Alexandria Buys Torrey Pines Life Science Campus

Alexandria Real Estate Equities (ARE) is an urban office REIT uniquely focused on world-class collaborative science and technology campuses.  Alexandria has recently purchases the three-building Torrey Ridge Science Center office and lab campus in San Diego for $182.5 million.  The campus totals 291,799 square feet, located at 10578, 10614 and 10628 Science Center Drive.  With local regional operators in Torrey Pines, ARE is San Diego’s largest owner of life science office and laboratory space.  This is a “highly strategic acquistition” for Alexandria where they are able to respond to the strong demand from the local biotech industry.

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