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Canadian Investor Selling Eight San Diego Life Sciences Buildings for $576 Million

City Office REIT Deals Closing in 2021 and 2023 Another Sign of High Demand in Sorrento Mesa Biotech Enclave
Vancouver-based City Office REIT is selling a San Diego portfolio in two deals, including several buildings in the complex known as Pacific Corporate Center. (CoStar)
Vancouver-based City Office REIT is selling a San Diego portfolio in two deals, including several buildings in the complex known as Pacific Corporate Center. (CoStar)
CoStar News
23 August 2021 | 21:08

City Office REIT of Vancouver is selling all eight of its life sciences office properties in San Diego’s Sorrento Mesa enclave for a total of $576 million, among the region’s biggest property deals this year and the latest signals of growing demand among biotech developers and tenants in the neighborhood.

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News | Canadian Investor Selling Eight San Diego Life Sciences Buildings for $576 Million