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PEAK

Healthpeak

$34.93 /

+0.26 (+0.75%)

, JNJ

Johnson & Johnson

$145.08 /

-0.33 (-0.23%)

08:41
01/13/20
01/13
08:41
01/13/20
08:41

Healthpeak executes long-term lease with Janssen BioPharma at Sierra Point

Healthpeak Properties (PEAK) announced that it has executed a long-term lease with Janssen BioPharma, part of the Johnson & Johnson (JNJ) Family of Companies, for approximately 60% of Phase II at The Shore at Sierra Point. The lease is expected to commence in January 2022, upon completion of construction. Janssen BioPharma has expansion rights under the lease that can be exercised over the course of 2020. Phase II of The Shore at Sierra Point includes two Class A purpose-built life science buildings within a larger five-building campus. Healthpeak has designed and entitled an addition to Phase II of The Shore at Sierra Point, which will link the two buildings across three of the four floors, adding connectivity and increased functionality for both the Janssen BioPharma, Inc. team and future tenants. Phase II of The Shore at Sierra Point will now represent approximately 298,000 square feet, an increase from the initial 266,000 square feet planned.

PEAK

Healthpeak

$34.93 /

+0.26 (+0.75%)

JNJ

Johnson & Johnson

$145.08 /

-0.33 (-0.23%)

  • 13

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    Mar

PEAK Healthpeak
$34.93 /

+0.26 (+0.75%)

12/19/19 MZHO
Healthpeak initiated with a Buy at Mizuho
JNJ Johnson & Johnson
$145.08 /

-0.33 (-0.23%)

12/30/19 HCWC
J&J declining option with Provention for PRV-6527 expected, says H.C. Wainwright
01/09/20 WELS
Johnson & Johnson price target raised to $165 from $155 at Wells Fargo
01/09/20 JMPS
Argenx price target raised to $170 from $164 at JMP Securities
01/10/20 BWSF
Anika acquisitions set up direct competition with partner, says BWS Financial

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