Ypsomed Purchases Life Sciences Building H From Crescent Communities For $31.5M In Holly Springs
North Carolina
See Similar DealsYpsomed Purchases Life Sciences Building H From Crescent Communities For $31.5M In Holly Springs
Summary
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.
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