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New York & Tri-State  + Uptown/Bronx  + Healthcare  | 

Volastra Expands Mink Building Space by 40%

The Janus Property Company has signed a 40% lab expansion with Volastra Therapeutics at the Mink Building in West Harlem’s Manhattanville Factory District. Having moved from an incubator space at JLabs in Lower Manhattan into an 11,000-square-foot lab at the Mink Building in 2020, Volastra is expanding to more than 15,000 square feet. 

“Janus has been an excellent partner for our operational needs,” said Charles Hugh-Jones, M.D., CEO of Volastra. “Our lab facility, purpose-built by them, is first class.”

He added, “In addition to its functionality, this location in West Harlem has enabled us to attract the top talent we need as we advance our research and our clinical programs. As we continue to expand, we are pleased to partner with Janus, which allows us to focus on the science and its impact for patients.”

The tenant recently extended its original $12 million in seed financing to $44 million.

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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 also 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.

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