Chicago-based investment firm Harrison Street has expanded its portfolio the San Diego life science market. The company has acquired two properties in the Sorrento Mesa neighborhood in a partnership with BioScience Properties. The two properties total of 234,000 square feet and were recently converted to class-A life science space following a complete rehab project.
"San Diego is a primary life science market, benefiting from a highly skilled employee base and strong educational institutions," Mark Burkemper, a senior managing director and head of transactions group of North America at Harrison Street, tells GlobeSt.com. "Many life science companies have been built in San Diego or have expanded their presence in San Diego for these attractive fundamentals."
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