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The Class A industrial building at 350 Cypress Hill Drive in McKinney, Texas, where Innovative Life Sciences leased 83,838 square feet as part of its expanded North Texas footprint.
Leasing

Innovative Life Sciences Expands to 218,148 SF in North Texas With 83,838-SF McKinney Lease Brokered by Colliers

Colliers represented Innovative Life Sciences in an 83,838-square-foot industrial lease at 350 Cypress Hill Drive in McKinney, Texas, the third transaction the firm has completed for the growing life sciences company. The deal pushes Innovative Life Sciences' total North Texas industrial footprint to 218,148 square feet accumulated over four years.

•IndustrialLife Science
A conceptual mixed-use district rendering illustrates the type of urban environment planned for MCB Real Estate’s $2.7 billion VIVA White Oak development in Silver Spring.
DevelopmentMixed UseMultifamily+5

MCB Real Estate Secures $420 Million TIF Authorization to Launch $2.7 Billion VIVA White Oak Development in Silver Spring

Montgomery County Executive Marc Elrich signed legislation on August 28, 2026, authorizing up to $420 million in Tax Increment Financing bonds for MCB Real Estate's VIVA White Oak development in Silver Spring, Maryland. The 280-acre, $2.7 billion mixed-use project will span up to 12.1 million square feet and marks the county's first-ever TIF district.

•MCB Real Estate
A conceptual retail and dining plaza illustrates the mixed-use vision for MCB Real Estate's $2.7 billion VIVA White Oak development in Silver Spring.
DevelopmentMixed UseMultifamily+2

MCB Real Estate Names Ryan Homes and NVHomes as Homebuilders for $2.7B VIVA White Oak Development in Silver Spring

MCB Real Estate has named Ryan Homes and NVHomes as homebuilding partners for VIVA White Oak, a $2.7 billion mixed-use development in Silver Spring, Maryland. The announcement follows Montgomery County's approval of up to $420 million in Tax Increment Financing bonds, clearing the project's final legislative hurdle ahead of a planned fall construction start.

•MCB Real Estate
Corporate Updates

Healthpeak Sells 80% Stake in Outpatient Medical Portfolio to Blackstone in $212M Recapitalization

Healthpeak Properties sold an 80% joint venture interest in a six-property, fully occupied outpatient medical portfolio to Blackstone affiliates at a gross valuation of $212 million, generating approximately $170 million in proceeds. The transaction is part of Healthpeak's broader capital recycling strategy and contributed to the company raising its full-year 2026 earnings guidance.

•Healthpeak

More News

Architectural rendering of the Century Housing–led affordable housing component of the CDU Wellness & Education Campus in Willowbrook, showing the proposed mixed-use building intended to deliver up to 254 deed‑restricted homes adjacent to Charles R. Drew University.
DevelopmentMixed UseAffordable+4

Century Housing, Charles R. Drew University Win County Approval for 254-Unit Affordable Campus in Willowbrook

The Los Angeles County Board of Supervisors has approved final land use entitlements for the CDU Wellness & Education Campus in Willowbrook, clearing the way for Century Housing to develop 254 affordable homes as part of a broader mixed-use health and education hub adjacent to Charles R. Drew University. The Board's action also certified the project's environmental review and approved a long-term ground lease, establishing site control for the future campus.

•Century Housing
Optima McDowell Mountain exterior, an example of high-density condominium architecture that illustrates the style and scale DMB Associates is proposing with 350 for‑sale condos in the amended One Scottsdale plan.
DevelopmentMixed UseMultifamily+5

Scottsdale Planning Board Approves Shift from Commercial Space to 350-Unit Condo Expansion at One Scottsdale

DMB Associates has received planning board approval to reduce commercial space at One Scottsdale in favor of 350 for-sale condominiums and a Marriott Autograph Collection hotel. The move opens the door for Belgravia Group, the builder behind two condo projects at the mixed-use development, to expand its residential pipeline at the north Scottsdale site.

•Optima
Aerial 3D rendering of the Pathway Triangle life-sciences campus in Morrisville, N.C., showing multiple modern lab/manufacturing buildings, roadways, parking areas and landscaping.
LeasingLife ScienceIndustrial

Novartis Expands King Street Properties' Pathway Triangle in Morrisville to Over 250,000 SF With Second Facility

Novartis will add a second facility at King Street Properties' Pathway Triangle campus in Morrisville, North Carolina, leasing 56,200 square feet for active pharmaceutical ingredient manufacturing. The expansion brings the global pharmaceutical company's total footprint at the one-million-square-foot campus to more than 250,000 square feet.

•King Street Properties
Street‑level exterior of Innolabs in Long Island City, showing the white classical façade and adjacent modern glass addition with the building entrance signage visible.
LeasingLife Science

King Street Properties' Innolabs Achieves Full Occupancy with Rover Diagnostics Lease in Long Island City

King Street Properties and GFP Real Estate announced that Innolabs, a 267,000-square-foot life science facility in Long Island City, N.Y., has reached full occupancy following a 15,763-square-foot lease with Rover Diagnostics. The transaction underscores continued demand for move-in ready lab space in the New York metro life science market.

•King Street Properties