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LAB SALES

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 pickering creek industrial park exton morphotek jones lang lasalle  jerry kranzel douglas rodio
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.