Iron Stone Real Estate Partners, which recently acquired part of the former Hahnemann University Hospital complex, plans to offer one of the buildings as research and development laboratories for the Philadelphia region’s growing life sciences sector.
The Hahnemann structure Iron Stone selected for labs had housed Hahnemann’s in-house labs. That gives it an advantage over the many proposed conversions of offices to life-sciences labs in the city because it will be less expensive to get ready for a tenant, Jason Friedland, an Iron Stone partner, said this week.