Haystack Oncology Signs Lease for 20,000 SF of Space at City Garage and Plans to Relocate Workforce by Spring 2023
MacKenzie Commercial Real Estate Services brokers lease with biotechnology company
Biotechnology company Haystack Oncology, Inc. has signed a lease with South Duvall for 20,000 square feet of space within the City Garage Science & Technology Center and plans to relocate its workforce to South Baltimore by Summer2023. The 135,000 square foot building, located at 101 W. Dickman Street, is part of Baltimore Peninsula, a mixed-use community currently under development that will support more than 14 million square feet of commercial office, retail and residential space. Haystack Oncologywill move from their current facilities located in the Remington section of Baltimore City. Mark Deering, Partner, MacKenzie Commercial Real Estate Services, represented the tenant and Nate Crowe of Scheer Partners represented the landlord in this transaction.
The mission of Haystack Oncology is to provide best-in-class personalized cancer diagnostics to patients and improve outcomes for those who may benefit from proactive clinical interventions. The company’s technology is based on more than 20 years of liquid biopsy research and clinical development pioneered by cancer genomicists responsible for the development of early cancer screening tests.
The new space at City Garage will feature an open office design as well as specialized clinical diagnostic, research and sample processing labs. Sophisticated mechanical and electrical systems will be configured within the space to support the unique energy and HVAC requirements of the clinical-grade medical testing performed at the company.
“We’re looking forward to building out a state-of-the-art clinical laboratory at City Garage to support the innovations in precision medicine that Haystack Oncology is delivering to the clinic,” said Dan Edelstein, CEO and President of Haystack Oncology. “Accessibility to the extraordinary life science expertise in the Baltimore region makes the location particularly attractive.”
“City Garage is a recognized destination for research and development and life sciences companies, so with this move, Haystack Oncology will be situated in a high-energy environment with like-minded organizations,” stated Mark Deering of MacKenzie Commercial Real Estate Services. “The project features lab-ready infrastructure, convenient access off Interstate 95 and an entrepreneurial atmosphere that will serve as an amenity to attract new talent to the company.”
MacKenzie Commercial Real Estate Services is the real estate brokerage arm, and MacKenzie Contracting Company is the general contracting division of The MacKenzie Companies, which operates six full-service divisions addressing all real estate asset classes including MacKenzie Management Company, LLC, MacKenzie Capital, LLC, MacKenzie Investment Group and Datastory Consulting. The company provides customized real estate solutions for institutional owners, investors, private companies and individuals. For additional information, visit www.mackenziecommercial.com