Breakthrough’s Torrey View campus officially opens in Torrey Hills
- Torrey View, a new 10-acre life science campus in San Diego, represents a major milestone for Breakthrough Properties, serving as a hub for innovation and collaboration in the field of life sciences.
- The campus is fully leased by leading companies, including Pfizer's oncology division and BD Biosciences, solidifying its role as a center for groundbreaking research and development.
- Torrey View features extensive amenities designed to foster a collaborative and innovative environment, with the inclusion of dining options, a conference facility, recreational spaces, and green areas, supporting the life science ecosystem.
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San Diego, California - On September 30, Breakthrough Properties marked a significant milestone in the life science industry with the official opening of Torrey View, a state-of-the-art 10-acre life science campus located in Torrey Hills. This cutting-edge facility promises to be a major hub for innovation and collaboration, solidifying San Diego’s position as a premier destination for life science research and development.
A Vision of Innovation
Torrey View is the culmination of a vision shared by Breakthrough Properties, a joint venture between real estate giant Tishman Speyer and biotech investment firm Bellco Capital. The campus is designed to be a world-class research and development center, featuring expansive ocean views towards Torrey Pines State beach. This prime location not only offers stunning vistas but also positions Torrey View at the heart of San Diego’s vibrant life science cluster.
Fully Leased and Ready for Action
One of the most impressive aspects of Torrey View is its impressive roster of tenants. The campus is fully leased to several leading companies, including Pfizer and BD Biosciences. Pfizer’s oncology division has secured a significant 230,000 square feet across two buildings, while BD Biosciences has leased 220,000 square feet for its Biosciences division. Other notable tenants include Charles River Laboratories, Actio Biosciences, and Architect Therapeutics, all of whom are poised to contribute to the groundbreaking research taking place at the campus.
Amenities for Innovation
Torrey View is more than just a collection of buildings; it’s a curated ecosystem designed to foster collaboration and innovation. The campus boasts a full suite of amenities, including multiple dining options, a Jay Wright-designed fitness center, pickleball courts, a 400-person conference facility, robust bike and surfboard storage, and onsite parking via a partially below-grade garage covered by open green spaces and gardens. These amenities are designed to provide a comfortable and productive work environment that encourages creativity and teamwork.
A Hub for Groundbreaking Research
The vision behind Torrey View is to create a setting where the brightest minds in medicine can come together to drive groundbreaking discoveries. San Diego Mayor Todd Gloria, UCSD Chancellor Pradeep Khosla, and Breakthrough CEO Dan Belldegrun all celebrated the opening of Torrey View, emphasizing its potential to strengthen the city's thriving innovation ecosystem. Mayor Gloria noted, “This world-class campus is a setting fit for some of the brightest minds in medicine, and will further strengthen the thriving innovation ecosystem that fuels groundbreaking discoveries.”
Quality Lab Space is Essential
According to Susie Harborth, chief business officer at Breakthrough Properties, quality lab space is essential for the life science and biotech industries. “You can't do that from home,” she said. “You need adequate lab space to do the innovative work that needs to be done to bring drugs to patients.” The demand for such space may have slightly dipped in the first half of this year, but Breakthrough remains optimistic about the future. With educational institutions like Scripps Research and the University of California San Diego providing a rich talent pool, San Diego is well-positioned to attract top life-science companies.
Expanding the Portfolio
Breakthrough Properties is not resting on its laurels. The company is looking for opportunities to expand its portfolio, leveraging its expertise in life science and real estate to create more innovation hubs. The company’s commitment to delivering high-quality real estate products is evident in its other notable projects, including StudioLabs—curated, turn-key innovation environments for hypergrowth users—and other locations such as Boston’s Enterprise Research Campus and Philadelphia’s 2300 Market.
A Future of Innovation
Torrey View is more than just an opening; it’s a new chapter in the life science industry. This campus represents a significant investment in the future of healthcare and innovation. As Breakthrough Properties continues to evolve and expand, one thing is clear: the next generation of life-changing discoveries will be made at Torrey View.
References:
- https://www.sdbj.com/real-estate/breaking-through-in-a-big-way/
- https://www.prnewswire.com/news-releases/breakthrough-properties-joined-by-san-diego-mayor-todd-gloria-to-celebrate-the-opening-of-torrey-view-by-breakthrough-development-302279810.html
- https://btprop.com/portfolio/torrey-view-by-breakthrough/
