LAB SALES

A California REIT who builds and operates science labs is selling two of its suburban Philly complexes. (So any mad scientists looking for local lab space, pay attention.)
Alexandria Real Estate Equities has put two of its MOBs up for sale here: a nearly 60k SF HQ/lab for Morphotek Inc at Pickering Creek Industrial Park in Exton, which also is expanding with an $80M pilot plant across the street, and an 111,400 SF life science lab, plant and office for Animas Corp at 200 Lawrence Dr in West Chester. Pasedena-based Alexandria, which specializes in life science MOBs, has tapped Jones Lang LaSalle's Jerry Kranzel, Douglas Rodio, and James Galbally to market the portfolio.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Olde Richmond Project Lands $20M Construction Loan: The Philadelphia Deal Sheet

To Rein In Costs, Philly Affordable Housing Players Look To Become 'Less Reliant On Consultants'

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Shapiro Turns On Pennsylvania Data Centers With Restrictive Executive Order

Avison Young Plans Second Major Recapitalization Since 2024

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market