Invitrogen Restructures 75,000-SF Lease

CARLSBAD, CA-Life sciences firm Invitrogen Corp. has renewed and restructured its lease on 75,160 sf of space at 5791 Van Allen, one of two buildings at its 405,000-sf campus here, according to Studley. Terms of the deal were not disclosed, but Tim Schramm, managing director at Studley’s Orange County office, comments that “significant tenant improvements” were needed at 5791 Van Allen to accommodate the transition from warehouse space to an administrative building for Invitrogen.

Schramm calls the 75,160-sf deal “the final piece in the puzzle which began last yearwhen we represented Invitrogen in the lease of its 330,000-sf headquarters.” Schramm was part of a Studley team including executive vice president Kelly Givens and corporate managing director Jeff Cannon from the Orange County office as well as Brian P. Ffrench, senior vice president and San Diego branch manager, who represented Invitrogen. The building’s landlord, Mararick LLC, was represented by Matt Strockis of Burnham Real Estate Services.

Invitrogen occupies three additional buildings close to its headquarters on Faraday Avenue. The company will begin a full transition to 5791 Van Allen Avenue over the next two quarters.