SAN DIEGO-The San Diego office of CB Richard Ellis Inc. has won the leasing assignment for a 1.1-million-square-foot, class-A, office and laboratory building portfolio owned by HCP Inc. The HCP San Diego lab portfolio consists of 18 buildings, including 13 in the Torrey Pines submarket, three in the UTC submarket and two in Sorrento Mesa.
Space is available in sizes ranging from 1,500 square feet up to 82,000 square feet. The portfolio contains lab, office and research and development space.
In addition to class A interior improvements, portfolio amenities include on-site dining, fitness facilities, walking trails and 24/7 security. CBRE tells GlobeSt.com that the portfolio is currently 78% occupied.
Mike Dorris, director of Life Science Estates at HCP, says that hiring CBRE to provide leasing services “will allow HCP to leverage internal resources and expand our access to new relationships and investment opportunities in San Diego.” Richard Danesi, Jed Stirnkorb and Ryan Egli of CBRE will provide day-to-day leasing and transaction management services for the portfolio.
HCP owns over 1,000 properties in 42 states across various property types, including life science, office, medical office, senior housing, hospitality and skilled nursing. “This assignment cements our company’s reputation as the premier life sciences real estate services provider in San Diego and we are grateful to HCP for what we consider a huge vote of confidence in our abilities,” says Mark Read, senior managing director for CBRE.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
