DALLAS-After a year of negotiations, the University ofTexas-Southwestern Medical School has signed a five-year lease toroll out a new initiative, a Cytogenetics laboratory.

The wet lab will come on line Jan. 1 in 7,600 sf at Research RowBiolabs at 2110 Research Row, Jason Moser of the Certus Group tellsGlobeSt.com. In early 2001, the Certus Group bought the 75,000-sfstructure and tailored the space for medical use in a plan toalways latch onto some UT tenants. The new deal boosts occupancy to85%.

The UT lab joins Carter BloodCare, Mediware Information Systems,US Oncology and eXegenics Inc. Moser says he talking to otherprospects, but it's all preliminary at this stage for the MedicalDistrict property located at the corner of Harry Hines Boulevardand Research Row. Sherri Kuykendahl of Graham Investments brokeredfor the university while Moser handled Certus' side of thetalks.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.