Intersect Management attended the grand opening and ribbon cutting of Quidel’s new building in Carlsbad, California on November 9th.
In attendance was the Mayor of Carlsbad Matt Hall, CEO of Quidel Doug Bryant, and Alexandria Real Estate’s Co-Chief Investment Officer & Regional Market Director Dan Ryan. Quidel’s Carlsbad location is now home to a top-quality manufacturing site producing COVID-19 test kits for at home testing. Within 10 minutes, you can be informed if you have tested positive or negative for COVID-19. This at home kit is making it easier for people to test quickly and reduce the spread of the virus.
Attendees of the event were given an inside look of the building and everything that goes on behind the scenes. Matt Hall, Doug Bryant and Dan Ryan all made speeches on Quidel’s accomplishments and expressed admiration for the team behind it all, the companies and people who helped completely renovate this 130,000 square foot facility in only 9 months.
Quidel approached ARE in late 4Q20 to help them with their COVID-19 related life science manufacturing requirement. ARE and Quidel went into action and within 30 days were awarded the purchase of 2285 Rutherford. Intersect was called in to assess project feasibility, assist in due diligence, and to facilitate construction. Intersect was retained by Alexandria Real Estate as the Owner’s Representative to conduct Landlord’s scope of work and oversee project Tenant Improvements. The project was led by Senior Project Manager Joe Whalen.