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Oxford Properties Breaks Ground on Ionis Expansion in Carlsbad
Oxford Properties Group broke ground on a 165,000-square-foot expansion of Ionis Pharmaceuticals’ main life sciences campus. Located in Carlsbad’s life sciences submarket, Ionis’ existing campus features approximately 250,000 square feet of lab and office space.
Located at 2830 Whiptail Loop in Carlsbad and slated for completion by the end of 2025, Ionis’ campus expansion will deliver 165,000 square feet of purpose-built lab and complementary office space. The expansion builds on Oxford and Ionis’ established partnership; Oxford completed a purchase and long-term leaseback of Ionis’ existing campus last year.
“Oxford is a long-term investor, committed to creating both economic and social value through real estate,” said Tycho Suter, VP investments at Oxford. “Supporting the growth of a highly aligned partner in Ionis, who are deeply embedded in the Carlsbad community, delivers on both fronts as we help provide the infrastructure necessary to develop the life-saving therapeutics of tomorrow.”
- ◦Development
