TheraSense Doubles Alameda Facilities

ALAMEDA, CALIF. -
TheraSense of Alameda, Calif., is doubling its facilities with the lease of 64,000 sf of build-to-suit space adjacent to its existing building in Alameda. TheraSense will invest $3-million in tenant improvements for the facility, which will expand the sales and manufacturing capacity for TheraSense's diabetes blood-testing kits. TheraSense plans to add 50 employees to its current 400-person staff when the new space is completed in April of 2003.