Market Overview

Harvest Properties Acquires Concord Medical Facility

Share:

Full service commercial real estate firm Harvest Properties today announced that it has purchased a 152,000 square foot office, R&D and industrial facility in Concord from Siemens, and intends to overhaul and expand the property for new tenant Fresenius Medical Care North America (NYSE: FMS), the largest provider of dialysis products and services in the U.S.

Fresenius currently operates manufacturing and production facilities in Walnut Creek and Pittsburg, whose employees will relocate to the new Concord location following two phases of large scale redevelopment of the property. The new Concord site will serve in the same capacity. Fresenius is headquartered in Waltham, Mass.

Posted-In: News Asset Sales

 

Related Articles (FMS)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Apple Could Defeat the Kindle Fire 2, Nexus 7 with $249 iPad Mini

Zynga Shares Fall as Another Exec Leaves