May 12, 2020
Allakos Inc. committed to 98,133 square feet of pre-lease space at Alexandria Real Estate Equities’ The Alexandria District in San Carlos. The tenant plans to occupy one of two structures under development that total 526,178 square feet. ChemoCentryx Inc. previously took 96,000 square feet at the development, with an August move-in date planned.
The buildings are within the planned six-building, 1.6-million-square-foot biotech campus near Stanford, and located equidistant between San Francisco and San Jose. The development was designed to blend indoor and outdoor space, with such amenities as restaurants, a gym, conference center, collaborative workspaces and 3.5 acres of landscaped outdoor space.
The Redwood City-headquartered Biotech firm plans to move into the property at 825 Industrial Rd. in mid-2021. T3 Advisors represented Allakos.
*Image Courtesy of Alexandria Real Estate Equities, Inc.
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