Edgemoor Real Estate Services, and its partner McCarthy Cook & Co, have signed a lease-leaseback agreement with the University of California San Francisco (UCSF) to develop, finance, design, construct, and manage the new Neurosciences Building on UCSF's Mission Bay Campus. This public/private contract model, one of the first in the University of California system, offers an alternative financing option that allows for the university to continue to grow during times of budget and economic uncertainty.

Home to the UCSF Department of Neurology, the Institute for Neurodegenerative Diseases and the W.M. Keck Foundation Center for Integrative Neuroscience, the 235,000 square-foot, cast-in-place concrete structure will become one of the largest neuroscience complexes in the world. Enveloped in curtain wall, metal panels, and precast concrete, the five-story building will house approximately 100 principal investigators, including a Nobel Prize winner, and more than 500 additional researchers and staff. The first floor will be designed for clinicians and clinical researchers of the USCF Memory and Aging Center, while the top floors will be dedicated to laboratory research. The facility also will include a conference space and a telemedicine room for video conferencing with other medical professionals.