Blood Bank of Alaska Finalizes Sale of Previous Headquarters
ANCHORAGE – Blood Bank of Alaska (BBA) has finalized the sale of their previous headquarters located at 4000 Laurel Street in Anchorage. The building was put on the market in 2014 and was sold to South Central Foundation. The sale of this property originally constructed in 1981, completes the transition of Blood Bank of Alaska’s headquarters into a new facility.
“The Board of Directors is excited to conclude this chapter in the Blood Bank’s history and to have the new building project complete. Consistent with our original fundraising intent, the proceeds from the building sale will be used to pay down BBA’s Alaska Industrial Development & Export Authority (AIDEA) loan by several million dollars,” said Ryan York, Blood Bank of Alaska Board Chairman. “We are pleased with the work of our commercial real estate broker, who was able to conclude the transaction amidst very challenging real estate market conditions.”
In 2016, Blood Bank of Alaska completed the construction and moved into a new headquarter facility located at 1215 Airport Heights in Anchorage. The new facility provides additional space that allows for the consolidation of all Anchorage-based operations. The organization’s leadership team’s next objective will be to develop an in-state testing laboratory that will allow the blood that is collected in Alaska to be tested in house. Currently, blood samples of all collected blood are shipped to Minnesota for testing prior to their release to local area hospitals to treat Alaska patients.
Blood Bank of Alaska embarked on its new building project in 2008. By consolidating four locations into one, and by designing a state-of-the-art facility, the state now has better capability to manage daily operations and to be ready for possible emergencies or natural disasters. BBA processes over 24,000 units of blood every year to save lives across the state.