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June 10, 2024

New Haven office-turned-lab space property lands 3 new bioscience tenants

Contributed The Elm City Bioscience Center, 55 Church St., New Haven
By Hanna Snyder Gambini

Three bioscience companies have signed leases to operate out of the Elm City Bioscience Center in New Haven.

XingImaging LLC, Revalia Bio Inc., and General Biological Corp. announced this week they will occupy nearly 40,000 square feet of the 113,600-square-foot building at 55 Church St., joining other companies there, including Modifi Biosciences, Alphina Therapeutics, BioMed X, and Yale XR Pediatrics.

The building now has roughly 18,000 square feet of space available for lease, according to property owner The Hurley Group, which converted part of the property to lab space starting in 2021, amid heightened demand from the city’s growing bioscience industry. 

More than half the building is lab space, and the remainder is office and commercial space, said the Hurley Group’s Director of Real Estate Darlene Reilly. Reilly said the goal is to eventually convert the entire building into lab space when leases for office tenants expire.

XingImaging LLC, a Mitro company, is a developer of biomarker imaging and will use 24,000 square feet on three floors for its laboratory, clinic, and U.S. headquarters.

The company specializes in radiotracer production and clinical imaging research to evaluate and support the development, testing and advancement of treatments for neurodegenerative disorders, oncology, and other disease pathologies. 

Revalia Bio is a Yale spinoff trying to change how human clinical trials are done by using organs donated for research. It will use 8,000 square feet for organ donation research and technology development.

General Biological Corp. engineers and develops technologies to shift from traditional chemical manufacturing to sustainable bioproduction, and will occupy a 6,145-square-foot space for its research and development efforts.

The Elm City Bioscience Center includes lab suites for early- and middle-stage biotech companies graduating out of the area’s incubators, and other smaller spaces within a walking distance of Yale University, Yale New Haven Hospital, and other nearby lab buildings/facilities.

The Hurley Group is a real estate development and management firm that handles more than 1.5 million square feet of office, industrial, retail and mixed-use/residential properties in New Haven and Fairfield counties. 
 

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