University Town Center
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...
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...
