Success Stories

Luminex

Madison, WI
35,000 SF
Cresa Madison
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Client Objectives

Luminex Corporation develops, manufactures and markets innovative biological testing technologies with applications throughout the diagnostic and life science industries.

For the past 10 years, Luminex has occupied space on 2 floors in a multi-tenant office facility on Madison’s west side.  Over time, Luminex’s operations required a higher level of services in terms of air handling, power and manufacturing space than the building could provide; ultimately requiring the need for a relocation facility.  After significant programming and other pre-construction work, the building at 1224 Deming Way was identified as the best choice for their new home.  The single-tenant, single-story facility will be used for office, Research & Development and manufacturing of diagnostic assays.  In addition, the building will serve as a disaster recovery center for Luminex. 

In order for the new, 35,000 square facility to support operations, significant changes had to be made to the building’s shell, core and infrastructure. Some of the changes included:

  • The addition of a truck dock and receiving enclosure
  • Demolition of nearly all existing mechanical systems, walls and finishes.  New mechanical systems, walls and finishes will be installed to change the building use from standard office space to a state-of-the-art BSL-3 laboratory facility
  • The installation of redundant, natural gas back-up generators
  • Significant upgrades to the building’s electrical service
  • Specialized infrastructure for laboratory operations including gas and DI water service

Results

 

  • Timing:  Cresa engaged with Luminex in mid-2011; partnering with Luminex to select the architect, contractor and a number of additional vendors who became part of the relocation team
  • Size:  At 35,000 square feet, the deal represented a significant transaction on Madison’s west side.
  • Complexity:  In addition to the deal terms, the amount of due diligence that was completed to ensure that the building could be made to meet Luminex’s highly specific operations was noteworthy.  There was not a single component of the building and the site that was not investigated.
  • Impact:  It is critical for Madison and Wisconsin to attract and maintain life science companies who produce products, not just research.  Luminex’s ongoing commitment to Madison is an important one.

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