San Francisco-based GI Partners has paid $337.5 million for the the GSK Global Vaccine Centre in Rockville, MD. The three-building, 635,058 sqf vaccine research and development facility is fully leased to a wholly-owned subsidiary of GlaxoSmithKline. Located in “DNA Alley” at 14200 Shady Grove Road, the three-building campus is situated on a 28 acre site. The area is home to numerous health research institutions, including the National Institutes of Health, the National Cancer Institute Headquarters, the U.S. Food and Drug Administration, the University of Maryland Shady Grove Life Sciences Center and Johns Hopkins University Belward Campus. Holliday Fenoglio Fowler represented the seller, BioMed Realty, and worked on behalf of the new owner to secure an acquisition loan through Goldman Sachs.
