3 Life Sciences Companies Make Long-Term Commitments to Chester County

Image via the Hankin Group.

As the pandemic-related business slumps abate, three life sciences companies made long-term commitments to the region. They’ve each signed leases for headquarters in Chester County, writes Natalie Kostelni for the Philadelphia Business Journal.

After exploring several options, Castle Creek Biosciences extended its lease for 10 more years on the 86,500 square feet at Eagleview Corporate Center in Exton. The property will receive $20 million in upgrades to the manufacturing and research space.

Nearby, Frontage Laboratories also signed a 10-year renewal on its headquarters at 700 Pennsylvania Drive in Eagleview. In addition to the 80,000-square-foot space, the company signed another 10-year-lease for 70,000 square feet in a nearby office park, where its landlord, Hankin Group, recently constructed new labs.

Meanwhile, XyloCor Therapeutics has signed a lease for a 3,800-square-foot space at 1550 Liberty Ridge in Chesterbrook. The property will serve as its first headquarters. Previously, the gene-therapy company, currently developing cardiovascular disease treatments, used temporary offices at Life Sciences Pennsylvania offices in Wayne. It has since outgrown that space.

Read more about the leasings in the Philadelphia Business Journal.

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