theLAB Berkeley

2222 – 2245 5th Street
& 2229 – 2233 4th Street
Berkeley, CA 94710

Where

Science

Takes

Shape

Property Highlights

Team

Links

Property Size

278,071 sq ft

Partner

Walton Street

Location

Berkeley, CA

Type

Life Science

Acquisition Date

Jan 12, 2021

All In Cost

240,700,005

Property Management

Intro

Located on two adjacent blocks on 4th & 5th Streets between Allston Way & Bancroft Way, theLAB Berkeley will undergo a multi-phase major rehab to develop a Class A “creative” life science campus through a combination of a transformative renovation of four existing industrial buildings plus a new ground up development building.

An amalgamation of past and future

The project presents a campus that’s as inviting as it is elemental. With cutting-edge amenities and blank-slate lab spaces, there is ample room to discover and break boundaries.

TheLAB Berkeley has been designed to meet company’s needs and to keep your life in balance. With indoor-outdoor space, a boutique gym, and frequent food trucks, the space will make you feel your best so you can do your best work. Live through discovery!

  1. AmphitheaterLAB, a place to listen. Learn, and be entertained. Whether holding a lecture, hosting a concert, or just meeting up to discuss ideas big and small.

  2. PresentationLAB, this space has all of the room and AV resources you need to have impactful presentations and productive meetings

  3. FitnessLAB, state-of-the art boutique gym with dedicated yoga area, locker rooms complete with private showers

Surrounded by a variety of prominent life science and biotech employers

Phase 1

East Block consists of three vacant industrial buildings totaling 87,159 SF ready to be transformed into a blend of creative office, light manufacturing and life science including labs featuring exposed bow-truss ceilings and an expansive indoor-outdoor private mezzanine overlooking the San Francisco Bay along with stunning elements and amenities including an AmphitheaterLAB, PresentationLAB, FitnessLAB, outdoor CollaborativeLAB and second floor RoofdeckLABs. In addition, we plan to demo three structures to create a 415-stall parking structure to serve the entire campus. Anticipated completion of Phase I is Q3 2021.

  1. Breezeway, the main artery of the campus; a communal space to eat, work or just relax

  2. Centrally located, just three blocks from high-end boutique retail and dining on Berkeley’s 4th, less than a mile from UC Berkeley Campus

  3. FitnessLAB, state-of-the art boutique gym with dedicated yoga area, locker rooms complete with private showers

Phase 2

Phase II – West Block is anticipated to commence Q2 2022 including the transformation of Building 4, to 32,000 SF of creative life science use and a new 3-story 159,000 SF life science building with an adjacent surface parking lot.

  1. Close proximity to I-80 for easy access to San Francisco and Oakland. Additionally, the project is located three blocks from an Amtrak station, with lines to Oakland, San Jose, and Sacramento.

  2. Located two blocks south of several new large-scale mixed-use developments, including 395 new multifamily units.

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