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CenterSquare Investment Management Invests $158 million in IQHQ

Nov 19, 2020•over 4 years ago

Amount Raised

$158 Million

Plymouth Meeting

Description

CenterSquare Investment Management (CenterSquare), a leading global real assets manager, today announced a $158 million equity investment in IQHQ, a premier life sciences real estate development company. CenterSquare participated in the $1.7 billion funding round of new equity to support expansion of the company's growing portfolio of properties in premier life sciences markets including Boston, San Francisco and San Diego. IQHQ will use the funds to pursue its development pipeline that includes an anticipated 4.4 million square feet of cutting-edge projects.

Company Information

Company

Center Square

Location

Plymouth Meeting, Pennsylvania, United States

About

CenterSquare is a global investment manager focused on actively managed real estate and infrastructure strategies. Headquartered outside Philadelphia with affiliate offices in New York, Los Angeles, London and Singapore, CenterSquare's management team holds an average of 30 years of experience, with expertise across real assets and the liquidity spectrum  As of September 30, 2020, CenterSquare manages approximately $11 billion in assets on behalf of some of the world's most well-known institutional and private investors. For more information, visit www.centersquare.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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