April 6, 2016 Comments Off on Life Sciences Leader Expands into 316K SF i3 Campus Views: 427 California News, San Diego, West

Life Sciences Leader Expands into 316K SF i3 Campus

San Diego-based BioMed Realty signed a 10-year lease with Illumina Inc. at its i3 campus, a 316,000-square-foot development currently under construction in the University Towne Centre. The campus will serve as an expansion of the DNA R&D company’s nearby UTC HQ. Financial terms of the transaction weren’t disclosed.

BioMed says Illumina will occupy the the $189-million i3 campus in July 2017. The campus is located at 4775 Executive Dr. and is comprised of three 100,000-square-foot customizable buildings.

The biotech company is seeking to accommodate growing teams close to its headquarters. It marks the third major build-to-suit lease agreement BioMed’s completed with Illumina within the last 15 months, totaling 831,000 square feet.

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