Rochester, NY 8/12/2009 5:00:27 PM
Pre-Market - Pfizer Inc., PFE - Pfizer Mission Bay site soon to be used
Pfizer Inc.
Pfizer Inc., might soon fill the high-profile space the company abandoned in San Francisco’s Mission Bay biotech enclave.
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“They are looking to sublease, and we understand they may be very close to achieving their goal,” Alexandria Real Estate Equities Chairman and CEO Joel Marcus said during a conference call Thursday with analysts.
Pfizer has a 15-year lease for most of a 105,000 square feet along Third Street. It had planned to build out its Biotherapeutics and Bioinnovation Center — developing small biotech-like innovations — and move Rinat Neuroscience from South San Francisco.
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