Penumbra worked with MarketOne Builders, Inc. to design and build a 160,000 sf tenant improvement within an existing, single-story structure within the former HP Campus in Roseville. Completed in 10 months, and under the GMP contracted budget, Penumbra’s new space includes approximately 72,000 sf of controlled environment room. The space also includes office space, break rooms and new restrooms, ADA upgrades and site improvements such as curtain wall entry and decorative concrete.
The Alameda-based company specializes in Neuro and vascular technology; designing, developing, manufacturing and marketing novel products which address challenging medical conditions in markets with significant unmet need.
Initially, their new Roseville location is expected to bring in 300 jobs during its first three years with more expected as the company grows.