Industry News

A.C. Moore Arts and Crafts is planning to build a 700,000-sf headquarters and distribution facility in Winslow Township, Pa. The building will consolidate operations from the retailer's 250,000-sf former headquarters in the Blackwood area of Gloucester Township and 300,000 sf in Barrington. The facility will include 30,000- f of office space.

Altana AG, a Konstanz, Germany-based drug maker, opened its 25,000-sf Waltham, Mass., research offices in late January 2003. Part of a collaboration with Munich-based GPC Biotech, Altana has committed $120 million to develop its U.S. Genomics Research Institute in subleased space in GPC's 85,000-sf Waltham facility.

San Diego Unified School District's High Tech High School has purchased the 38,900-sf Building 49 at Liberty Station in Point Loma. Buildings 36, 37 and 51 will be acquired by summer of 2003, bringing the school's total square footage to 93,107. Located on the site of the former Naval Training Facility, High Tech High School, a public charter school, will occupy 22 of Liberty Station's 361 acres. The site redeveloper is Corky McMillin Cos. of National City.

Hisamitsu Pharmaceutical is developing 6,400 sf of office and manufacturing space in Carlsbad, Calif. The facility, designed by JKE Design and Associates and built by Biostruct, will also house relocated tissue culture, biology and chemistry labs.

PPD, a Wilmington-based pharmaceutical and biotech discovery and development firm, has leased an additional 25,000-sf in Morrisville. PPD currently occupies four buildings totaling 283,000-sf at its expanding Triangle campus.