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Tandem Diabetes’ 182K-SF Lease Brings Campus to Fully Leased Status
The Del Mar Corporate Centre campus in Del Mar Heights is now 100 percent leased. Kilroy Realty recently leased 182,000 square feet of class-A office and lab space to Tandem Diabetes.
Tandem will be located in the 12400 High Bluff Drive building known as Del Mar Corporate Centre III. The medical device company is moving its headquarters from Sorrento Valley.
Brett Ward, Michael Cassolato and Brian Starck of Cushman & Wakefield represented Kilroy Realty and Ted Jacobs, and Andy Huggett of CBRE represented Tandem Diabetes in the transaction.
“Continuing to make significant investment to broaden its life science portfolio, Kilroy’s properties offer tenants exceptional quality and flexibility to accommodate the needs of today’s growing life science and technology companies,” said Brett Ward, executive managing director. “As the supply remains at all-time lows in Torrey Pines and University Town Center coupled with significant rent growth, we continue to see greater demand for class-A space from life science companies in the Del Mar Heights and 56 Corridor submarkets.”
Del Mar Corporate Centre is a three-building 350,000-square-foot class-A life science and tech campus near the Interstate 5/State Route 56 interchange.
- ◦Lease
