HERCULES, CA-In an effort to attract biotech companies to the area, the City of Hercules is negotiating with developers to establish small biotechnology incubators in Hercules and San Pablo.

In Hercules, the city says it is negotiating with Bay to Bay Properties LLC, headed by Michael Zwick. The LLC was set up to find space for Investigen Inc., an Alameda-based life sciences testing company.

Investigen plans to move into 9,000-sf of space in a 27,500-sf building at 750 Alfred Noble Dr. in Hercules’ North Shore Business Park. Bay to Bay is setting up a deal with the city to lease 14,000-sf in the same building for a biotechnology incubator.

The city is also negotiating with Venture One Corp., which also holds property in the North Shore Business Park. The details of this deal have not been worked out yet. Hercules officials are also looking into building on a plot of land already owned by the city in the park.

According to the city, the majority of companies graduating from incubators remain in the community. Therefore, the city feels it is in its best interest to transform vacant office space into special biotech facilities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 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.


GlobeSt. NET LEASE Fall 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.