BioMed Realty has made a big long-term bet on demand in San Diego’s life science sector with a $255M acquisition of Pfizer’s sprawling research campus in the city.

The five-building office complex, located on Science Center Drive in the Torrey Pines neighborhood of La Jolla, encompasses nearly 631,000 square feet. The buildings at the complex opened between 1998 and 2004.

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