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Genentech Opens The Gate

Biotech Giant Leases 3rd Floor Of Hine's 801 Gateway Blvd.
By Adam Jarrett
June 11, 2002 | 7:32 P.M.

Genentech leased the entire 3rd floor of Hines' recently constructed Gateway Tech Center 3 located at 801 Gateway Blvd. in South San Francisco. The biotech giant signed a 7-year deal for 28,500 square feet. It plans to use it as an off-campus telephone answering sales office housing around 100 employees. Genentech is scheduled to move into the 5-story, 136,000-square-foot office building in October 2002 and retains the rights to expand into an additional 14,000 square feet there. The property is currently 87 percent occupied with approximately 19,000 square feet of new space still available for lease on the 4th floor. Tom Hayes and Dave Lardner with BT Commercial Real Estate - NAI in Burlingame represented Genentech. Hines was represented in-house.

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IN THIS ARTICLE


  • Properties
    • Bldg 3

      801 Gateway Blvd, South San Francisco, CA