Memorial Drive

Mispro Expands to Memorial Drive, Cambridge

Retrieved on: 
Wednesday, August 9, 2023
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Mispro, Boston’s leading provider of contract vivarium lab facilities, is pleased to announce the opening of its newest Metro-Boston facility on Memorial Drive in Cambridge.

Key Points: 
  • Mispro, Boston’s leading provider of contract vivarium lab facilities, is pleased to announce the opening of its newest Metro-Boston facility on Memorial Drive in Cambridge.
  • The company’s decision to expand to Memorial Drive is driven by the continued growth of the biotech and life sciences sector in the area, as well as the increasing demand for state-of-the-art, yet affordable, lab space for preclinical R&D.
  • In addition to its convenient location within the vibrant life sciences ecosystem in Cambridge, Mispro’s Memorial Drive facility offers parking and is within walking distance to nearby cafes, restaurants, and green spaces, providing client companies with an attractive blend of work and leisure.
  • Mispro’s Memorial Drive facility is set to open in November 2023.

Alexandria Real Estate Equities, Inc.'s Unique, Highly Sought-After Labspace Assets in High-Barrier-to-Entry Markets Continue to Generate Strong Financial Returns

Retrieved on: 
Tuesday, June 20, 2023
Nasdaq Composite, Heart, IPO, Drive, Investment, Second Avenue, REIT, Overalls, Boston, Bristol Myers Squibb, Research, Tenant, Memorial Drive, Sale, Eli Lilly, FFO, EBITDA, AAA, Laboratory, Alexandria Real Estate Equities, RSF, Growth, Health, FDA, NYSE, TSR, Pharmaceutical industry, Fine chemical, Torrey Pines, Greater Boston

PASADENA, Calif., June 20, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations, has been at the vanguard and heart of the life science ecosystem since inventing and creating the novel Labspace® niche in 1994. Alexandria is a one-of-a-kind company — it is the only pure-play publicly traded laboratory REIT. Founded on the belief that life science companies are most successful when positioned in the epicenter of the world's top innovation ecosystems in close proximity to world-renowned academic medical institutions, deep specialized talent and ample risk capital, Alexandria has applied its cluster model to the life science industry in a disciplined manner to execute on its original bold vision to create a new kind of real estate company uniquely focused on this essential industry and the highly complex infrastructure needed to support its mission-critical work to advance human health. Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry. The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR). From its IPO in May 1997 through March 31, 2023, Alexandria has generated an outstanding TSR of 1,444% (assuming reinvestment of dividends), significantly outperforming major indices over the same period, including the Nasdaq Composite's TSR of 998%, the MSCI U.S. REIT's TSR of 706% and the S&P 500's TSR of 683%.

Key Points: 
  • Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry.
  • The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR).
  • Alexandria's strong and timely execution of its strategic value harvesting and asset recycling program to raise accretive capital has demonstrated continuing solid demand for scarce, high-quality life science assets.
  • Affiliates of Alexandria recently completed the sale of five non-core, non-mega campus properties aggregating 428,663 RSF in the Greater Boston market to affiliates of TPG Real Estate Partners.

Local Infusion Opens Infusion Center in Augusta, Maine, the Third Location to Open in New England in 2023

Retrieved on: 
Thursday, May 11, 2023
I-95, Patient satisfaction, ME, Wi-Fi, Memorial Drive, Suite, NPS, Patient, Physician, Medical device, Central Maine Medical Center

"We're thrilled to open our first location in Maine, after our first two locations opening in New Hampshire — bringing our mission of affordable, high-quality infusion therapy care to the Maine community," said Woody Baum, Founder & CEO, Local Infusion. "We've heard from physicians, employers and payers alike, that there is a need for better options for patients in Maine. Our innovative patient-centric model that saves plans and employers an average of $40k per patient per year, while also boasting industry leading patient satisfaction scores -- our team is proud to receive an average Patient NPS of 95 vs broader healthcare industry's 58."

Key Points: 
  • Local Infusion Augusta was built to meet the growing demand for world-class infusion care by patients and employers in the area.
  • The opening of Local Infusion Augusta marks the company's third location in New England and first location in Maine.
  • Local Infusion previously opened its Bedford, NH location in March 2023 and its Concord, NH location in January 2023.
  • Its Augusta, ME will be joined by additional openings in 2023 as the organization continues to scale its technology-enabled infusion care model.

