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EmeryStation West lease with Novartis

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EMERYVILLE, Calif. - March 28, 2019 - eTradeWire -- Wareham Development announced that it has executed a lease for 78,000 square feet over several floors of the newly-constructed 265,000 square foot EmeryStation West laboratory/office/transit project at its EmeryStation research campus in Emeryville.

Novartis Institutes for Biomedical Research (NIBR), which is focused on the discovery and early development of definitive therapies for life-threatening diseases,  plans to move the Novartis Institute for Tropical Diseases and its global drug discovery teams focused on drugging "undruggable" targets in collaboration with the Novartis-Berkeley Center for Proteomics and Chemistry Technologies into a new 78,000 SF office and laboratory on the eighth and ninth floors at EmeryStation West later this year.

Switzerland-based company Novartis has had an Emeryville presence since it bought the Chiron Corporation, another long-term Wareham tenant, over a decade ago.

"Several divisions of Novartis have been domiciled in various Wareham properties over the years," says Wareham partner Geoffrey B. Sears.  "We are delighted to continue the relationship and welcome NIBR to EmeryStation West," he adds.

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Wareham Development was represented by the Kidder Mathews team of Timothy Mason, James Bennett and Eric Bluestein.  Novartis was represented by Newmark Knight Frank.

EmeryStation West

The world class addition to Wareham's highly-successful 2-million SF EmeryStation research and tech campus was designed to meet LEED Gold standards.  Its seven levels of laboratory and office space sit above a two-story transit center and 125-car parking podium.

The construction team, led by Perkins + Will, one of the preeminent firms specializing in the design of laboratories and office for the life science and tech sectors, included Nova Partners, DPR Construction, Rutherford + Chekene, and Interface Engineering.

The new East Bay/Transbay transit center at the street level will serve Amtrak's Capitol Corridor commuter route from Sacramento to San Jose.   Bus bays allow passengers to hop off the train and access last-mile transit options including AC Transit to the new San Francisco Transbay facility or elsewhere, to the free EmeryGoRound shuttle to BART and around Emeryville, or to taxis, limos, car, and bike shares.

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Wareham Development

In its 40th year, Wareham Development is one of the largest privately-held real estate development and property management companies in the Bay Area.  It has been in the forefront of the transformation of Emeryville and Berkeley into an international hub of headquarters for the research and tech sectors, most of whom reside in its EmeryStation and its Aquatic Park Center research and tech campuses.

Wareham's mixed-use, multi-tenanted research and tech campuses in Emeryville, Berkeley, Richmond, and Palo Alto award-winning architecture, spectacular landscaping, abundant tenant-friendly amenities, and superb property management—all hallmarks of Wareham projects.

Wareham tenants encompass the spark and promise of small companies on the verge of growth, and large corporations whose fortunes span the globe.

"We are proud of our associations with all of our tenants, and feel deeply privileged to play a role in their success," says Sears.

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Source: Wareham Development
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Filed Under: Biotech

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