SAN FRANCISCO-Illumina Inc. is said to have leased about 100,000 square feet in Mission Bay and it has plans to open a major research and development facility in the space.
The San Diego-based gene sequencing company will occupy 97,700 square feet at 499 Illinois St., half of a two-building development from Alexandria Real Estate Equities, according to the San Francisco Business Times.
The developer says it reached a 10-year deal with “a leading mid-cap life science company with an equity market capitalization of approximately $7 billion to $10 billion,” but did not identify the company. The Times said real estate industry sources named Illumina.
The company will occupy 45 percent of the 219,000-square-foot building.
Click San Francisco Business Times to read full story.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
