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BioMed Realty Lands $165M in Financing for Zymergen’s Emeryville HQ Facility

San Diego-based BioMed Realty secured $165 million in financing for 5300 Chiron Way in Emeryville, CA. The Class A life science building, which totals 303,509 rentable square feet, is located within BioMed Realty’s campus, known as the Emeryville Center of Innovation. NKF’s Ramsey Daya and Chris Moritz helped arrange the financing on behalf of the owner.

5300 Chiron Way, as part of a specialized hub for innovation, is 100% leased to Zymergen, science and material innovation company. The loan will allow BioMed Realty to invest capital to transform the asset into a specialized and innovative high-tech environment for Zymergen’s dynamic new headquarters location.

Daya says, “The property presented an opportunity to help fund the development of what is the beginning of one of the most ground-breaking urban infill life science campuses on the West Coast. The lender stood out in a competitive landscape and was able to execute efficiently in a challenging environment.”

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About Dennis Kaiser

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 including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing
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