Burlingame, CA

Premia, Prince Street and CBRE Sign Natera to 63,000 SF Lease in San Carlos

Life sciences leasing activity surged on the San Francisco Peninsula in Q4 2025

February 4, 2026

Modern glass‑front office building on Industrial Road in San Carlos, California, shown on a clear day with pedestrians and landscaped surroundings

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Bay Area Life Sciences Figures Q4 2025

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Premia Capital, Prince Street Partners and CBRE announced that Natera, a global leader in cell-free DNA and precision medicine, has leased 62,969 sq. ft. at Brittan West in San Carlos.

CBRE’s Jennifer Vergara, Mary Hines, Dino Perazzo and Lauren Cicisly represented the landlord, Premia and Prince Street. Scott Miller and Kyle Caldwell of JLL represented the tenant.

“Natera’s commitment to 1091 Industrial Road further bolsters Brittan West as a premier Life Science development in San Carlos. The project continues to attract forward-thinking organizations that value both high-quality facilities and connectivity to the region’s talent and research ecosystem,” said Hines, vice chairman at CBRE.

Located at 1091 Industrial Road, Brittan West is a Class A+, purpose-built life sciences development totaling 172,716 sq. ft. The project is fully built out with turnkey lab/office suites and features floor-to-ceiling glass, 16 ft. 8 in. clear heights, 8,000 amps of power, a backup generator, robust mechanical infrastructure, a loading area and a freight elevator. Amenities include an on-site café, subterranean parking, EV charging, rideshare areas, bike storage, outdoor terraces, BBQ areas, and balconies. It is located next to Highway 101, five minutes from Downtown Redwood City, and close to Stanford University and Sand Hill Road.

“We are happy to welcome our newest tenant, Natera, a global leader in genetic testing and diagnostics, to Brittan West. We look forward to serving this great tenant for years to come, and expect they will be very happy at what we believe is the best life science campus on the South Peninsula,” said Michael Halow, Owner at Premia Capital.

Life sciences vacancy in the Bay Area declined in the fourth quarter of 2025 as leasing activity surged, according to CBRE Research. In Q4 2025, leasing activity totaled 1.2 million sq. ft., with 87% of the leases taking place on the San Francisco Peninsula.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.