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 Industry News Item Added on May 30, 2002


Ilex Oncology Aquires Cambridge Lab Space

CAMBRIDGE, MASS. -
San Antonio-based pharmaceutical company Ilex Oncology expected to close in late May 2002 on a lease of 32,000 sf of newly refurbished Cambridge lab space. Ilex, currently leasing a smaller Boston space, plans to relocate in late fall to the Cambridge facility. The new lab is located in a 128,000-sf, four-story office building converted for lab use being finished by property owner and developer The Beal Cos. of Boston.

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