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Alexandria Captures 1.7x Its Market Share of San Diego Leasing as 427,000 SQFT Bristol Myers Squibb Hub Delivers

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Alexandria Real Estate Equities leased nearly twice its market share in San Diego during the second quarter and handed Bristol Myers Squibb a 427,000-square-foot research hub at Campus Point, even as it wrote down Sorrento Mesa land and warned that submarkets beyond Torrey Pines and University Town Center have tipped into oversupply.

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