Industry News

Kennedy Health System is building a 20,000-sf free-standing facility housing 24 hemodialysis stations in Voorhees, N.J. The building features a reverse osmosis water delivery system. Construction of the facility began in June and is slated for completion at the beginning of December 2002.

Seattle-based Washington Mutual will occupy 37,000-sf at EmeryTech in Emeryville, Calif. The bank will move its marketing department and some technology staff into the facility in November. The building will house employees from Santa Rosa, Oakland, and Chicago, where Washington Mutual will maintain its leased presence.

Malvern-based Centocor, a maker of cardiovascular and arthritis drugs, has leased 158,000 sf in the Radnor Technology Research Center. Centocor will utilize the two top floors of the five-story research building and the 44,000-sf basement vivarium. A condition of the lease was that previous tenant, Wyeth-Ayerst, decommission labs in which toxins had been used in research.

Madern USA, subsidiary of the Dutch rotary tool maker Madern, will build a 25,000-sf to 30,000-sf facility on six acres purchased in Apex, N.C.'s Pinnacle Park. The facility will house an expanded production line and enable the company to double its workforce over the next few years. As the Dutch company's sole plant outside the Netherlands, Madern USA is currently housed in 7,000 sf of leased space in Pinnacle Park. 

Santa Fe Springs-based furniture distributor Coaster Co. of America has signed a $6-million lease contract for 269,000-sf of warehouse space in Newark. Coaster, needing additional distribution and dock space as well as proximity to the Port of Oakland, will vacate its 125,000-sf San Leandro, Calif., facility by year-end.