BioMed Realty Trust has announced the lease expansion for 31,500ft² with Risk Management Solutions (RMS) at its Pacific Research Center in Newark, California, US.
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With the additional expansion, the occupancy of RMS now increases to around 134,000ft² until 31 December 2020.
BioMed Realty chairman and chief executive officer Alan Gold said, "With over 400,000 square feet leased in the past 15 months, PRC is a vibrant, amenity-rich campus in close proximity to the life science and high-tech markets in the San Francisco Bay Area that continues to attract a broad array of high-quality tenants."
The Pacific Research Center campus consists of Pacific Research Center North, Pacific Research Center South and Pacific Industrial Center.