Binswanger Named Exclusive Agent for Office, R&D, and Lab Facility in Huntsville, Alabama

ATLANTA, GA--(Marketwire - Jun 7, 2012) - Binswanger has been named exclusive agent by Nektar Therapeutics for the sale of a state-of-the-art, single-story 51,105 sq. ft., analytical laboratory, research & development, and small batch production facility on 7.35 acres located in the Cummings Research Park, the premier industrial and business location in Huntsville, Alabama.

Constructed in 2000, this excellent facility features 15,300 sq. ft. of management and staff area including 48 private offices, two large conference /presentation rooms, reception, and support areas. The 36,000 sq. ft. R&D and laboratory portion of the building consists of receiving and shipping areas off a common dock, an electrical switchgear room, two mechanical rooms, chemical storage rooms with explosion-proof lighting and spill containment, DI water production room, 2011 walk in cooler at -24°C, ten individual laboratories, ten production control or QC rooms, support, cleaning and supply areas, technical offices, and work areas.

Most labs are equipped with snorkel exhaust systems or individual work area exhaust hoods. In addition, there are work counters and support piping for inert gas, pure water, vacuum, and compressed air also throughout most of the laboratories. 36,000 sq. ft. of individual labs, production, QC rooms, and 100% HVAC with outside air make up for the technical areas.

The building features reinforced concrete floors; insulated pre-cast concrete panel walls; ballasted EPDM on rigid insulation over steel deck roof; all utilities; 100% wet sprinkler system; fluorescent lighting; and paved, lined, and lighted parking for 152 vehicles.

The property is ideally located approximately two and one-half miles from I-565 and five miles from Huntsville International Airport.

Binswanger is aggressively marketing the property to food, chemical, medical equipment and supplies manufacturers; professional, scientific and technical; and public administration users.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.