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AECIndustry NewsResidentialSan Diego

Harrison Street, Michaels Plan $230MM, 321-Unit Presidio Terrace Student Housing at University of San Diego

The Michaels Organization and Harrison Street are moving ahead with Presidio Terrace, a $230 million, 321-apartment and 700-bed student housing community terraced into...

lab photo
CommercialLife ScienceSan Diego

Harrison Street Taps Transwestern to Run 2,100,000 SQFT Life Science Portfolio Anchored by Sorrento Mesa’s Pacific Center

Harrison Street Asset Management has handed Transwestern day-to-day control of a 2.1 million-square-foot portfolio stretching from San Diego's Sorrento Mesa to Colorado's Boulder...

Santa Monica beach with downtown in the background
CommercialFinanceIndustry NewsLos Angeles

Mani Brothers Scoop Up Santa Monica’s 55,000 SQFT Clock Tower Building for $28.5MM, Half Rockwood’s 2019 Price

An entity tied to the Mani brothers has taken the century-old Clock Tower Building at 225 Santa Monica Blvd. out of receivership for...

vials inside a lab
FeaturedIndustry NewsLeasingLife ScienceSan Diego

San Diego Lab Market Shrinks to Small Blocks as 58% of Availability Falls Under 20,000 SQFT

Savills' third-quarter contiguous block analysis shows that most of San Diego's available lab space is now offered in blocks of less than 20,000...

Longfellow, CalSTRS, California State Teachers Retirement System, San Mateo, San Francisco, Palo Alto, Redwood City, Emeryville, Millbrae, San Diego, Sorrento Mesa
Industry NewsLeasingLife ScienceSan Diego

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...

San Diego
CommercialFinanceIndustry NewsLeasingLife ScienceSan Diego

Quantum-Si Signs 10-Year, 54,000 SQFT Lease at Sterling Bay and Harrison Street’s Pacific Center in San Diego’s Sorrento Mesa

Protein-sequencing company Quantum-Si has committed to 54,374 square feet at Pacific Center in Sorrento Mesa under a 10-year lease that carries 20 months...

louis-reed-pwcKF7L4-no-unsplash-2-life science
CommercialIndustry NewsLeasingLife ScienceSan Diego

AnaptysBio Spinout First Tracks Biotherapeutics Subleases 45,000 SQFT at TEN770 in Sorrento Mesa

First Tracks Biotherapeutics, the clinical-stage biotech spun out of AnaptysBio in April, has subleased 45,057 square feet at the TEN770 life sciences campus...

vials inside a lab
CommercialFeaturedFinanceIndustry NewsLeasingLife ScienceSan Diego

San Diego Life Sciences Vacancy Holds at 28.1% as Pfizer Opens 230,000-SQFT Oncology Center and Sterling Bay Lands $290MM Pacific Center Refinancing

San Diego's life sciences market spent the second quarter absorbing just enough new demand to keep vacancy flat at 28.1 percent, even as...

San Diego highways
FinanceIndustry NewsLife ScienceSan Diego

Sterling Bay, Harrison Street Clinch $290MM Refinancing for Sorrento Mesa Life Science Campus

Peregren Capital Group's loan, with $162.5 million in future funding, gives the vacant Pacific Center runway to lease up in a market where...

Office building
FinanceIndustry NewsLife ScienceSan Diego

Sterling Bay, Harrison Street Land $290MM Refinancing for 525,000 SQFT Pacific Center in San Diego

Peregren Capital Group provided the loan, which includes $162.5 million of future funding, as the joint venture pushes leasing at its newly delivered...

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FeaturedFinanceIndustrialIndustry NewsResidentialRetail

US Public Pension Funds Deploy Over $4.7 Billion in Real Estate and Infrastructure Commitments

CalSTRS leads a wave of capital deployment as major retirement systems target industrial, multifamily, and value-add strategies heading into 2026. A string of...

Loan
AECFinanceIndustry NewsLife ScienceSan Diego

Bank OZK Sells $265MM Life Sciences Construction Loan for Sterling Bay’s 500,000 SQFT Pacific Center Property in Sorrento Mesa

In a move that breaks from its traditional playbook, Arkansas-based Bank OZK has unloaded one of its largest construction loans, marking what analysts...

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