Volastra Therapeutics is relocating its lab space from West Harlem to Midtown South, signing an 18,120-square-foot sublease at the Alexandria Center for Life Science. The company is moving from the Mink Building to the 11th floor of the center, subleasing from Black Diamond Therapeutics. While the asking rent for the sublease wasn’t disclosed, average office rents in Midtown South were around $85.73 per square foot in Q2 2026. This move is viewed as a strategic step for Volastra’s growth, coinciding with Alexandria Real Estate Equities reporting a positive shift in leasing activity following a period of market saturation and funding cuts in the life sciences sector.
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Link to original article source: https://commercialobserver.com/2026/08/volastra-therapeutics-sublease-alexandria-center-for-life-science/
