers in Chester County, making long-term commitments to the region. Though it explored options in the suburbs and Philadelphia, Castle Creek Biosciences Inc. decided to stay in its 86,500 square feet at Eagleview Corporate Center in Exton, where $20 million will… Read more »