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Ypsomed Purchases Life Sciences Building H From Crescent Communities For $31.5M In Holly Springs

Property Image
SOLD
$31,500,000

North Carolina

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Life Sciences110,000 SF
Sold 12/04/2025
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SOLD

Ypsomed Purchases Life Sciences Building H From Crescent Communities For $31.5M In Holly Springs

Life Sciences110,000 SF
Sold 12/04/2025

Summary

Asset Type:Life Sciences
Price Per Square Foot:$286
Total Square Footage:110,000 SF
Transaction Type:Sale

Crescent Communities sold Building H at 11651 Holly Springs Road in Holly Springs, NC, to Ypsomed for $31.5 million. The property encompasses 110,000 square feet, translating to a price per square foot of $286. This asset is part of THE YIELD Holly Springs, a 2-million-square-foot life science campus situated in North Carolina's Research Triangle, close to major biotech companies.

Summary of transaction details:

  • Property Type: Life Sciences
  • Transaction Amount: $31,500,000
  • Buyer: Ypsomed
  • Seller: Crescent Communities
  • Sale Date: 12/04/2025

Ypsomed plans to transform the acquired property into their first North American manufacturing facility by 2027. The deal showcases the strategic movements within the life sciences sector, particularly in proximity to significant industry players such as FujiFilm and Genentech.

Players

SELLER

Details

SOLD
IMAGE: 12/04/2025 ADDRESS: 11651 Holly Springs Road MARKET: Holly Springs, NC ASSET TYPE: Life Sciences BUYER: Ypsomed SELLER: Crescent Communities SALE PRICE: $31,500,000 SF: 110,000 ~ PPSF: $286 NOTE: Crescent Communities sold Building H at THE YIELD Holly Springs to Ypsomed for $31.5 million, with plans to transform it into their first North American manufacturing facility by 2027. THE YIELD Holly Springs, a 2-million-square-foot life science campus, is located in North Carolina's Research Triangle, near major biotech companies like FujiFilm and Genentech.

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