Leasing and Development Opportunities
The Virginia BioTechnology Research Partnership Authority (VBRPA) is an independent authority created by the Commonwealth in 1993 with broad and flexible capabilities to assist life science companies at all stages find an appropriate location in the greater Richmond area. The VBRPA owns and manages the leasing for several of the buildings at the Park including the Virginia BioTechnology Center. The VBRPA can issue tax exempt and taxable debt, structure development and contracting teams, and enter in to a variety of management, leasing, and development and/or financing arrangements best suited to a life science company’s needs.
The Authority can work with life science companies under any combination of the following arrangements at the Park or at the satellite locations:
- Build-to-suit lease/sale option
- Turn-key development services
- Facility financing
- Full-building leases
- Multi-tenant leases
- Incubator and step-up space
Companies applying for space in the incubator are required to be accepted through the Park’s formal application process. Contact the Virginia BioTechnology Research Park and ask for information, or the application can be downloaded from the Incubation and Commercialization tab above.
