The University of Pennsylvania has signed a lease on 150,000 square feet at Discovery Labs in King of Prussia and will use the space for its gene therapy program.
The space is in two buildings off Swedeland Road in what had been previously built and used by GlaxoSmithKline and later sold to a Radnor real estate company that is marketing the campus to life sciences and related tenants. Two floors of the space will be used to expand Penn Vector Core. Vectors are used to deliver gene therapies in patients with conditions resulting from missing or malfunctioning genes.
Led by gene therapy expert Dr. James M. Wilson, Penn’s gene therapy program has been responsible for breakthrough therapies for a variety of disorders. In early 2019, The National Institutes of Health renewed a five-year contract with Penn’s gene therapy program and was awarded $13 million to support the advancement of gene-therapy research at the clinic.
*Article Courtesy of Philadelphia Business Journal
For more information about King of Prussia office space for sale or lease in King of Prussia or about any other King of Prussia properties for sale or lease, please contact WCRE at 856-857-6300.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier King of Prussia commercial real estate broker that provides a full range of King of Prussia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other King of Prussia commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of King of Prussia commercial properties for lease or sale through our King of Prussia commercial real estate brokerage firm.