Wareham Development Leases Full Floor at EmeryStation Research Campus to CytomX Therapeutics

Oncology-focused pharmaceutical enterprise plans to move from Peninsula to EmeryStation West in Emeryville

EMERYVILLE, Calif.--(BUSINESS WIRE)--Wareham Development, a leading developer and owner of world class research campuses in Berkeley, Emeryville, and Richmond, today confirmed a full floor lease has been signed with CytomX Therapeutics at 5959 Horton Street (EmeryStation West), part of the EmeryStation Research Campus in Emeryville.

The full floor lease, totaling 35,584 square feet (s.f.), runs to 2029 and Wareham expects that CytomX will begin its move-in process in the second quarter.

“We’re delighted to provide CytomX with the space and opportunity to bring their team together in such a vibrant and supportive research environment,” said Geoffrey Sears of Wareham Development. “After nearly 50 years working closely with companies, we know few choose a campus simply for the square footage—they choose it for the people, the energy, and the sense of community it creates. This is something we’ve worked hard to cultivate in our campuses, and we believe this played a key role in their decision to choose EmeryStation.”

James Bennett, Charlie Moran, and Mike Raffetto of CBRE represented Wareham Development in lease negotiations. CytomX was represented by Paul McManus and Tucker Forbes of Colliers.

EmeryStation West is a world-class 265,000 s.f., 9-story research building that forms an integral part of Wareham Development’s EmeryStation Research Campus, a 2M s.f. transit and community-oriented campus surrounded by retail and lifestyle amenities and housing. The building is adjacent to the Emeryville Amtrak station, the closest Amtrak station to San Francisco and a key staffed station on the Capitol Corridor service from Sacramento to San Jose, and has easy vehicle access to I-80 and the Bay Bridge.

About Wareham Development

Since 1977, Wareham Development has been a leading developer, owner and manager of master-planned, multi-tenanted, life science and research campuses in Berkeley, Emeryville, Palo Alto, Richmond and Marin County. Wareham’s research and development campuses serve a tenant base ranging from international corporations, large institutions, growing companies, and start-ups with the spark of promise. As a truly community developer, Wareham has been giving back to the communities in which it develops and beyond for nearly 50 years. The company has also been recognized by the San Francisco Business Times as a philanthropic leader in the Bay Area business community. In the East Bay, STEM education is a major focus of its reinvestment in the community. For more information, go to www.warehamdevelopment.com.