Today Ensemble Real Estate Investments announced that it closed on the purchase of three large Life Sciences facilities occupied by WuXi Advanced Therapies, Inc. (“WuXi”), in Philadelphia’s Navy Yard.
The Downtown Long Beach (DTLB) renaissance continues to bloom with The Magnolia from Ensemble Real Estate Investments, a new mixed-use property that is now open and leasing at 500 W Broadway.
In these unprecedented times every business has had to adapt their operations and protocols in some form as we continue to navigate the Covid-19 pandemic. Some of these new ways of doing business may remain in place as we eventually overcome the current pandemic crisis. The following are some best practices Ensemble would suggest for landlords to consider during the current crisis as well as some ideas to build into any future operation planning.
Philadelphia – June 28, 2022 – PIDC and Ensemble/Mosaic today unveiled the 2022 Navy Yard Plan, a transformative roadmap for equitable growth that throughout the next 20 years will deliver 12,000 new jobs, 8.9 million square feet of new life science, commercial, residential, retail, and mixed-use development and $6B of new investment—of which, $4.8B will be generated by Ensemble/Mosaic’s development initiatives. Mayor Jim Kenney, government officials, and many of the Navy Yard’s 150 businesses were in attendance.
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