DALLAS – A 135,000-sf laboratory complex is in development at Pegasus Park after receiving funding.
Bridge Labs will begin converting an existing building into lab speculative suites and centralized lab services. They will also build a new building that will open in late 2024.
Oklahoma-based InterBank provided a five-year, $61.3 million construction loan. New York-based Nuveen Green Capital also funded the project with JLL Capital Markets arranging the financing.
The 26-acre Pegasus Park life sciences campus was developed by J. Small Investments and an affiliate of Lyda Hill Philanthropies and Montgomery Street Partners.