Industry News

Altana AG, a Konstanz, Germany-based drug maker, opened its 25,000-sf Waltham, Mass., research offices in late January 2003. Part of a collaboration with Munich-based GPC Biotech, Altana has committed $120 million to develop its U.S. Genomics Research Institute in subleased space in GPC's 85,000-sf Waltham facility.

San Diego Unified School District's High Tech High School has purchased the 38,900-sf Building 49 at Liberty Station in Point Loma. Buildings 36, 37 and 51 will be acquired by summer of 2003, bringing the school's total square footage to 93,107. Located on the site of the former Naval Training Facility, High Tech High School, a public charter school, will occupy 22 of Liberty Station's 361 acres. The site redeveloper is Corky McMillin Cos. of National City.

Hisamitsu Pharmaceutical is developing 6,400 sf of office and manufacturing space in Carlsbad, Calif. The facility, designed by JKE Design and Associates and built by Biostruct, will also house relocated tissue culture, biology and chemistry labs.

Northside Hospital in Atlanta plans to begin construction on a five-story medical office facility in summer of 2003. The tower will be constructed atop an existing parking facility. Northside is also seeking state approval to build a $10.7-million, 1,000-car parking deck adjacent to its women's center. The hospital hopes to initiate construction on the nine-level parking deck in March 2003 and reach completion in early 2004.

The nonprofit Piedmont Hospital will relocate administrative operations including accounts payable, financial services, and materials management to 48,400 sf of leased space at the One and Two Paces West complex in Atlanta.