Davis Moore

Life Science

Project / Chiesi USA

Chiesi USA

Chiesi USA (“Chiesi”) is a global pharmaceutical company based in Parma, Italy that established its North American headquarters in Cary, North Carolina with the acquisition of Cornerstome Therapeutics in 2014 . The principals of Davis Moore had been working with Cornerstone since 2008 and began working with Chiesi to assess their real estate strategy for the headquarters facility post acquisition.

01. The Issue

Chiesi continued to grow in its existing space, and began leasing noncontiguous spaces to accommodate its expansion needs. In 2016, Davis Moore facilitated and led the strategy to align the image of a global pharmaceutical leader with a facility that would foster growth, promote the team’s culture and build brand awareness.

02. The Solution

In conjunction with Chiesi, Davis Moore’s principals ran a thorough site selection process including hiring the project management and design consultants to evaluate alternatives for a new long-term facility. After negotiations and evaluation of many market-wide options, the company selected to be the anchor tenant of a new development in the same submarket.

03. The Benefit

With a focus on culture and branding, Chiesi will lease over 54,000 square feet to accommodate its growing workforce. The team has a plan to foster better communication through more openness and accessibility along with exterior building signage for increased visibility. The favorable economics, strategic design and brand awareness will result in an impactful headquarters relocation and long-term home for the Chiesi team.