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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.
- ◦Lease
