MRA Group Recapitalizes Spring House Innovation Park
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HORSHAM, Pa., Feb. 23, 2021 /PRNewswire/ MRA Group (MRA), a leading real estate solutions firm and developer of life sciences and health care real estate in the mid-Atlantic region, announced it has formed a joint venture partnership with Beacon Capital Partners (Beacon), on Spring House Innovation Park in Lower Gwynedd, PA.
Spring House Innovation Park Aerial View of 133-Acre Life Science and Business Campus in Lower Gwynedd, Pennsylvania
Larry Stuardi, founder and CEO of MRA stated, MRA has been keenly focused on delivering life science and medical real estate for thirty years, however this is the first time that we have entered into a relationship with a nationally recognized equity partner. Stuardi went on to say, our collective leadership teams bonded over having shared core values and an unwavering commitment to fully execute on the vision for Spring House Inn
Pennsylvania company buys Chestnut Run Laboratory campus delawarebusinessnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delawarebusinessnow.com Daily Mail and Mail on Sunday newspapers.
MRA Group To Acquire DuPont s 800K SF Chestnut Run Laboratory Campus in Wilmington Delaware
Plan is to transform space into Delaware s premier innovation destination
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HORSHAM, Pa., Dec. 29, 2020 /PRNewswire/ MRA Group, a privately-held, regional real estate solutions firm based in Pennsylvania, today announced it has signed a letter of intent with DuPont to acquire the Chestnut Run Laboratory campus for redevelopment. Under the terms of the agreement, DuPont will continue to be a tenant at several lab buildings on the site following the transaction, which is expected to close by 3Q 2021.