Field of Crosses underscores importance of Remembrance Day with Eleven Days of Remembrance ceremonies

Retrieved on: 
Thursday, October 27, 2022
Field, School, U.S. Track & Field and Cross Country Coaches Association, Life, AB, Memorial Drive, Argonne Cross Memorial, Hearing, McCann, Drive, Eleven Days, Atrocity, GLOBE, Heart, Memorial Cross, Entertainment, Remembrance

From November 1 to 11, Calgarians can visit the memorial and participate in daily sunrise and sunset ceremonies, in addition to a poignant Night of Lights tribute and Remembrance Day service.

Key Points: 
  • From November 1 to 11, Calgarians can visit the memorial and participate in daily sunrise and sunset ceremonies, in addition to a poignant Night of Lights tribute and Remembrance Day service.
  • The Field of Crosses is open to the public and free of charge, while a donation to its adopt-a-cross fundraising initiative is encouraged.
  • School choirs, military, buglers, pipers, Memorial Cross families and other special groups join the Field of Crosses for its Eleven Days of Remembrance ceremonies held daily.
  • In addition to its Eleven Days of Remembrance, the non-profit is encouraging Calgarians to participate by adopting a cross and support the Field of Crosses two-decade-long tradition of remembrance.

CTO Realty Growth Announces Acquisition of Grocery-Anchored Retail Property in Atlanta, Georgia for $80.2 Million

Retrieved on: 
Monday, July 11, 2022
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The purchase price represents a going-in cap rate below the range of the Companys guidance for initial cash yields.

Key Points: 
  • The purchase price represents a going-in cap rate below the range of the Companys guidance for initial cash yields.
  • We are very excited to be increasing our presence in Atlanta with our acquisition of Madison Yards, fortifying it as our portfolios largest market and adding to our grocery-anchored property exposure, said John P. Albright, President and Chief Executive Officer of CTO Realty Growth.
  • CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States.
  • CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.

Atlanta Housing and Partners Bring Affordable Housing to the BeltLine

Retrieved on: 
Thursday, March 10, 2022
Bank, Housing, Court at 275 North Chester Avenue, Bank of America, Twitter, City, Partnership, Georgia Department of Corrections, Memorial Drive, U.S. Department of Agriculture Cotton Annex, Atlanta Housing Authority, Texas Department of Housing and Community Affairs, Multimedia, Acquisition, Drive, Restaurant, U.S. Department of Housing and Urban Development, Office of Inspector General, CEO, Walking, View, LinkedIn, Amusement park, Instagram, Invest Atlanta, Atlanta

ATLANTA, March 10, 2022 /PRNewswire/ -- Atlanta Housing announced Tuesday a major new development that will make living on the Atlanta BeltLine a reality for 116 working and low-income families.

Key Points: 
  • ATLANTA, March 10, 2022 /PRNewswire/ -- Atlanta Housing announced Tuesday a major new development that will make living on the Atlanta BeltLine a reality for 116 working and low-income families.
  • "Atlanta Housing is proud to help spearhead this partnership to bring affordability to one of the fastest growth areas of our city," said Eugene E. Jones, Jr., president and CEO of Atlanta Housing.
  • Atlanta Housing will invest $8.87 million for construction, permanent and acquisition funding, in addition to long-term housing subsidies for 46 families.
  • "Madison Reynoldstown is an exemplary example of interagency cooperation, bringing together private banking, Atlanta Housing, Invest Atlanta, Atlanta BeltLine, Inc., the Georgia Department of Community Affairs, the National Housing Trust Fund and the City of Atlanta," said CEO Jones.

Campaign illuminates the University’s ever brighter future

Retrieved on: 
Monday, November 1, 2021
STEM, CORAL, Director, Memorial Drive, History, Leonard, Lennar Corporation, National, The School of Architecture, COVID-19, University, University of Miami, Health, Division, GLOBE, Chemistry, Culture, Engineering, Research, Computing, Century, Faculty, Machine learning, Lead, Tropical cyclone, Lou, Friends, Artificial intelligence, National Cancer Institute, Solution, Data science, Student affairs, Herberts, Institute, School, Department, Education, Atmospheric science, Love, College, Leadership, Internet, U, Coral Reefs, Ecology, Student, Board of directors, Technology, Marine biology, Ethics, Patient, Patti, Engineering education, Board, National Institutes of Health, Development, Bascom Palmer Eye Institute, Parent, Pharmaceutical industry, Management, Hospital, Medicine, Seaweed

The campaign will conclude in 2025 when the University celebrates is centennial.

