Tarlton Properties Announces 31K SF Lease By Personalis At Menlo Business Park
MENLO PARK, Calif. (Feb. 24, 2015) – Tarlton Properties, Inc. (TPI), a commercial property development and asset manager, announced today that Personalis Inc., a leading genomics-based clinical diagnostic laboratory, has signed a 66-month lease for more than 31,000 square feet at Menlo Business Park in Menlo Park, Calif. Personalis will occupy the entire building at 1330 O’Brien Dr. and the second floor at 1360 O’Brien Dr.
Personalis provides researchers and clinicians accurate DNA sequencing and interpretation of human exomes and genomes. The company operates a CLIA Licensed and CAP Accredited diagnostic laboratory and provides advanced research services for inherited disease and cancer. Personalis recently completed a $33 million Series C financing round. Lightspeed Venture Partners led the round, bringing the company’s total venture capital raised to date to $75 million.
“We are excited to be in a position where our company’s business and funding have both increased significantly,” said John West, chief executive officer of Personalis Inc. “Our new facility in Menlo Park enables to expand both our office and laboratory space, while meeting our quality requirements and plans for continued growth.”
“Personalis is a strong leader in the growing life sciences community and, as such, we are proud they are thriving in our biotech and life sciences campus in Menlo Park,” said John Tarlton, president and CEO of Tarlton Properties.
The Personalis lease comes on the heels of an 18,000-square-foot long-term lease and expansion by Intersect ENT, another growing life sciences company, at 1555 Adams Drive in Menlo Business Park.
About Tarlton Properties
Tarlton Properties, Inc., (TPI) founded in 1980 and headquartered in Menlo Park, Calif., provides commercial property development, redevelopment, construction management, and management services, as well as innovative and creative investment opportunities in select properties. TPI’s full development capabilities are illustrated by its largest project, the award-winning, 50-acre, 900,000-square-foot Menlo Business Park. TPI has developed and redeveloped approximately 4.5 million square feet in the area, both as a principal and for other owners, including 1.5 million square feet of REO properties for institutional clients. For detailed information, visit: www.tarlton.com
About Personalis, Inc.
Personalis, Inc. provides researchers and clinicians advanced genome-scale sequencing and interpretation services for inherited genetic disease and cancer. The company’s clinical laboratory is CLIA licensed and CAP accredited. For more information please visit www.personalis.com.
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Personalis provides researchers and clinicians accurate DNA sequencing and interpretation of human exomes and genomes. The company operates a CLIA Licensed and CAP Accredited diagnostic laboratory and provides advanced research services for inherited disease and cancer. Personalis recently completed a $33 million Series C financing round. Lightspeed Venture Partners led the round, bringing the company’s total venture capital raised to date to $75 million.
“We are excited to be in a position where our company’s business and funding have both increased significantly,” said John West, chief executive officer of Personalis Inc. “Our new facility in Menlo Park enables to expand both our office and laboratory space, while meeting our quality requirements and plans for continued growth.”
“Personalis is a strong leader in the growing life sciences community and, as such, we are proud they are thriving in our biotech and life sciences campus in Menlo Park,” said John Tarlton, president and CEO of Tarlton Properties.
The Personalis lease comes on the heels of an 18,000-square-foot long-term lease and expansion by Intersect ENT, another growing life sciences company, at 1555 Adams Drive in Menlo Business Park.
About Tarlton Properties
Tarlton Properties, Inc., (TPI) founded in 1980 and headquartered in Menlo Park, Calif., provides commercial property development, redevelopment, construction management, and management services, as well as innovative and creative investment opportunities in select properties. TPI’s full development capabilities are illustrated by its largest project, the award-winning, 50-acre, 900,000-square-foot Menlo Business Park. TPI has developed and redeveloped approximately 4.5 million square feet in the area, both as a principal and for other owners, including 1.5 million square feet of REO properties for institutional clients. For detailed information, visit: www.tarlton.com
About Personalis, Inc.
Personalis, Inc. provides researchers and clinicians advanced genome-scale sequencing and interpretation services for inherited genetic disease and cancer. The company’s clinical laboratory is CLIA licensed and CAP accredited. For more information please visit www.personalis.com.
Help employers find you! Check out all the jobs and post your resume.