Industry News

Software giant Macromedia will locate its corporate headquarters in three recently purchased San Francisco buildings. Included in the acquisition is the historic 210,000-sf Baker-Hamilton building, a 54,000-sf office building, and a 440-car parking garage.  

Delaware Investments has completed the 380,000-sf fit-out of its new headquarters at One and Two Commerce Square in Philadelphia. The facility features a 22,000-sf corporate training center, a two-story glass enclosed Investor Center, a 105-seat auditorium, and a 13,000-sf computer server room. The facilities feature an open floor plan with few private offices. The project architect was Ewing Cole Cherry Brott of Philadelphia.

Ambulatory Surgery Centers of America is developing the Rockwall Surgery Center, a 9,000-sf freestanding outpatient surgery center sited on 1.2 acres in Rockwall, Texas. Construction will begin in September 2003 on the $5-million facility which will open in March 2004. The facility will house three operating rooms and will provide orthopedic, general surgery, gynecology, colon and rectal, colonoscopy, ear-nose-throat, podiatry, and pain management services. Ambulatory Surgery Centers, a physician-owned company headquartered in Norwell, Mass., will manage the new facility.

Mid-Pacific Institute, a college preparatory school in Honolulu, opened its new technology complex and plaza in August 2003. The three-building, 39,000-sf complex houses 14 math and science classrooms, a biotechnology lab, a distance learning center, a digital video studio, meeting rooms with video conferencing capabilities, and zones for robotics, computational sciences, engineering, and design.

Alexandria Real Estate Equities, based in Pasadena, Calif., is planning to construct a $25-million biotech facility at its Seattle Life Sciences complex. The $25-million, 129,000-sf research and development project will replace the 55,000-sf Eklind Hall, the oldest building in the complex. The 10-story building will include five levels of underground parking. Additionally, Alexandria recently spent $35-million to purchase biotech incubator Accelerator Corp.’s Seattle facility. The building is currently under construction with completion expected in October 2003.