Home > About > Press Items > 2009 > Nektar moves its headquarters to SF Mission Bay
Nektar moves its headquarters to SF Mission Bay
Nektar moves its headquarters to SF Mission Bay
A San Carlo-based Nektar Therapeutics, Inc. will move its headquarters and 150 employees by August 1st next year to San Francisco. The company will take 102,283 square feet office building located across the street from UCSF's life science Mission Bay campus. Nektar's rent will be free for the first four years of the 10-years sublease deal and will bring saving in the amount of $15 million. Nektar also will invest $15 million in biology and chemistry lab equipment.
The Nektar's deal is the second-largest lease in San Francisco this year after another deal of taking 137,000 square feet in SF Mission Bay by Zynga.
According to Howard Robin, President and CEO of Nektar, the decision was fairly easy because Mission Bay was developed with intention to become the premier biotech center in the US.
SF Business News-10/2/2009
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- US jobless rate climbs to 9.8 in September
- Nektar moves its headquarters to SF Mission Bay
- San Francisco hotel rates tumble
- UCSF and other UC med centers revamp breast cancer study
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- Nobel Prize for Elizabeth Blackburn of UCSF
- Schwab closes landmark SF branch
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- Bay Area leads in neuroscience
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- Wells Fargo 3Q profit rises
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- CIRM awards $250M for stem cell research
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- GWallet raises $12.5M
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- Solazyme, Inc. gets 22M in stimulus
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