Alexandria Divests 182,000 SQFT 5600 Avenida Encinas in San Diego for $64.1MM

Alexandria Real Estate Equities sold 5600 Avenida Encinas, a 182,276-square-foot stabilized property in San Diego, for $64.1 million on December 17, 2025, achieving a 5.5 percent capitalization rate just over four years after acquiring the three-building office portfolio for $135.5 million in October 2021. The transaction represents a strategic disposition of an asset acquired during […]