Real Estate Attorneys Represent Novavax in New Lab and Office Space Deal

Real estate practice leader Walter McCabe, partner Peter Alpert and senior attorney Laurie Nelson represented Novavax, Inc. in both its short- and long-term lease arrangement for 74,000-square-feet of manufacturing, lab and office space in two facilities in Gaithersburg, MD announced on Nov. 21. The main facility will become the primary commercial-scale plant for production of the company's vaccines after minor modifications that are expected to be completed by mid-2012. The company's corporate headquarters will be relocated to this campus as well.

Novavax is a clinical-stage biopharmaceutical company creating novel vaccines to address a broad range of infectious diseases worldwide. The laboratory, office, and manufacturing space is owned and operated by Alexandria Real Estate Equities.