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3160 Porter Dr. The building at 3160 Porter Dr. will be a life science incubator and small lab suites (credit: Vantage Point Photo).

➤➤ Join the GlobeSt.HEALTHCARE (formerly RealShare) conference December 3-4 in Scottsdale, AZ. The event will cover the industry’s major issues as well as the prevailing and upcoming trends in regulations, space use, budgeting, and technology implementation. Through panel discussions and peer-to-peer networking opportunities, the attendees will gather expert insights on how these factors will affect the development, operation, investment and design of healthcare real estate. Also, be sure to get your nomination in for our healthcare influencer and senior housing influencer feature. Click here to register and view the agenda.

STANFORD, CA—Alexandria Real Estate Equities Inc. acquired 3160 Porter Dr., a 92,000 rentable square feet redevelopment project in Stanford Research Park, for $26 million. Alexandria was selected by Stanford University to transform 3160 Porter Dr. into an innovation center to foster the growth of early- and growth-stage life science companies, and enable the discovery and development of new treatments and cures that will positively impact human health.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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