Tag: Amgen
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$2 Billion, 2,000 Jobs: What Genentech’s Holly Springs Expansion Means for Triangle Real Estate
Genentech raised its Holly Springs manufacturing commitment from $700 million to approximately $2 billion eight months after the original announcement, with construction already underway. The facility, Genentech’s first East Coast plant, will support 500+ high-wage manufacturing jobs at an average salary of $119,833 and 1,500 construction positions. Here is what a $2 billion biomanufacturing anchor…
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Genentech’s $700 Million Investment in Holly Springs: Real Estate Investors Take Note
Genentech’s announcement of a new $700 million biomanufacturing facility in Holly Springs, North Carolina, is more than just another corporate expansion—it’s a milestone in the region’s emergence as a national hub for life sciences and a signal flare for real estate investors looking to ride the next wave of suburban growth. The new 700,000-square-foot facility,…