Image Credit: CBRE U.S. Real Estate Market Outlook 2024 CBRE Report Highlights Growth in Maryland During Q1 2024 The Maryland life sciences market continues to perform reliably, with 138,000 square [….]
How Life Science Companies are Extending their Budgets in 2024
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The Next Thing in Life Sciences Facility Design and Construction with Christopher R. DiPaolo, President and Founder of PROTECS
Published on :The Next Thing in Life Sciences Facility Design and Construction with Christopher R. DiPaolo, President and Founder of PROTECS
TriPost Capital Partners Bolsters South Duvall’s Life Science Real Estate Growth with Strategic Investment
Published on :TriPost Capital Partners Bolsters South Duvall’s Life Science Real Estate Growth with Strategic Investment December 19, 2023TriPost’s investment is a testament to the growing significance of the scientific real estate [….]
Merck Partners with NCA&T for New N.C. Biotechnology Training Center
Published on :A planned biotechnology training center at Gateway Research Park’s South Campus in East Greensboro will provide a new pathway for students at North Carolina Agricultural and Technical State University to achieve careers in the biopharma industry.
Philly Department of Commerce Pushing Hard to Support City’s Life Science Growth
Published on :Philly Department of Commerce Pushing Hard to Support City’s Life Science Growth By Mark Terry June 20, 2023 Philadelphia has been ranked #5 in the U.S. as a life science [….]
Why the Maryland Region Was Ranked #3 for Top Life Sciences Research Talent by CBRE
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Philly Life Science Real Estate Projects Hit More Milestones
Published on :Philly Life Science Real Estate Projects Hit More Milestones By Mark TerryMay 19, 2023 Life science construction projects in the Philadelphia region continue to boom. A recently announced project and [….]
Eagleview leases new 110,000-SF building to international life sciences companies; hundreds of jobs planned
Published on :Eagleview leases new 110,000-SF building to international life sciences companies; hundreds of jobs planned
This rendering shows an overhead view of a new building in Exton’s Eagleview development.
HANKIN GROUP
By Paul Schwedelson – Reporter, Philadelphia Business Journal
Nov 10, 2022 Updated Nov 11, 2022, 5:26pm EST
Listen to this article 4 min
Swiss and Chinese companies have signed long-term leases to occupy a 110,000-square-foot lab and flex space building under construction in Exton’s Eagleview development.
Früh Verpackungstechnik AG, a medical packaging company based in Fehraltorf, Switzerland, will lease 63,500 square feet in the new building. China’s Frontage Laboratories, which already leases space in Eagleview, signed to lease another 46,500 square feet in the same future building. Frontage provides product development services to companies developing drugs.
Hankin Group, Eagleview’s developer, said the total cost of the building is $40 million. The companies declined to share terms of the two leases. The building is at 240 Sierra Drive.
Früh plans to employ “a few hundred” people at its the site with most being newly created jobs, Chief Sales and Marketing Officer Thomas Good said from Switzerland in a phone interview.
“We are following the customers’ voice,” Good said. “We already do…
Understanding Life Sciences Leasing
Published on :Life sciences leases are at the vanguard of the new real estate economy. The highly specific and costly requirements of life sciences leases set them apart from other commercial leases. Therefore, an enhanced understanding of the tenant’s needs and the landlord’s capabilities is critical to a successful life sciences lease.