WuXi AppTec Getting Third Build-to-Suit Lab at Philadelphia Navy Yard

Rendering of 400 Rouse Boulevard, Philadelphia, PA

PHILADELPHIA, PA—Liberty Property Trust and Synterra Partners will begin construction early next month on a 95,000 square foot build-­‐to-­‐suit office and laboratory building for WuXi AppTec’s Advanced Therapies Business Unit at the Navy Yard. The new facility, at 400 Rouse Boulevard, designed to achieve LEED® certification, will be WuXi ATU’s fourth building at the Navy Yard and the third build-­‐to-­‐suit developed by Liberty for the company. When the new building is completed in late 2019, WuXi ATU will become Liberty’s largest tenant in the campus, occupying more than 380,000 square feet of space.

“WuXi was one of the first companies to locate to the Navy Yard more than fourteen years ago and throughout that time, our strong partnership will have produced four cutting-­‐edge facilities,” says Brian Cohen, vice president and market officer for Liberty Property Trust. “Their continued success has helped to pave the way for creating one of the most highly concentrated clusters of privately leased life science space in Philadelphia. With their fourth building soon to be underway, WuXi ATU’s growth offers an excellent example of the Navy Yard’s appeal to leading-­‐edge companies and its unique ability to attract and retain knowledgeable workers as well as accommodate long-­‐term business expansion.”