A rendering of a Lincoln Property Co.-led development off Congress Street in Boston s Seaport.
Activity in the Seaport remains red-hot as a prominent developer has received approval for a coveted mixed-use development on a 1.1-acre plot.
The Massachusetts Port Authority has approved a $123M ground lease with Lincoln Property Co. to develop a 730K SF lab, office and retail project in the South Boston Waterfront, it announced Thursday.
“This proposal also helps the Authority address our current economic challenges by providing a significant upfront payment coupled with long-term financial upside,” Massport CEO Lisa Wieland said in a statement.
Dallas-based LPC agreed to pay $50M to the agency upfront after it asked bidders to help it with a downturn in revenues from Logan Airport amid the coronavirus pandemic, The Boston Globe reported.
DNB Asset Management AS Raises Holdings in Alexandria Real Estate Equities, Inc (NYSE:ARE)
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Sound Financial Strategies Group LLC Takes $660,000 Position in Alexandria Real Estate Equities, Inc (NYSE:ARE)
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AltPep Raises $23M Jumpstarting Work on Alzheimer s Disease
Search jobs SEATTLE - January 14, 2021 - (Newswire.com)
AltPep Corporation, a privately held biomedical company focused on diagnosing and treating Central Nervous System amyloid disorders, starting with Alzheimer s Disease, today announced it closed a $23.150 million Series A investment round. Matrix Capital Management led the investment, with significant participation by Alexandria Venture Investments. In conjunction with the financing, David Goel, Managing General Partner and Founder of Matrix Capital Management and Joel Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities/Alexandria Venture Investments, have joined the AltPep Board of Directors.
The proceeds of the Series A investment will be used to advance a breakthrough technology developed at the University of Washington laboratory of AltPep Founder and CEO, Valerie Daggett, Ph.D., that targets the misfolded forms of amyloi
Marlborough’s Cytiva, the rebranded GE Healthcare Life Sciences, has been named as a founding member of a forthcoming 40,000 square-foot manufacturing and innovation center at the The Arsenal on the Charles in Watertown, according to a Thursday press release from Harvard University.
Once ready, the facility will be home to the Massachusetts Center for Advanced Biological Innovation and Manufacturing, or CABIM, which was founded in 2019. The site is expected to open in early 2022.
Cytiva sits on CABIM’s board of directors, which also includes Harvard University, Massachusetts Institute of Technology in Cambridge, FUJIFILM Diosynth Biotechnologies, which maintains domestic offices in North Carolina and Texas, and Alexandria Real Estate Equities, Inc. of California, which owns and operates The Arsenal. The initiative recently completed a $76 million fundraising effort.