University Town Center
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...
Alexandria’s 171,000 SQFT Capricor Lease Hinges on FDA Ruling as San Diego Lab Vacancy Hits 28.5%
Alexandria Real Estate Equities has committed a tenant improvement allowance of up to $31.6 million and more than two years of base rent...
Cass Street, Global Mutual Launch $20MM Site Work to Turn Former Costa Verde Center Into 13-Block High Street Village Near UTC
Sorrento Valley-based Cass Street Venture has started demolishing the long-vacant Costa Verde Center across from Westfield UTC, rebranding the 12.6-acre site as High...
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...
Arup Plants First Dedicated San Diego Office at La Jolla Commons, Betting on UTC’s Life-Sciences Pull
After nearly four decades of working in the region without a home base, global engineering firm Arup has opened its first dedicated San...
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...
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...
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...
San Diego Office Leasing Rebounds to 1.2MM SQFT in Q2 as Coastal Submarkets Lead Flight to Quality
San Diego's office market posted its strongest leasing quarter in more than a year during the second quarter of 2026, though a sharp...
WeWork Renews 52,000 SQFT in San Diego’s UTC, Signaling Stability After Bankruptcy Exit
WeWork's renewal of more than 52,000 square feet in University Town Center marks one of the coworking operator's most significant San Diego commitments...
San Diego Multifamily Sales Volume Halves to $879.7MM in H1 2026 as Rent Growth Finally Turns Positive
Transaction volume in San Diego's apartment market collapsed by half in the first six months of 2026 even as rents climbed for the...
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...
