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Biotech Firm Takes Nearly 100K SF at Alexandria District in San Carlos

Allakos Inc. committed to 98,133 square feet of pre-lease space at Alexandria Real Estate Equities’ The Alexandria District in San Carlos. The tenant plans to occupy one of two structures under development that total 526,178 square feet. ChemoCentryx Inc. previously took 96,000 square feet at the development, with an August move-in date planned.

The buildings are within the planned six-building, 1.6-million-square-foot biotech campus near Stanford, and located equidistant between San Francisco and San Jose. The development was designed to blend indoor and outdoor space, with such amenities as restaurants, a gym, conference center, collaborative workspaces and 3.5 acres of landscaped outdoor space.

The Redwood City-headquartered Biotech firm plans to move into the property at 825 Industrial Rd. in mid-2021. T3 Advisors represented Allakos.

*Image Courtesy of Alexandria Real Estate Equities, Inc.

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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.

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