Nov 5 2012
Alexandria Real Estate Equities, Inc. (NYSE: ARE), the leading owner, operator, and developer of high-quality, sustainable real estate for the broad and diverse life science industry, will celebrate today the grand opening of Nautilus, a nearly fully leased, approximately 220,000 square-foot world-class life science campus located in the heart of the renowned Torrey Pines submarket.
The event will be attended by Alexandria and its client tenants, along with San Diego Mayor Jerry Sanders, celebrity chef Brian Malarkey, and Dr. David Webb of The Scripps Research Institute. At the event, Alexandria will announce an exclusive partnership with celebrity chef Brian Malarkey, who has created a proprietary restaurant brand, Green Acre café, for Nautilus and other select campuses throughout Alexandria’s leading asset base in San Diego.
Designed at the forefront of sustainability, collaboration, and innovation, Nautilus is nearly fully leased to high-quality client tenants including Novartis AG, Sequenom, Inc., The Scripps Research Institute, and Verenium Corporation. These diverse life science entities employ approximately 500 highly skilled scientists, researchers, academicians, managers and support personnel, who are developing novel, breakthrough products that will improve the environment, manage disease, save lives, and reduce the economic burden of disease on society.
Nautilus represents the latest addition to Alexandria’s approximately 2.8 million-square-foot San Diego asset base of world-class life science campuses and facilities. Leveraging its unique redevelopment expertise, Alexandria transformed Nautilus from a collection of underutilized buildings into a fully integrated, vibrant life science campus. Nautilus features state-of-the-art laboratory/office space and a variety of innovative ‘work-style’ environments that drive productivity and enhance livability for Alexandria’s client tenants including Green Acre café, which offers organic breakfast, lunch, and to-go options sourced directly from an onsite organic garden; a state-of-the-art fitness center with cutting-edge equipment; a comprehensive wellness initiative offering programs in personal training, group training, nutrition, and physical therapy; creative meeting and event spaces designed to foster convergence among San Diego’s life science community; and shared outdoor spaces featuring a common lawn, Ping Pong tables, and a barbeque. Together, these highly unique and creative offerings have positioned Nautilus as Torrey Pines’ newest destination for world-class life science entities to collaborate and innovate.
“Nautilus embodies what we call the Alexandria Experience,” said Daniel J. Ryan, Executive Vice President and Regional Market Director at Alexandria. “For Alexandria’s client tenants, we not only provide the ideal real estate solution, we provide a lifestyle. We are focused on helping the brightest scientific minds improve their productivity, their wellness, their recruitment and retention and, most importantly, accelerate the development of novel, breakthrough products that will improve the human condition.”
Nautilus is a highly sustainable facility which has been designed to achieve LEED® Gold Core and Shell certification as recognized by the U.S. Green Building Council (USGBC). Some of the facility’s sustainable features include two buildings projected to perform approximately 15 percent better than the national standard for energy efficiency; high-efficiency glazing and lighting systems, and a “cool roof” to reduce baseline energy consumption; significantly reduced water consumption both inside and outside of the buildings; a drought-tolerant plant palette in combination with a high-efficiency irrigation system that reduces water consumption outside the building by more than 50 percent; and fitness rooms and showering facilities providing client tenants with a place to refresh after walking or biking to work.
Founded in 1994, with its first assets located in the Torrey Pines submarket, Alexandria pioneered the Labspace® niche on the belief that life science entities are most successful when located in the nation’s top life science clusters, like Torrey Pines, adjacent to world-renowned academic and medical institutions, cutting-edge scientific and managerial talent, and sophisticated capital. Alexandria has remained steadfast in its cluster development model, earning a reputation as San Diego’s leading owner, operator, and developer of best-in-class life science facilities in the Torrey Pines, University Town Center (UTC), and Sorrento Valley submarkets. Alexandria currently has a leading collection of high-quality client tenants in San Diego including Bristol-Myers Squibb Company, Celgene Corporation, Eli Lilly and Company, Illumina, Inc., Novartis AG, and The Scripps Research Institute.