Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Norak Biosciences to Expand in RTP
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 Awards Lease Management Contract
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.
UCSD Builds Cal-IT Research Facility
The University of California, San Diego (UCSD), has selected Gilbane Building Co. as construction manager/general contractor for a new $60-million research facility for the California Institute of Telecommunications and Information Technology called Cal-(IT)²—a partnership between UCSD and the University of California, Irvine. The 215,000-sf facility will consist of research neighborhoods, specialized labs, and administrative offices.
Amherst College Plans Student Housing
Amherst College has selected Shepley Bulfinch Richardson and Abbott of Boston to design two new freshman dormitories on the College campus. The new dorms will be sited where the existing James and Stearns residential halls are located. The College has also assigned the company the conversion of its Pratt Geology Museum to a residence hall.
Kaiser Permanente To Develop Antioch Campus
The City of Antioch has granted Kaiser Permanente approval to develop a new 6-building medical office campus in the summer of 2002. The facility is scheduled for completion in September 2003. The 78-acre complex could accommodate a hospital which, if approved, could begin construction in 2006. The campus will feature a $30 million, 60,500-sf medical outpatient center housing facilities for a staff of 300 and 38 physicians. Kaiser's existing building in Antioch is an outpatient medical office totalling 120,000 sf.