California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
BioMed Realty Relocates Headquarters to UTC
BioMed Realty relocated its headquarters to 49,874 square feet of space at discover@UTC in San Diego. The life science campus is comprised of four buildings with 288,000 square feet at 4570 Executive Dr.
BioMed’s Tim Schoen says, “This move demonstrates our commitment to continuing to invest in and serve the thriving San Diego life science community through all economic conditions, as the biotech industry and our innovative tenants advance the next generation of medicines and therapies.”
BioMed Realty’s new HQ deal brings the property to 94% leased following other relocations by Poseida Therapeutics, Samumed, and Human Longevity. BioMed Realty acquired the assets in phases in 2010 and 2016 and remodeled and repositioned the entire campus as a life science park in 2017 under Blackstone’s ownership.
Property amenities designed to enhance collaboration, support wellness, and provide convenience for tenants include an on-site fitness center and café, as well as a newly designed, eco-friendly parklike setting with tranquil water features, outdoor meeting spaces and a recreation/athletic field.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease


