Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Healthcare  | 

277K-SF Lonza Viral Therapy Facility Trades Hands

Zeller Realty Group is the new owner of the just-opened Lonza Viral Therapy Facility, a 276,770-square-foot biotechnology center in Pearland, TX. Zeller bought the asset at 14905 Kirby Dr. from Pinchal & Co. HFF’s Jeff Hollinden and Cameron Cureton led the team representing the Houston seller, while securing acquisition financing for the buyer. Bank of Texas issued the loan.

Lonza America Inc. is leasing the facility on a long-term, triple-net basis. The property is touted as the world’s largest cell and gene therapy facility, and houses office space, a process development unit, quality control laboratories, a fully segregated fill/finish suite and independent modular cleanrooms designed to manufacture cell therapy products. Lonza America is a subsidiary of Swiss biotechnology and pharmaceutical company Lonza Group AG.

The facility, appraised at $16.9 million, is situated on 11 acres in the Lower Kirby Urban District. The 1,200-acre district is geared toward life sciences and biotechnology.


Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Connect

Inside The Story

Read More At HFF

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Sale/Acquisition
Colliers-60-cube
Colliers-62-cube