GI Partners announces new East Coast life-science acquisitions

GI Partners has purchased three new East Coast life-science properties representing 419,000 square feet and located in two of the industry’s most-sought-after markets — Boston/Cambridge and the Research Triangle Park (RTP) — on behalf of its Essential Tech + Science Fund, GI Partners ETS Fund LP (ETS Fund).

“We are excited about our three most recent life science acquisitions on the East Coast, with two in Greater Boston’s premier lab cluster and another in North Carolina’s storied Research Triangle region,” said John Curran, Principal of GI Partners. “These properties mark a new foray for the ETS Fund into two critical life science ecosystems widely recognized for their rich talent pools, anchor research and academic institutions, and robust capital investment. We will seek to leverage our extensive knowledge of these and other top tier lab markets in order to expand our life science presence through various transaction structures and sourcing channels.”