Real estate companies that focus on developing lab and manufacturing space for life sciences companies are circling 3900 Market St., the site of University City Townhomes, an affordable housing complex that was put up for sale. A bidding process for the property, the size of a city block, is being overseen by a commercial real… Read more »
Posts Tagged: University City
Center City office building hits the market in life sciences play
Stoltz Management, a Bala Cynwyd real estate company, has put up for sale 2300 Chestnut St., a Center City office building that could sell for an estimated $40 million. Stoltz bought the 103,905-square-foot office building in 2017 for $28.75 million and invested in upgrades to the lobby and elsewhere. The building is 77% leased to… Read more »
Cambridge Innovation Center to double its lab space in University City with $11M expansion
Cambridge Innovation Center plans to spend more than $11 million to double its lab space at 3675 Market St. in uCity Square, creating what it says will be one of the largest shared laboratory hubs in the country. The expansion will result in the addition of more than 200 lab benches, up from the 200… Read more »