Historic growth in the biotechnology sector is driving a major land grab
in the nation’s biotech hub cities, and Taylor Consulting, Inc.
(OTCBB:TAYO) is seeking out promising new real estate acquisition
opportunities to capitalize on the movement.
A venture capital boom began funneling billions of dollars into life
science companies last year, with $8.6 billion invested across the
entire life sciences sector. Biotech funding alone jumped to $6 billion,
and the Nasdaq biotech index has tripled over the last three years. Now,
many experts say that the flood of capital appears poised to continue
well into 2015.
With companies large and small in the biotech sector looking to expand
their presence in health and science hubs such as Boston, San Francisco
and Houston, TAYO is working to add new assets to its portfolio that are
primed for redevelopment in the biotech industry.
“Biotech companies are growing so fast that they’re running out of room
in their preferred spots,” said TAYO CEO Scott Wheeler. “Vacancy rates
are at record lows, and rents have soared. Our company is looking to
make smart acquisitions that we can redevelop to ease the overcrowding
in the major biotech hot spots.”
Through its real estate division, Third Avenue Development, TAYO is
building an emerging portfolio of real estate assets for investment,
rehabilitation and resale. The company is focused on acquiring
properties in the country’s top-performing housing and real estate
markets in order to capitalize on the continued recovery and growth of
the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.
About Taylor Consulting Inc.
Taylor Consulting, Inc. (TAYO) recently created Third Avenue
Development, LLC as a new division whose primary goal is to invest in
promising real estate assets to compete alongside American Homes 4 Rent
(NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity
Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and
others.
Third Avenue Development, a premier hybrid real estate investment and
development company, is building an emerging portfolio of real estate
assets for investment, rehabilitation and resale. The company is focused
on acquiring properties in the country’s top-performing housing markets
in order to capitalize on the continued recovery and growth of the U.S.
real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.
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amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements that include the words “believes,”
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