‘Cheese’ Startup Nobell Foods Leases New Digs in South SF
Nobell Foods is a startup that creates plant-based dairy proteins, that in turn become “cheese” alternatives. Nobell is also expanding not only its business plan, but also its South San Francisco footprint, according to a news release.
Cushman & Wakefield announced Nobell Foods has leased 66,234 square feet of Class A office/life sciences space for its new headquarters in SSF.
Nobell Foods’ new headquarters is located in a newly constructed building at 700 Gateway Blvd. – a state-of-the-art campus development that will total 2.2 million square feet when fully built out. The property is owned and being developed over five phases by Biomed Realty Trust.
Cushman & Wakefield’s Marc Pope, Executive Director and Gary Boitano, Senior Director represented the tenant in the transaction. Scott Altick of Biomed Realty Trust self-represented ownership.
Nobell Foods creates key dairy proteins, including casein, from high-quality soybeans, enabling the brand to make cheeses that taste, smell, melt, stretch, and even age like those made from animals.
Being a startup means including its financials: In July 2021, the company announced it had raised $75 million Series B funding.