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10/01/15
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Wareham Development has completed 740 Heinz, the first flexible, state of the art life science building to be constructed in Berkeley since 2001. The four-story, 110k sf building, located north of Ashby Ave on the east side of I-80/580, is LEED Gold-certified.
According to Wareham, the building has been fully leased by a single tenant, a Berkeley-based biotech company that they would not disclose. Other industry sources have said the tenant is Aduro Biotech Inc, who reportedly signed a 12-year lease that includes options enabling them to occupy the entire structure over a 1-1/2-year period from June 2016 through January 2018.
Wareham’s successful Aquatic Park Center, the 18-acre, 17-building urban research and development campus in West Berkeley, is already home to major life science companies Siemens Diagnostics, XOMA (US), Dynavax Technologies, CMC Biologics, Caribou Biosciences, and alternative energy company LightSail Energy. Public sector research entities such as the State of California Toxic Substances Control and the Life Sciences Division of Lawrence Berkeley National Laboratories are long-time tenants. Aquatic Park Center is also home to the QB3-East Bay Innovation Center, a public-private partnership research incubator offering wet-lab space to researchers and start-ups in the life and physical science as well as green tech sectors.
With outdoor terraces and a landscaped plaza which includes public artwork and pedestrian-oriented rest places, the development of 740 Heinz Avenue allows occupants to take advantage of the inner courtyard of the Aquatic Park Center, a popular pedestrian area that links businesses to the south and west of the park, the on-site child care facility and the popular cafés and restaurants within 800 Heinz Avenue and beyond.
740 Heinz was designed by DGA, one of California’s leading architects specializing in the design of laboratory facilities for the advancement of the life sciences. With the project situated in an area with both historic and contemporary buildings, the design of 740 Heinz Avenue provides an architectural bridge between the two.
The development team also included BNBT Builders, Nova Partners and Tipping-Mar and Associates. Timothy Mason, James Bennett and Eric Bluestein of Kidder Mathews represented Wareham Development in lease negotiations. Matt Elmquist of Cresa San Francisco represented the tenant.
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