Industry News

Louisburg College is initiating a $12-million renovation of its North Carolina residence halls. Nashville, Tenn.-based Athena Housing Partners will begin renovation of the first facility in August, 2003. Athena will fund the construction in exchange for the right to lease and operate the facilities, which were originally built in the 1950s and 1960s. Completion of the project, which will include the construction of one new residence hall and renovation of the three existing dorms, is slated for fall 2005.

Cleveland-based Quark Biotech will consolidate three offices in Pleasanton with a move to 20,000 sf in Fremont, Calif. The site is currently being renovated to house scientists engaged in drug development, including some drug discovery group employees developing microarrays that screen for possible drug targets. Occupancy is slated for August 2003.

BioMarin Pharmaceuticals will occupy 75,000 sf in two buildings at the Bel Marin Keys Park in Novato, Calif. BioMarin Pharmaceuticals already occupies five research and warehouse facilities at the park totalling approximately 158,000 sf.

EXP Pharmaceutical Services has leased 106,100 sf in Cal West Industrial Holdings’ Warm Springs Park in Fremont, Calif. The space includes over 90,000 sf of space for R&D and 15,000 sf for offices.    

Sutter Health will open a 60,000-sf clinic in San Rafael, Calif., by year-end 2003. The facility will house doctor’s offices, lab and radiology facilities, a pharmacy, occupational health services, and an urgent care center. Sutter is also bringing online four outpatient labs in Marin County at a cost of approximately $400,000 each. The labs are located in San Rafael, Larkspur, and Mill Valley.