New York City developer launches life sciences venture

New York City developer launches life sciences venture

Taconic Partners, one of New York’s largest private owners and managers of laboratory space serving pharmaceutical and biotechnology companies, is consolidating its life sciences portfolio into a new subsidiary called Elevate Research Properties. Elevate will control three life science labs currently under development by Taconic. Elevate also plans to spend more than $250 million to … Read more

Storage giants consolidate in a changing real estate market

Storage giants consolidate in a changing real estate market

prologue inc is expanding its significant reach in industrial real estate as market enthusiasm fades and the tight capacity that has been driving up rents shows signs of opening up. Developers say after several years of fervent appetites for storage space during the Covid-19 pandemic, they are seeing tenant demand cool off as consumers pull … Read more