Breakthrough Properties
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...
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...
Tishman Speyer & Bellco Capital Secure $465MM CMBS Financing for Torrey Heights Life Sciences Campus in San Diego
Joint venture refinances San Diego biotech property with five-year loan from J.P. Morgan Chase, Deutsche Bank and Goldman Sachs Tishman Speyer and Bellco...
Breakthrough Properties Raises $430MM to Invest in Life Science Real Estate Across United States, Europe
First Closing of Breakthrough Properties Growth Portfolio IIBuilds Upon Successes of Inaugural Fund Los Angeles, CA – November 17, 2025 – Breakthrough Properties,...
San Diego Office Rents Reach Record High Amid Historic Vacancy and Tepid Leasing
The San Diego office market is facing a critical juncture as historic levels of vacancy and sluggish leasing activity contrast with a record...
Spin Master to Relocate Los Angeles Office Across 132,300 SQFT at Three Full Buildings at Tishman Speyer’s The Collective
Tishman Speyer has secured a significant lease with Spin Master, relocating its Los Angeles office to The Collective in Playa Vista. The multi-year...
BioMed Realty Acquires 631,000 SQFT Pfizer Research Campus for $255MM in San Diego’s Torrey Pines
Blackstone-backed life science landlord makes San Diego County’s largest lab deal in over a year, betting on the long-term strength of the Torrey...
San Diego Life Sciences Market Expands as New Development and Investment Surge
San Diego’s life sciences sector continues to experience dynamic growth, supported by a highly skilled workforce, major research institutions, and a strong pipeline...
Breakthrough Properties Spends $159MM on 186,000 SQFT MUSE Campus in San Diego
In a significant move that underscores the growing demand for premium life science real estate, Breakthrough Properties has acquired MUSE, a three-building, 186,000-square-foot...
Breakthrough Properties Opens 520,000 SQFT Life Science Campus in Torrey Valley; Pfizer & BD Biosciences Leased Entire Project
SAN DIEGO, Oct. 17, 2024 — Breakthrough Properties was joined by San Diego Mayor Todd Gloria, UCSD Chancellor Pradeep Khosla, Ph.D. and representatives...
Pfizer Leases 230,000 SQFT at Torrey View Campus in San Diego
By The Registry Staff Pfizer, a prominent player in the biotech and pharmaceutical industry, is once again expanding its real estate footprint, this...
Report: San Diego Office Market’s Robust Activity During Second Quarter Bodes Well for Region
By Jack Stubbs Earlier this year represented a busy time during the second quarter of 2022, with strong market fundamentals and various data...
