Pfizer Oncology has signed a 15-year, 230,000-square foot lease at the Torrey View life science campus nearing completion in San Diego by Breakthrough Properties, which is a joint venture between Tishman Speyer and biotechnology investment firm Bellco Capital.
The ten-acre campus is now fully pre-leased and the company claims that 89% of the three-building Torrey View is now secured by long-term investment grade credit, with the balance leased to biotechnology firms.
The Pfizer lease is more than double the size of any life-science deal in the San Diego area in 2023, when the largest single tenant was Acon taking 97,162 square feet, Bloomberg said, citing CBRE figures.
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