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Industry News

Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.

DreamWorks Consolidates in Redwood City

Published 6/6/2002

DreamWorks has relocated its animation offices into 120,000 sf at Pacific Shores Center in Redwood City, Calif. The computer animation division, which is based in Palo Alto and employs 300 workers in three sites, will also be consolidated into the Redwood City facilities.

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Morphotek Occupies Exton Facility

Published 6/6/2002

Morphotek, the first biotech company to graduate from the Port of Technology incubator in West Philadelphia, will occupy a 41,000-sf facility in Exton. Previously located in 2,000 sf in the University City Science Center's Port of Technology building, the genomics-based life sciences company's agricultural technologies require land on which to grow crops. At present, 20,000-sf of the new Chester County headquarters are ready, and Morphotek plans to outfit the remainder for small-scale manufacturing over the next year.  Expansion at the new site

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Genzyme Expands, Consolidates with Westborough Lease

Published 6/6/2002

Cambridge-based biotech Genzyme will consolidate several area facilities with the lease of 85,800 sf in Westborough. Space allocation in the building, owned by EMC Corp., will be 25% lab and 75% office. The facility will house the Genzyme Genetics division relocated from Framingham. Genzyme's relocation represents pure growth, as other Genzyme operations will be housed in the vacated space.

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Southwest Business Corp Plans Service Consolidation

Published 6/5/2002

Southwest Business Corp. plans to consolidate its services at a new 100,000-sf headquarters on a 3.7-acre site in North Central San Antonio. Groundbreaking for the $12 to $14-million building plus 4.5-story parking structure is planned for 2003, with occupancy anticipated in 2005. The company provides insurance and financial services.

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