Real Estate Journal — Pennsylvania — November 8 - 21, 2019 — 13C
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P ennsylvania Anpac Bio will occupy 6,724 s/f at Spring House Innovation Park Rossi of CBRE arranges lease to relocate Anpac Bio’s US HQ to Greater Philadelphia
OWER GWYNEDD — CBRE has arranged a long-term lease to relocate Anpac Bio’s U.S. based operations from San Jose, Cali- fornia to Spring House Innova- tion Park in Lower Gwynedd, Montgomery County. Anpac Bio, an innovative biotech company that applies its pro- prietary technology to detect early signs of cancer, will oc- cupy 6,724 s/f at Spring House Innovation Park. CBRE senior vice president Tony Rossi , who leads the Life Sciences Group in the greater Philadelphia region, represented Anpac Bio during the lease negotiations. “Anpac is excited to move its U.S. headquarters to the Philadelphia region and join the vibrant life sciences com- munity in Philadelphia,” said Rossi. “This build-to-suit labo- ratory space at Spring House Innovation Park will make for a premier facility and allow An- pac to meet all of its technical requirements.” “We are very excited to be moving forward with our U.S. L Westrum celebrates grand opening of Phila. public space BREWERYTOWN, PA — WestrumDevelopment Com- pany (Westrum) , along with Mural Arts Philadelphia (MAP) and the Philadelphia Rede- velopment Authority (PRA) celebrate the official opening of the Plaza@31Brewerytown featuring FUTURE VALLEY. The evening started off with some celebratory comments from John Westrum , founder, and CEO of Westrum Develop- ment Company, Mural Arts Philadelphia and the Philadel- phia Redevelopment Authority, followed by a ribbon-cutting in front of the Plaza which is located at 1410-1430 N. 31st between Master and Jefferson Sts. in Philadelphia. Guests en- joyed drinks provided by Philly Yard Bar, catered food, live en- tertainment, a tour of the new site and a chance to meet David Guinn and Robert Good man, two visionaries behind the de- sign of Future Valley. Owned and maintained by Westrum, the 4000 s/f space i s an art ful ly de - signed public space integrat- ed into the campus of the HUB@31Brewerytown rental community.
corporate headquarters and laboratory in Pennsylvania. The state has a mature life sciences ecosystem and a sup- portive start-up environment that will allow our U.S. busi- ness to lay the foundation for future success”, stated Shaun Gong, Anpac’s U.S. President. Spring House Innovation Park is a suburban Philadel- phia multi-tenant research campus developed and owned by MRA Group. The 600,000 s/f property offers move-in ready and build-to-sure laboratories, state-of-the-art research and development facilities, and class A office and coworking
space. Anpac Bio will be joining a list of notable tenants at the campus, including Jefferson Institute Bioprocessing, among others. Anpac is expected to move into its new headquarters in March of next year. Earlier this year, CBRE re- leased its annual Life Sciences Report, which ranked Phila- delphia a top 10 life sciences market in the nation. With 51,000 people working in the life sciences industry, Phila- delphia is home to one of the top talent pools in the country, beating out both New York City and Los Angeles.
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