SAN DIEGO, Calif., August 4, 2021 – Cushman & Wakefield announced that DermTech, Inc., a leader in precision dermatology enabled by a non-invasive skin genomics platform, has leased 95,997 square feet of Class A space at the Del Mar Corporate Centre for its new corporate headquarters in Del Mar Heights (San Diego), California. The building will also be the site of the company’s laboratory (the “DermTech Gene Lab”) where DermTech will among other things, process its DermTech Melanoma Test to aid in the early detection of melanoma.
Owned by Kilroy Realty, Del Mar Corporate Centre (DMCC) is a three-building Class A campus in San Diego’s Del Mar Heights neighborhood featuring well-appointed design, beautiful common areas and outdoor lounges, and a prime, prominent presence. DMCC is surrounded by world-class shopping and dining, including Kilroy’s One Paseo and is near many of San Diego’s top neighborhoods. The campus also has excellent visibility and accessibility from Interstate 5.
Cushman & Wakefield’s David Odmark represented DermTech and Cushman & Wakefield’s Brett Ward, Brian Starck and Michael Cassolato represented Kilroy Realty in the transaction.
DermTech’s new headquarters will be located at 12340 El Camino Real, known as Del Mar Corporate Centre II (DMCC II), and will undergo a significant transformation that will include conversion of office space to life science laboratory space.
“We are very excited to welcome and accommodate DermTech in Kilroy’s portfolio. DermTech’s decision to locate its new headquarters in Del Mar Heights is a move that we believe will be the first of many life science companies to cluster in the submarket,” said Brett Ward, Executive Managing Director.
Ward continued, “This transaction also reflects Kilroy’s ability to quickly and successfully convert property in order to meet the needs of today’s life science and biotech companies. A trend we anticipate will continue growing in the area given San Diego’s lack of supply and its position as one of the world’s premier Life Science hubs.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
DermTech is the leading genomics company in dermatology and is creating a new category of medicine, precision dermatology, enabled by our non-invasive skin genomics platform. DermTech’s mission is to transform dermatology with our non-invasive skin genomics platform, to democratize access to high quality dermatology care, and to improve the lives of millions. DermTech provides genomic analysis of skin samples collected non-invasively using an adhesive patch rather than a scalpel. DermTech markets and develops products that facilitate the early detection of skin cancers, and is developing products that assess inflammatory diseases and customize drug treatments.
About Kilroy Realty Corporation
About Kilroy Realty Corporation. Kilroy Realty Corporation (NYSE: KRC, the “company”, “KRC”) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest, and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company’s approach to modern business environments helps drive creativity, productivity and employee retention for some of the world’s leading technology, entertainment, life science and business services companies.