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California   /   September 22, 2020

Dennis Kaiser
By: Dennis Kaiser

Perfect Day Deal Reflects Robust East Shore Life Sciences, Tech Markets Activity

Perfect Day signed a 112,000-square-foot deal at Wareham Development’s Aquatic Park Campus in Berkeley. The sublease by the animal-free dairy products company at 740 Heinz Ave. reflects the continued strong activity within the research sector, despite the shutdowns and economic disruption caused by COVID-19.

Wareham Development’s Geoffrey Sears says, “There’s no doubt that the shutdown due to the pandemic caused the business sector huge problems. Most of our tenants are in the research sector and as essential businesses have had staff working onsite because it’s hard to do science in your kitchen.”

The East Shore life sciences and tech markets have continued to experience leasing activity. Wareham alone has seen an additional 250,000 square feet of renewals and expansions at its Berkeley and Pt. Richmond campuses in recent months. That includes Lawrence Berkeley National Lab’s 85,000-square-foot renewal at 717 Potter St. in Berkeley; Pivot Bio’s 45,000-square-foot expansion at 2910 Seventh St.; and Memphis Meats’ 20,400-square-foot renewal at Aquatic Park Center.

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Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience.
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