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Foxfield Acquires New Life Sciences Facility in Metro Raleigh Leased to Kryosphere
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Foxfield Acquires New Life Sciences Facility in Metro Raleigh Leased to Kryosphere
MORRISVILLE, N.C. — Foxfield has purchased 3503 Page Road, a newly built, 57,000-square-foot life sciences building located in Morrisville, about 14 miles west of Raleigh. The seller and sales price were not disclosed. Kryosphere, a biorepository solutions and cold chain logistics user, operates the facility under a 12-year net lease. The company has invested $5 million into the specialized build-out for pharmaceutical-grade cold storage infrast…
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