Key Points: 
  • The campaign will conclude in 2025 when the University celebrates is centennial.
  • We are on our way to meeting our $2.5 billion goal, but Ever Brighter is not about a number, said Frenk.
  • Designed to amplify the Universitys strengths in areas where it has long shined, the Ever Brighter campaign goals are focused on seven themes, offering opportunities for every interest.
  • The Universitys vibrant and diverse academic community comprises 12 schools and colleges serving more than 17,000 undergraduate and graduate students in more than 180 majors and programs.

MetLife Investment Management and Norges Bank Investment Management Announce $825.1 Million Acquisition of One Memorial Drive

Retrieved on: 
Thursday, August 26, 2021
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Carbon, Benchmark, Joint Ventures, Microsoft, MetLife Inc. v. Financial Stability Oversight Council, Certification, Real estate, 1 Memorial Drive, Program, Securities & Exchange Commission of Pakistan, Acquisition, CoStar Group, Insurance, Oxford Properties, MetLife, U.S. Green Building Council, Norges Bank, MIM, Drive, Agriculture, NYSE, Investment, Silver, Memorial Drive, LEED, U.S. Securities and Exchange Commission, Alexandria Real Estate Equities, Goal, News, COVID-19, MET, Solution, Joint venture, Technology, Financial services

MetLife Investment Management (MIM) , the institutional asset management business of MetLife, Inc. (NYSE: MET), and Norges Bank Investment Management (NBIM), the asset management division of Norges Bank, today announced the acquisition of One Memorial Drive in Cambridge, Massachusetts for $825.1 million.

Key Points: 
  • MetLife Investment Management (MIM) , the institutional asset management business of MetLife, Inc. (NYSE: MET), and Norges Bank Investment Management (NBIM), the asset management division of Norges Bank, today announced the acquisition of One Memorial Drive in Cambridge, Massachusetts for $825.1 million.
  • MetLife Investment Management , the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide.
  • Norges Bank Investment Management is the asset management division of Norges Bank, the Norwegian central bank.
  • Norges Bank Investment Management aims for the highest possible long-term return within the investment mandate set by the Norwegian Ministry of Finance.

Houston Urgent Care Center Opens Three New COVID-19 Rapid Testing Centers in Houston Area To Help Residents Get Necessary Tests

Retrieved on: 
Wednesday, August 19, 2020
Health care, Health, Articles, Geography of Houston, Clinics, General practice, Healthcare in the United States, Urgent care center, Houston, Interstate 10 in Texas, Memorial Drive

HOUSTON, Aug. 19, 2020 /PRNewswire-PRWeb/ --enTrust Immediate Care has opened three new Houston area COVID-19 testing centers to help area residents and businesses get the tests they need as quickly as possible.

Key Points: 
  • HOUSTON, Aug. 19, 2020 /PRNewswire-PRWeb/ --enTrust Immediate Care has opened three new Houston area COVID-19 testing centers to help area residents and businesses get the tests they need as quickly as possible.
  • The Houston, TX based urgent care center with locations in West Houston and Memorial Drive , opened new COVID-19 testing centers on Atascocita Road in Humble, FM 2929 in Spring, and North Fry Road in Katy, TX.
  • enTrust Immediate Care's two Houston, TX urgent care clinic locations on Katy Freeway/I-10 in West Houston and on Memorial Drive, also offer rapid COVID-19 tests.
  • enTrust Immediate Care has two urgent care centers at 9778 Katy Freeway, Suite 100, Houston, Texas 77055 and 5535 Memorial Drive, Suite B, Houston, TX 77007.

Mill Creek Announces Start of Preleasing at Modera Shepherd

Retrieved on: 
Wednesday, May 23, 2018
Geography of Texas, Allen Parkway, Tanglewood, Houston, Memorial Drive, Houston

"Modera Shepherd will promote an active, social vibe where residents will commonly frequent the amenity spaces sometimes more often than their homes.

Key Points: 
  • "Modera Shepherd will promote an active, social vibe where residents will commonly frequent the amenity spaces sometimes more often than their homes.
  • Modera Shepherd provides quick access to Interstate 10, Memorial Drive and Allen Parkway, which link to various key locales across the metropolitan area.
  • Including Modera Shepherd, Mill Creek has developed, is developing or has acquired eight communities in the Houston area.
  • Others include Modera Energy Corridor, Modera Flats, Astor Tanglewood, Sola Uptown River Oaks and Modera Spring Town Center.