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  • CBRE Arranges Lease to Relocate Anpac Bio's U.S. HQ to Greater Philadelphia

CBRE Arranges Lease to Relocate Anpac Bio's U.S. HQ to Greater Philadelphia

Philadelphia, PA | October 21, 2019
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CBRE today announced that it has arranged a long-term lease to relocate Anpac Bio’s U.S. based operations from San Jose, California to Spring House Innovation Park in Lower Gwynedd, Montgomery County, Pennsylvania. Anpac Bio, an innovative biotech company that applies its proprietary technology to detect early signs of cancer, will occupy 6,724 sq. ft. at Spring House Innovation Park.   

CBRE Senior Vice President Tony Rossi, who leads the Life Sciences Group in the greater Philadelphia region, represented Anpac Bio during the lease negotiations. 

“Anpac is excited to move its U.S. headquarters to the Philadelphia region and join the vibrant life sciences community in Philadelphia,” said Rossi. “This build-to-suit laboratory space at Spring House Innovation Park will make for a premier facility and allow Anpac to meet all of its technical requirements.” 

“We are very excited to be moving forward with our U.S. corporate headquarters and laboratory in Pennsylvania. The state has a mature life sciences ecosystem and a supportive start-up environment that will allow our U.S. business to lay the foundation for future success”, stated Shaun Gong, Anpac’s U.S. President.

Spring House Innovation Park is a suburban Philadelphia multi-tenant research campus developed and owned by MRA Group. The 600,000 sq. ft. property offers move-in ready and build-to-sure laboratories, state-of-the-art research and development facilities, and Class A office and coworking space. 

Anpac Bio will be joining a list of notable tenants at the campus, including Jefferson Institute Bioprocessing, among others. Anpac is expected to move into its new headquarters in March of next year. 

Earlier this year, CBRE released its annual Life Sciences Report, which ranked Philadelphia a top 10 life sciences market in the nation. With 51,000 people working in the life sciences industry, Philadelphia is home to one of the top talent pools in the country, beating out both New York City and Los Angeles. 

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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