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Alexandria Real Estate leases property in SF Bay Area to Cargo Therapeutics

Alexandria Real Estate has executed a long-term lease with CARGO Therapeutics for 99,557 RSF at 835 Industrial Road on the Alexandria Center for Life Science – San Carlos mega campus in the San Francisco Bay Area. CARGO anticipates occupying the mission-critical life science space in early 2024. CARGO, which raised approximately $291M in its IPO in November 2023, is a clinical-stage biotechnology company focused on advancing its platform technologies and a pipeline of potentially curative, next-generation cell therapies that could lead to better outcomes for cancer patients.

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