Merck has signed at 15-year 294,000+/- square foot lease in South San Francisco’s West Coast R&D Center, as reported by The San Francisco Business Times. Merck could take occupancy as early as 2019, and paid what is estimated to be $57+/- per square foot for the building, according to the article.
![Aerial Overview of 213 E. Grand Ave: Future site of Merck's 9-story R&D building](https://calcosf.com/wp-content/uploads/2016/12/213-E-Grand.jpg)
Aerial Overview of 213 E. Grand Ave: Future site of Merck’s 9-story R&D building
The South San Francisco’ location leased by Merck neighbors Rinat Neuroscience Corporation, Genentech, Alphabet Inc and Verily. AstraZeneca also