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Amid biotech building boom, Genentech buys 4 structures with more deals to come

Published Thursday November 10


Photo: Bignewsnetwork

Genentech Incorporated bought 4 buildings it had been leasing ‘ including 2 parking structures ‘ on the biotech drug developer’s South San Francisco campus.

The structures totaling nearly a half-million square ft. of space were bought from a unit of biotech accurate estate developer HCP Incorporated . The 2 office buildings contain a variety of jobs, including research, office and administration while the parking garages have 1,184 spaces, remarked Genentech spokeswoman Reba Phillips.

Tags: South San Francisco
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