PASADENA, Calif. , Nov. 21, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc.
(NYSE: ARE ), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative mega campuses in AAA life science innovation cluster locations, today announced that it executed a 10-year lease with Vaxcyte, Inc., a clinical-stage biopharmaceutical company working to protect humankind from the consequences of bacterial diseases, for a total of 258,581 RSF at 825 Industrial Road on the Alexandria Center ® for Life Science – San Carlos mega campus in the San Francisco Bay Area . The lease includes new space as well as an extension of the lease term for its existing space.
Vaxcyte has been an anchor tenant at the Alexandria Center for Life Science – San Carlos since it opened in 2021. The company's expansion on the highly differentiated mega campus with a long-term lease affirms the Alexandria Center as the flagship destination for life science innovation in the Mid-Peninsula region. The purpose-built mega campus features significant options for future growth in addition to best-in-class essential Labspace ® infrastructure in a compelling location, which offers convenient access to Highway 101 and walkability to Caltrain, boutique shops and restaurants, and is sought after by disruptive life science companies.
Alexandria has created and operates this award-winning mega campus with inspiring design and people-centered amenities, including cutting-edge con.
