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AECFeaturedIndustry NewsLife ScienceSan Diego

Build-to-Suits Are the Only Lab Construction Left in San Diego

JLL's latest count shows 466,598 square feet of lab space rising in UTC while Savills tallies none at all, a gap that comes...

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Industry NewsLeasingLife ScienceSan Diego

Bristol Myers Squibb to Return More Than 250,000 SQFT at Alexandria’s Campus Point as 200,000 SQFT Backfill Nears

Bristol Myers Squibb will hand back more than 250,000 square feet at Alexandria Real Estate Equities' Campus Point Megacampus in 2027 as it...

FinanceIndustry NewsLife ScienceSan Diego

Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego

Alexandria Real Estate Equities sold an approximately 29 percent noncontrolling interest in its Campus Point by Alexandria Megacampus in San Diego's University Town...

San Diego skyline
FinanceIndustry NewsLife ScienceSan Diego

Alexandria Posts $638.5MM Q3 Loss on Impairments as San Diego Occupancy Runs 12 Points Above Market

Pasadena-based Alexandria Real Estate Equities swung to a $638.5 million third-quarter loss on nearly $638 million of real estate write-downs, even as it...

lab photo
AECFeaturedIndustry NewsLife ScienceSan Diego

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...

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FinanceIndustry NewsLife ScienceLos AngelesSan Diego

Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown

Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...

San Diego highways
CommercialFeaturedIndustry NewsLeasingLife ScienceSan Diego

Alexandria Captures 1.7x Its Market Share of San Diego Leasing as 427,000 SQFT Bristol Myers Squibb Hub Delivers

Alexandria Real Estate Equities leased nearly twice its market share in San Diego during the second quarter and handed Bristol Myers Squibb a...

lab photo
CommercialFeaturedFinanceIndustry NewsLife ScienceSan Diego

Alexandria Clears Just $170MM of $2.9B Disposition Target as San Diego Impairments Signal What Sells Next

Alexandria Real Estate Equities has completed $170.4 million of the $2.9 billion in asset sales it needs to pull off this year, and...

vials inside a lab
AECIndustry NewsLeasingLife ScienceSan Diego

Alexandria Delivers 427,000 SQFT R&D Hub for Bristol Myers Squibb at Campus Point Megacampus in San Diego

Alexandria Real Estate Equities has handed the keys to a fully leased life science complex to one of the world's largest drugmakers, a...

Aerial view of Carlsbad
FinanceIndustrialIndustry NewsSan Diego

77,700 SQFT Modern Postcard Headquarters in Carlsbad Lists for $20.4MM in Sale-Leaseback Play

The coastal industrial asset hits the market at $263 per square foot with a 7-year leaseback to a 45-year operating tenant A coastal...

Beach along a street in Carlsbad
FinanceIndustrialIndustry NewsSan Diego

77,700 SQFT Coastal Carlsbad Industrial HQ Lists at $20.4MM in Single-Tenant Sale-Leaseback

Class A manufacturing headquarters on an ocean-view bluff comes to market with a credit tenant locked in for seven years A mission-critical industrial...

Ground mover breaking ground on the construction site
AECIndustry NewsLife ScienceSan Diego

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...

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