JLL acts for Harwell as Moderna secures space at Harwell Campus
News release
16 May 2023
Harwell selected as location for the Moderna Innovation and Technology Centre
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Biotechnology company, Moderna has selected Harwell as the location for its Moderna Innovation and Technology Centre (MITC).
The MITC development will encompass a research, development and manufacturing facility, providing the UK public with access to cutting-edge mRNA vaccines for a wide range of respiratory diseases, pending regulatory assessment and licensure. Moderna’s new MITC will be made up of two buildings.
Construction will begin this year, with the facility expected to become operational in 2025, subject to planning and regulatory approvals. The investment will create hundreds of jobs across Oxfordshire and the UK and will cement Harwell Campus as a national health tech hub for the pioneering research and development of mRNA and other nucleic acid therapeutics.
Working closely with one of JLL Boston’s leading Life Science broker, Peter Bekarian, JLL was able to leverage its international reach to help deliver a momentous transaction for the Oxfordshire and UK life science market.
Paddy Shipp, Director, Head of UK Life Sciences Agency at JLL said, “We’re pleased to have acted for Harwell in securing Moderna as a tenant at Harwell Campus, which offers world class research facilities. The clusters present at Harwell are well placed to foster an environment of collaboration and to deliver further growth for Moderna. We leveraged our international reach, collaborating with Peter Bekarian, leading life science broker from JLL’s Boston office to help deliver a momentous transaction for the Oxfordshire and UK life science market.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.