Nanotherapeutics

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Nanotherapeutics Closes Sale-Leaseback Financing with Senior Housing Properties Trust for the Company’s New Advanced Development and Manufacturing Facility in Alachua, FL

ALACHUA, Fla.--(BUSINESS WIRE)--Nanotherapeutics, an integrated biopharmaceutical company with a focus on advanced development and manufacturing, today announced the closing of a sale-leaseback transaction with Senior Housing Properties Trust, or SNH, for the company’s new Advanced Development and Manufacturing Facility in Alachua, FL. The transaction, under which Nanotherapeutics sold the property for $45 million and entered into a 15-year lease, provides the company with long term financing for the 183,000 square foot, state-of-the-art, multi-purpose-multi-product, Biosafety Level-3 capable facility.

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