Real estate investment trust Healthpeak Properties sold a 65% stake in a newly built San Diego life science campus in a deal that values the entire campus at $236 million, making it among the region’s largest office deals of the past year.
Healthpeak Sells Majority Stake in Biotech Property in High-Demand San Diego Enclave
Deal With Breakthrough Properties Values Campus at $236 Million
By Lou Hirsh
CoStar News
January 11, 2024 | 9:28 P.M.
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IN THIS ARTICLE
- Properties
- Building A
3020 Callan Rd, San Diego, CA
- Bldg B
3030 Callan Rd, San Diego, CA
- Companies
- Breakthrough Properties LLC
Real Estate
- Tishman Speyer
Real Estate
- Bellco Capital LLC
Finance and Insurance
- Contacts
- Scott Brinker
President & Chief Executive Officer, Healthpeak Properties, Inc.
- Daniel D'Orazi
Chief Investment Officer & EVP, Breakthrough Properties