Eikon Therapeutics strikes lease offer to change headquarters from East Bay to Millbrae

MILLBRAE — Eikon Therapeutics has signed a lease that will help the biotech company to expand as perfectly as shift its headquarters to a modern tech and everyday living sciences campus in Millbrae.

The biotech company signed a lease for 285,000 square toes of business and laboratory area at the Alexandria Daily life Sciences Campus in Millbrae, Eikon reported Thursday. The intricate is located near the corner of Rollins Highway and Adrian Street.

“We are proud to increase our presence in the location,” said Roger Perlmutter, main executive officer with Eikon Therapeutics.

Eikon is moving its headquarters from Hayward to Millbrae, the business explained.

Likely 750 Eikon staff members could perform at the new Millbrae places of work, the corporation estimated.

Alexandria Authentic Estate, a Pasadena-based developer with quite a few main business office initiatives in the Bay Place, is acquiring a massive campus in Millbrae that would full 637,000 sq. ft.

“Eikon is in an interesting phase of progress that has benefited enormously from the numerous pool of talent throughout investigate, engineering, and technologies that exists in the Bay Space,” explained Alfred “Freddie” Bowie, main financial officer with Eikon Therapeutics.

Three business buildings and an facilities center are expected to be the main structures in the new tech campus, along with a parking garage.

The buildings are slated to include contemporary workplace areas as properly as sophisticated exploration and laboratory facilities. The intricate is scheduled to be accomplished by sometime in 2024.

The beneath-design tech campus is across the avenue from the Millbrae Transit Center. BART and Caltrain both serve the transit hub. This enables persons to obtain swift transit hyperlinks to major metropolitan areas these as San Jose, Oakland and San Francisco.

“This new campus with sturdy public transit access as perfectly as uniquely inspiring design and facilities will empower Eikon to recruit the very best expertise,” reported Terezia Nemeth, an government vice president and the Bay Spot regional marketplace manager for Alexandria Serious Estate.