Alexandria Real Estate Equities
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...
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...
Novartis Commits to 466,598 SQFT Lease in Major Lab Relocation in San Diego’s UTC Submarket
Large-scale Q3 lease underscores long-term confidence in one of the region’s most stable biotech clusters Large pharmaceutical tenants remained selective in 2025, but...
Alexandria Sells 65,000 SQFT 4767 Nexus Center Drive in San Diego for $50MM with $33MM Seller Financing
Alexandria Real Estate Equities completed the sale of 4767 Nexus Center Drive in San Diego’s University Town Center submarket for $50 million on...
Alexandria Sells Three UTC Land Parcels in San Diego for $40MM
Alexandria Real Estate Equities sold three contiguous land parcels at 9363, 9373, and 9393 Towne Centre Drive in San Diego’s University Town Center...
Alexandria Sells 219,000 SQFT ARE Nautilus Campus in San Diego to Existing Tenant for $192MM
Alexandria Real Estate Equities completed the sale of its ARE Nautilus campus in San Diego’s Torrey Pines submarket to an existing tenant for...
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...
