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Agreements

Date: 2015-06-25

Type of information: Opening of new premises

Compound:

Company: Illumina (USA - CA)

Therapeutic area: Technology - Services

Type agreement:

opening of new premises

Action mechanism:

Disease:

Details:

* On June 25, 2015, BioMed Realty Trust announced that Illumina, a leader in genomics focused on improving human health by unlocking the power of the genome, has signed a 20-year lease for a 155,000 square foot new and innovative scientific research building in Cambridge, England.This new state-of-the-art building to be located in scientific research park, Granta Park, will serve as Illumina\'s new european headquarters

The project will provide Illumina a collaborative environment and access to the highly skilled workforce in the dynamic research cluster anchored by Cambridge University. The project advances state-of-the-art design, with plans to be able to seamlessly expand by 70,000 square feet into a 225,000 square foot building. BioMed Realty acquired the land for the project from The Welding Institute under a long term ground lease, enlarging BioMed Realty\'s Granta Park campus in Cambridge, England. 

BioMed Realty owns, manages and operates Granta Park, a scientific research center, located eight miles from Cambridge University and currently comprising 472,200 square feet of laboratory and office space. Last year, the company acquired a 42,400 square foot build-to-suit property in development for Takeda Pharmaceutical Company in the Cambridge Science Park. With today\'s announcement of Illumina\'s new building, BioMed Realty\'s presence in the Cambridge, England market is approaching 700,000 square feet.

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