Biotech company signs 100,000 SF lease at mixed-use center

June 30, 2021

Source: Utah Business
By Press Release

Vestar, one of the leading privately held shopping center owners and managers in the western US, announced that Recursion (NASDAQ: RXRX) has doubled the size of its headquarters at The Gateway in downtown Salt Lake City, signing a new lease for an additional 100,000 square feet.

“Recursion is a pioneer in the emerging field of technology-enabled drug discovery. To deliver on our mission we have grown our world-class team of scientists, engineers, clinicians, and company builders by more than 60 percent in the last year,” says Recursion President and COO Tina M. Larson. “Expanding our laboratory footprint will allow us to grow our proprietary biological dataset even faster and add several novel capabilities in biology and chemistry research.”

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