Life Science
Pharma Doubles Down On San Diego As Alexandria Bets Megacampuses Will Outrun Glut
REIT’s University Town Center anchor leases offset Sorrento Mesa weakness as countywide vacancy hits historic highs. San Diego’s life science real estate market...
Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water
The world’s largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
SpyGlass Pharma Expands Orange County Footprint with 32,600 SQFT Irvine Company Lease
Biopharmaceutical firm leases space as it advances sustained drug delivery technology toward commercialization. SpyGlass Pharma Inc, a late-stage biopharmaceutical company focused on transforming...
Vital Lyfe Relocates to 37,000 SQFT Torrance Manufacturing HQ as Summer Product Launch Approaches
The water technology startup, founded by former SpaceX engineers, has expanded its footprint more than fivefold as it prepares to begin mass production...
Novartis & Alexandria Break Ground on $1.1B, 466,000 SQFT Biomedical Research Center in San Diego
Swiss pharma giant consolidates West Coast operations into a single Campus Point facility developed by Alexandria Real Estate Equities, positioning San Diego as...
Southern California Life Sciences Markets Diverge as San Diego Vacancy Nearly Doubles and Orange County Holds Below 7%
San Diego’s 26.9 million-square-foot lab market grapples with a supply wave that has pushed vacancy to 28.3 percent, while Orange County’s tighter inventory...
Alexandria Lists 360,000 SQFT Life Science and R&D Portfolio in San Diego’s Sorrento Mesa and Sorrento Valley
The Prime Collection encompasses 12 buildings across four campuses on roughly 33.6 acres, offering investors a value-add opportunity in one of the nation’s...
Kilroy Realty Reshapes Southern California Portfolio With $590MM in Transactions, Pivoting From Commodity Office to Trophy Assets in Beverly Hills and Torrey Pines
The West Coast REIT shed five non-core properties and two land parcels across LA and San Diego while deploying nearly $400 million into...
Kilroy Realty Revealed as Buyer of Alexandria’s 232,000-SQFT Nautilus Life Science Campus in San Diego’s Torrey Pines for $192MM
West Coast REIT calls the acquisition a ‘generational opportunity’ as it capitalizes on Alexandria’s financial pressures to enter the nation’s most prestigious life...
Kilroy Realty Agrees to Sell Remaining 17 Acres at San Diego’s Santa Fe Summit for $86MM, Completing Full Site Disposition at $124MM
Once envisioned as a 600,000-square-foot life science campus, the 22-acre Highway 56 Corridor site is now headed for residential development as Kilroy exits...
