July 11, 2022 10:00 AM
星空体育app下载 announces the 26,200-square-foot lab lease at Spring House Innovation Park (鈥淪HIP鈥�) located at 727 Norristown Road in Lower Gwynedd, Pennsylvania. 星空体育app下载 Managing Director Justin Bell represented the tenant, FlowMetric LLC a KCAS company (鈥淔lowMetric鈥�) in the lease transaction.
FlowMetric is an industry leading contract resource organization (CRO) specializing in flow cytometry and cellular assay R&D services, with offices in Doylestown, Pennsylvania and Milan, Italy.
鈥淭his project has been in the works for many years and as we explored different life science options in the market, we kept returning to the Spring House Innovation Park,鈥� said Bell. 鈥淚t is truly exciting to help FlowMetric realize its goal of designing a first-class lab facility that will fuel the company鈥檚 growth moving forward.鈥�
鈥淭he Spring House Innovation Park checked all the boxes we were looking for鈥攚ell-capitalized ownership, attractive economics, convenient location, lab-ready infrastructure and on-site amenities that will help FlowMetric thrive in a unique campus environment,鈥� said Ren Capocasale, Vice Chair & Founder of FlowMetric.
SHIP is a premier, 600,000-square-foot life science, office and research campus in suburban Philadelphia. The park offers move-in ready and build-to-suit laboratories, state-of-the-art R&D facilities and Class A office space, and will feature campus amenities including an eatery, walking trails, conference and event space and a fitness center. Beacon Capital Partners, a private real estate firm with a 75-year legacy of successful real estate development, management and transformation, owns the property through a joint venture with MRA Group, a privately held, multi-disciplined real estate solutions firm which also serves as the property manager.
Greater Philadelphia is one of the largest life science markets by employment and laboratory inventory nationwide, according to a report from 星空体育app下载 Research. This is supported by the area鈥檚 rich concentration of colleges and universities, renowned healthcare institutions and a strong legacy of pharmaceutical manufacturing. The market鈥檚 world-class healthcare and educational institutions have fostered expanding innovation in biotech research and development, especially relating to novel gene and cell therapies. Demand from research institutions and biotechnology and pharmaceutical companies remains high, with an estimated 2.5 million square feet of active tenant requirements as of early 2022.
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星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. 星空体育app下载 generated revenues of nearly $3.1 billion for the twelve months ending March 31, 2022. 星空体育app下载鈥檚 company-owned offices, together with its business partners, operate from approximately 170 offices with 6,300 professionals around the world. To learn more, visit nmrk.com or follow .
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星空体育app下载 Represents 26,200-Square-Foot Lab Lease in Lower Gwynedd, PA
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