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3/23/22
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Nobell Foods, a startup that specializes in making delicious cheese from plant-derived dairy proteins, has leased 66.2k sf of Class A office/life sciences space for its new headquarters in South San Francisco. Relocating and expanding its headquarters from a nearby location, Nobell Foods’ new headquarters is located in a newly constructed building at 700 Gateway Blvd.
The property has been deemed Phase III of Gateway of Pacific, a brand new, state-of-the-art campus development that will total 2.2 msf when fully built out. The property is owned and being developed over five phases by Biomed Realty Trust.
700 Gateway is located at the entrance to South San Francisco at a prominent intersection to its life science cluster. Providing identity from US-101 freeway, the location is convenient to Caltrain, BART, Bay Ferry, SFO Airport, US-101, I-380 & I-280.
Cushman & Wakefield’s Marc Pope and Gary Boitano represented the tenant in the transaction. Scott Altick of Biomed Realty Trust self-represented ownership.
Founded and led by Magi Richani, Nobell Foods creates key dairy proteins, including casein, from high-quality soybeans, enabling the brand to make cheeses that taste, smell, melt, stretch, and even age like those made from animals, and challenging the way we talk about, think about, and eat cheese. In July 2021, the company announced it had raised $75 million Series B funding.
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