Rubi Laboratories, a California-based biotechnology company, recently leased 16,884 square feet at 1501 Harbor Bay Pkwy. within the Radius @ Harbor Bay campus in Alameda – a nearly 700,000-square-foot life science and innovation hub. Newmark managing director Conor Ranahan represented the ownership group of Paceline Investors and True North Management Group while executive managing director Daniel Pivnick and managing director Ari Rokeach represented Rubi Laboratories.
Ranahan commented on this transaction: “Paceline and True North remain invested in building out high quality customized lab spaces that are incredibly valuable to tenants; Rubi’s early engagement with the building allowed them to influence the design process so they could tailor their space for their research needs.” The Radius is situated within Harbor Bay’s growing life science cluster anchored by Abbott Laboratories, Exelixis and Penumbra.
