Maxim Pharmaceuticals, which is developing a new generation of drugs, therapies and vaccines for cancer, infectious diseases and topical disorders, signed a five-year lease for 5,174 sf at 8899 University Center Lane.
Total consideration for the lease was $1.05 million. The office building is within walking distance of the Hyatt Regency Hotel and the UTC Mall.
In January 1999, SPP Real Estate purchased the building from British Pacific Properties for $18.3 million.Steve Holland of CB Richard Ellis and Neil Fox of Phase 3 Properties represented Maxim Pharmaceuticals, while Steve Wolf of Burnham Real Estate Service represented SPP Real Estate in the transaction.
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