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New York & Tri-State  + Outer  + Healthcare  | 

Biotech Firm Relocates within Alexandria’s NYC Portfolio

RenBio, a privately held, preclinical biotechnology company, has signed a 7,508-square-foot office lease at Alexandria Center for Life Science – LIC in Long Island City, NY. The biotech company, which recently closed on a $24 million Series A financing round, will relocate its offices from the Alexandria Center for Life Science – NYC in Midtown South, more than doubling its footprint in the process.

The CBRE team of Joseph DeRosa, Chris Menard and John Isaacs exclusively represented RenBio in the lease negotiations with the ownership, Alexandria Real Estate Equities, Inc. This is RenBio’s third transaction/expansion that the CBRE team has arranged within Alexandria’s New York City portfolio. 

“We have helped RenBio grow within the Alexandria Center for Life Science – NYC over the past several years and this is another example of how ownership accommodates its tenants as they expand,” said Menard. 

Image courtesy of Fogarty Finger Architects.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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