Industry News

In the last year Wyeth-Lederle Vaccines and Pediatrics (a division of Wyeth-Ayerst Laboratories) has completed construction of a 115,000-sf manufacturing facility for new vaccine components, as well as new production, warehousing, administrative and central utilities buildings.

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.

CryoLife Inc. has completed the build-out of its 7,500-sf facility for the manufacture of BioGlue, a surgical adhesive being commercially rolled out in domestic and overseas markets. The manufacturing facility is located at CryoLife's headquarters and labs in suburban Atlanta.

Idec Pharmaceuticals is planning to build a new 1,800,000-sf manufacturing and research facility on 60 acres at the 400-acre Ocean Ranch Corporate Center. Groundbreaking for the multi-story buildings is slated for early 2001.

Saint Augustine's College in Raleigh is planning a new 5,000-seat outdoor track and field facility. The $5.4-million development is funded by a private grant of $750,000 with an equal amount from the Raleigh City Council, pending Council approval.