Rental rates in the area average $7.50 per sf. Besides the leaseexpense, Apyron is investing another $1 million in office buildoutrenovations and equipment, a company spokesperson tellsGlobeSt.com. The firm, which has been at its current location since1999, is in the midst of rapid expansion, according to chairman andCEO Rom Papadopoulos.
The new space, expected to be ready by the end of the month,will house the company's research facilities for anti-microbialtechnologies and bio-technologies with lab support facilities. Alsogoing into the new space will be process and manufacturingequipment for the firm's chromatography division, ScientificAdsorbents Inc.; more lab space for the R&D team; and 15 to 20offices for sales and marketing. Apyron is a Greek term meaninginfinite or unbounded.
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