An industrial property with office elements sold for about $86 million in San Diego’s biotech hub of Torrey Pines in La Jolla, among the region’s largest deals for a single building of that type in the past year as demand has slowed.
San Diego Biotech Hub Property Draws Big Price in Tough Market
Deal Among Region’s Largest of Past Year for Buildings With Industrial, Office Elements
By Lou Hirsh
CoStar News
May 24, 2023 | 5:37 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Arenisca
11119 Torrey Pines Rd, La Jolla, CA
- Companies
- Divco West Services, LLC
Real Estate
- Alexandria Real Estate Equities, Inc.
Real Estate