The Philadelphia Business Journal reported today that a biotechnology company named Exelixis Inc. is looking in the Conshohocken, Plymouth Meeting, and King of Prussia area for a location to establish a campus. The Alameda, California-based company is looking for a “built-to-suit” building with 175,000- to 200,000-square-feet to house several hundred employees.
From the article:
Referred to as Exelixis East by the company, Exelixis has a temporary base in 23,000 square feet at 640 Freedom Business Center Drive in King of Prussia that is scheduled to open in June. That space will accommodate an initial 135 to 140 employees. The company, which is led by CEO Michael Morrissey, anticipates using the Freedom Business Center space for two years.
In the meantime, Exelixis is exploring sites in the King of Prussia, Conshohocken and Plymouth Meeting areas for a new built-to-suit that it will eventually move into and possibly expand upon in the future. “Ultimately, it will really be a major campus for Exelixis,” said Vicki Goodman, executive vice president and chief medical officer at Exelixis.
You can read the full article here.
So what are the options locally? Two approved, but not built, plans for office buildings come to mind.
Equus has an office building plan approved for 400 Barr Harbor Drive in West Conshohocken.
In Plymouth Meeting, Brandywine Realty Trust has Metroplex II off Chemical Road.