Industry News

The Center for Applied Genetic Technologies has opened its doors at the University of Georgia. The $28 million, 40,000-sf facility will accommodate animal and plant science researchers and includes a 20,000-sf biotech incubator, the Georgia BioBusiness Center.

San Francisco State University is expanding in the East Bay, leasing 29,676-sf for its Oakland Multimedia Center. The facility will host multimedia training classes in the evenings and will serve as a conference center by day.

Three-Dimensional Pharmaceuticals has relocated its corporate headquarters from Exton to 20,500-sf of office space in Lower Makefield, a site conveniently located between the firm's 40,000-sf research space in Exton and its newly-expanded 42,500-sf research facility in Cranbury, N.J. The biopharmaceutical company is also planning to convert 10,000 sf of its Exton site from office to laboratory space.

Norak Bioscience Inc. is planning to triple the size of its facilities inResearch Triangle Park. Currently leasing 3,000 sf in RTP's BD Technologies Incubator, Norak's relocation anticipates adding up to 25 new employees and occupying 9,000 sf. Norak creates screening tools for drug discovery.

Microsoft Corp., headquartered near Seattle in Redmond, has selected Chicago-based Jones Lang LaSalle to handle all new leases, terminations, and renewals for the software maker’s leased office space, which totals approximately eight million sf around the world. The contract to consolidate all leasing functions with Jones Lang LaSalle is expected to be worth $3- to $5-million annually to the real estate company. Microsoft’s headquarters and other space the company uses around Seattle are not included in the contract.