Life Science
Veterans Affairs Takes 62,000 SQFT of Sorrento Mesa Lab Space, the Only Public-Sector Deal Among San Diego’s Largest Leases
The U.S. Department of Veterans Affairs signed a 62,000-square-foot new lease for Class B lab space in Sorrento Mesa in the third quarter,...
Maravai LifeSciences Renews 102,000 SQFT in Sorrento Mesa, Shrinking Its Lab Footprint as Class A Vacancy Hits 45.9%
Maravai LifeSciences renewed 102,207 square feet of Class A lab space in Sorrento Mesa while shrinking its overall footprint, landing the second-largest San...
Alta West Lands $49.8MM Forbright Bridge Loan on Fully Leased 275,000 SQFT Lakeview Innovation Center in Thousand Oaks
Forbright Bank has provided Alta West Partners a three-year, floating-rate bridge loan of about $49.8 million on Lakeview Innovation Center, a 22-acre R&D,...
Jay Flatley’s Stealth Radian Bio Lands 80,000 SQFT Torrey Pines Lab, Nearly Tripling Its San Diego Footprint
Radian Bio, the stealth San Diego startup led by former Illumina Chief Executive Officer Jay Flatley, signed an 80,168-square-foot Class A lab relocation...
Iambic Therapeutics Lands 96,000 SQFT Torrey Pines HQ With 32 Months of Free Rent as It Hits Nasdaq
Iambic Therapeutics, the AI-driven drug developer that began trading on Nasdaq on Oct. 15 after a $150 million IPO, has stitched together roughly...
Pfizer’s 518,000 SQFT Exit Sinks Torrey Pines Absorption as Availability Drops, While Del Mar Heights Tightens to 10.3% Lab Vacancy
Pfizer's departure from the last 518,262 square feet of its former Torrey Pines campus gave San Diego's premier lab submarket the region's worst...
San Diego NIH Funding Slips to $1B as Federal Budget Fights Test Torrey Pines Research Landlords
National Institutes of Health funding to San Diego researchers slipped to $1.0 billion in the fiscal year that ended Sept. 30, part of...
San Diego Lab Pipeline Goes Dark With Zero Construction, Leaving 9MM SQFT to Absorb
San Diego has no life science space under construction, and Seattle has joined it at zero while the Bay Area’s pipeline shrank to...
Alexandria’s 171,000 SQFT Capricor Lease Hinges on FDA Ruling as San Diego Lab Vacancy Hits 28.5%
Alexandria Real Estate Equities has committed a tenant improvement allowance of up to $31.6 million and more than two years of base rent...
Ranked: San Diego’s Lab Submarkets, by How Badly Landlords Need You
Lab vacancy sits near 27% countywide, annual leasing has run below the 10-year average every year since 2023, and one submarket holds more...
San Diego Life Science VC Drops 34% to $1.4B, Its Lowest Since 2022, as Bay Area Funding Holds
San Diego life science companies raised just $1.4 billion through the third quarter, their weakest nine months since 2022, as Savills' Q3 2026...
IZOLA Bakery Lands Second San Diego Location at Longfellow’s Biovista Life Science Campus
IZOLA, the East Village bakery that launched in 2020 by lowering croissants from a third-story window, will open its second bakeshop later this...
