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Alexandria Buys Property in Northern San Diego Suburb As Biotech Demand Rises

Carlsbad Gets Growing Share As Tenants Seek Out Expansion Alternatives in Region
The expanding Alexandria Real Estate Equities acquired a Carlsbad, California, industrial building from a unit of Blackstone Group. (CBRE)
The expanding Alexandria Real Estate Equities acquired a Carlsbad, California, industrial building from a unit of Blackstone Group. (CBRE)
CoStar News
February 9, 2021 | 12:02 AM

Prominent biotech property owner and developer Alexandria Real Estate Equities acquired an industrial building in the northern San Diego suburb of Carlsbad, California, the latest indicator of rising demand for life science space beyond the region’s traditional clusters for that sector.

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