THANK YOU FOR SUBSCRIBING
Pharma Tech Outlook | Friday, July 29, 2022
A speculative Bay area project is expected to be built up to 390,0000-square-foot of life sciences space.
FREMONT, CA: “Vacaville is a biomanufacturing leader in the U.S., making this area incredibly attractive to companies looking for modern facilities in a region with a critical shortage of available life sciences space,” said Fred Knapp, Managing Partner, Transwestern Ventures. “Some of the world’s leading life sciences firms have come to Vacaville to capitalize on the synergies created by a combination of extraordinary talent, relative affordability, and the city’s strong economic and demographic trends.”
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Transwestern Ventures (TWV) and the City of Vacaville collaboratively reveal plans to create a 390,000-square-foot biomanufacturing facility on 22.4 acres in Vaca Valley Business Park located at the intersection of I-80 and I-505 in Vacaville, California. A total of 233,888 square feet will be built in Phase 1, and 158,316 square feet will make in Phase 2.
The Vaca Valley Business Park is home to companies like Agenus, Kaiser Permanente, Genentech, and Polaris. TWV purchased the site in an off-market transaction sourced by Transwestern Real Estate Services (TRS). It is located along the main thoroughfare that connects the state capital with the Bay Area. Located near San Francisco, Sacramento, and the Berkeley and Davis campuses of the University of California, it has access to top talent in the life sciences and advanced manufacturing. As well as offering two biomanufacturing baccalaureate programs, Solano Community College's Vacaville campus sets itself apart from other schools. Additionally, the California Biomanufacturing Center Inc. is located in Vacaville.
“Vacaville works hard to appeal to both businesses and residents, and we are extremely proud of our reputation as a growing biomanufacturing corridor,” said Ron Rowlett, Mayor of the City of Vacaville. “Our city is uniquely positioned to offer life sciences firms both superior space in newly developed facilities and the quality of life a young, talented workforce expects. We are delighted to collaborate with Transwestern Ventures to bring its vision to life.”
As managing director of TRS Life Sciences, Ken Meyersieck will oversee leasing for the new campus, which will meet a wide range of occupier needs, including biomanufacturing and research and development.
More in News