Sanofi-Aventis Leases More R&D Space in Cambridge

Sanofi-Aventis has entered into a long-term lease with BioMed Realty Trust in Cambridge, MA, to accommodate a significant expansion of its R&D facility. “This expansion coupled with the emerging innovative technology from the quality universities that surround us, will help Sanofi-Aventis to meet its R&D goals while operating in the very heart of this biotech hub,” said Porter McMillian, senior vice president, U.S. Science & Medical Affairs for SA.

The building is approximately 73,000 sq. ft., more than twice the space at the current facility. Occupancy is expected in the second quarter of 2007, following interior renovations. SA will be moving all of its employees from the current location at 26 Landsdowne Street into a larger facility at 270 Albany Street. Financial details of the agreement were not disclosed.