University Town Center
Pharma Doubles Down On San Diego As Alexandria Bets Megacampuses Will Outrun Glut
REIT’s University Town Center anchor leases offset Sorrento Mesa weakness as countywide vacancy hits historic highs. San Diego’s life science real estate market...
IQHQ Puts 2.25-Acre Aventine East Development Site on the Block as Life Science REIT Raises Cash
The San Diego developer is marketing a by-right parcel entitled for nearly 490,000 SQFT of residential density in La Jolla UTC, four years...
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...
Alexandria Real Estate Sells 130,536 SQFT 6260 Sequence Drive in Sorrento Mesa for $70MM
Alexandria Real Estate Equities completed the sale of 6260 Sequence Drive in San Diego’s Sorrento Mesa submarket for $70 million in December 2025,...
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
Blackstone Sells 248-Room Residence Inn in Torrance for $54MM as Hotel Investment Strategy Shifts
Capital Insight Acquires Extended-Stay Property Near Redondo Beach in Latest Blackstone Hotel Exit Blackstone has divested an extended-stay hotel in Torrance, selling the...
After $124MM Acquisition in 2025, Global Mutual Brings to Market Entitled 3.8MM SQFT Costa Verde Project in La Jolla
Global Mutual Residential Partners is marketing a rare recapitalization or sale opportunity for Costa Verde, a fully entitled 12.56-acre mixed-use development site at...
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
