Allergan grabs 90,000 SF in North AustinAllergan grabs 90,000 SF in North Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=29202014-10-01T12:19:00Z2014-10-01T00:00:00Z

AUSTIN - Allergan Inc., the California-based pharmaceutical giant behind Botox and other treatments, has leased 90,000 sf at 301 Howard Lane in North Austin.

Allergan’s lease is in an existing 293,000-sf building that had been vacant and is surrounded by the 300-acre business park dubbed Parmer. CBRE, which represents Parmer developer Karlin Real Estate, changed the building’s name to Parmer 6.2.

The existing loading dock doors will be replaced with a glass facade to create a prominent corner entry that faces Center Ridge Dr.

The 90,000-sf lease represents a major expansion that bodes well for the life sciences and biotech industry in Austin, according to Mark Emerick of CBRE Group Inc.

Emerick said that expansion in that industry sector can be expected with the creation of the Dell Medical School at the University of Texas.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/10/pharmaceutical-giant-allergan-takes-90-000-square.htmlRead more at {Source}

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