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California  + San Diego  + Healthcare  | 

Alexandria Delivers R&D Hub for Bristol Myers Squibb at San Diego Megacampus

Alexandria Real Estate Equities, Inc. has delivered a 427,000-square-foot research & development hub for Bristol Myers Squibb (BMS) at the Campus Point by Alexandria Megacampus in San Diego. Since 1998, Alexandria has partnered with BMS across the REIT’s life science and advanced technology clusters.

The initial phase of Campus Point was launched in 2010, 16 years after the then-fledgling company made its first acquisition in San Diego. As of March 31, 2026, Campus Point was 95.4% occupied and spans 2.9 million square feet, including 1.3 million square feet in operation, 0.9 million square feet under construction and 0.7 million square feet available for future development and redevelopment.

“Strategically designed to accelerate innovation, Campus Point provides tenants with the flexibility to expand within the same Megacampus ecosystem while helping them recruit and retain top talent, translate research into life-changing treatments with mission-critical infrastructure and leverage key industry relationships,” said Bret Gossett, EVP – co-regional market director and head of leasing for the San Diego region at Alexandria.

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Alexandria's Gossett

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Lease
  • ◦Development
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