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Report Shows No Signs of Slowing Down for San Diego’s Life Science Market

By Catherine Sweeney  For the past several years, San Diego has been a growing hub for the life sciences industry, and the third...

CommercialFinanceIndustry NewsLife ScienceNews ReleasesSan Diego

Phase 3 Real Estate Buys 40,811 SQFT Life Sciences Building in San Diego for $17.5MM

(EDITOR’S NOTE: According to a San Diego third quarter life sciences market report from Cushman & Wakefield, the property was sold to Phase...

CommercialFinanceIndustry NewsSan Diego

Bioscience Properties Purchases 92,875 SQFT Office Campus in Sorrento Mesa for $41.3MM

Newmark announces it has completed the sale of Sorrento Heights, a two-building office project comprising 92,875 square feet and located at 9980 and...

CommercialFinanceIndustry NewsLife ScienceSan Diego

BioMed Purchases 67,832 SQFT Life Sciences Campus in Sorrento Mesa for $46.7MM

By Catherine Sweeney  As one of the leading life science markets in the nation, office and lab space in San Diego continues to...

CommercialFinanceIndustry NewsNews ReleasesSan Diego

Alexandria Real Estate Acquires 302,727 SQFT Office Portfolio in Carlsbad for $135.5MM

By Catherine Sweeney Alexandria Real Estate is continuing to buy up office space in San Diego. In a recent transaction, the company purchased...

CommercialFinanceIndustry NewsNews ReleasesSan Diego

Longfellow Purchases Sorrento Mesa Business Park for $311MM

(EDITOR’S NOTE: The property is located at 6440 Lusk Boulevard.) GLENDALE, Calif. — PS Business Parks, Inc. (NYSE:PSB; the “Company”) has entered into...

CommercialFinanceIndustry NewsLife ScienceNews ReleasesSan Diego

Longfellow Purchases 255,599 SQFT Sorrento Mesa Office Complex for $149.3MM

(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $149.3 million, or approximately $583 per square foot. Centerpark Plaza...

CommercialFinanceIndustry NewsLife ScienceNews ReleasesSan Diego

Miramar Capital Acquires 24,000 SQFT Lab Facility in San Diego’s Sorrento Mesa Submarket for $15.9MM

San Diego, CA – September 2, 2021 – Drawbridge Realty has completed the sale of 6650 Nancy Ridge, a 24,200 square foot lab building...

CommercialFinanceIndustry NewsNews ReleasesSan Diego

Prime US Acquires Sorrento Towers in San Diego for $146MM

Newmark’s Co-Head of U.S. Capital Markets Kevin Shannon and Executive Managing Directors Brunson Howard, Ken White and Paul Jones represented the seller, Shorenstein...

CommercialFinanceIndustry NewsLife ScienceSan Diego

Sorrento Therapeutics to Fully Occupy 163,000 SQFT Sorrento Gateway Development in San Diego

By Catherine Sweeney  Just prior to the start of construction, Healthpeak Properties’ new Sorrento Gateway development has been fully leased to Sorrento Therapeutics,...

CommercialFinanceIndustry NewsLife ScienceSan Diego

Alexandria Real Estate Acquires 482,153 SQFT Sorrento Mesa Office Portfolio in San Diego for $298.5MM

By Catherine Sweeney Alexandria Real Estate has finished strong in the second quarter of the year, acquiring a 482,153 square-foot office portfolio in...

CommercialFinanceIndustry NewsLife ScienceNews ReleasesSan Diego

Nuveen Acquires 92,000 SQFT R&D Facility for $46MM, One of Two Acquisitions Totaling $59MM

(EDITOR’S NOTE: According to a source familiar with the transaction, the property at 10455 Pacific Center Court sold for $46 million, or approximately...

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