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Lots of Takers for EmeryStation East

EMERYVILLE, CA-Approximately 80% of the 245,000-sf lab building has been spoken for by way of signed leases and LOIs, according to the listing broker.

By Brian K. Miller | Updated on September 18, 2007

EMERYVILLE, CA-Wareham Development’s 245,000-sf EmeryStation East laboratory building near the foot of the San Francisco Bay Bridge here is attracting a lot of interest. One of the listing brokers, Bill Nork of Cornish & Carey, tells GlobeSt.com that between leases and LOIs the two-month-old, four-story building is on the verge of being 80% leased.

Leases have been signed for 42% of the building and LOIs have been submitted for another 38% of the building. Nork says he is confident that the LOIs will turn into signed leases and that the building will be fully leased by the end of the year thanks to the building’s “proximity to the University [of California at Berkeley] and the fact that it is designed for lab users from the ground up.”

The glass-clad EmeryStation East building has 64,000-sf floor plates and a 20,000-sf garden with fountains and sculptures. Amenities include anti-vibration technology for the sensitive calibration needs in medical research, co-generation power systems for certainty of power supplies and the latest in security systems. Nork is marketing the property with C&C senior sales associate Jonathan Tomasco and C&C EVP Randy Scott.

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