The 15-year pact is for 82,500 sf at the hot Torrey PinesScienceCenter in Del Mar Heights. Barely a year ago, PeregrineSystems signed a$175 million deal for 420,000 sf in Del Mar Heightsin the single-largestdeal in San Diego County history.
The biotech firm is expected to move next month from smallerquarters inSorrento Valley to the new building, built on spec bySlough Estates USA.Burnham Real Estate Services, which did thePeregrine deal, repped Sequenomin the lease. Burnham brokers alsorepresented Slough Estates.
San Diego-based Sequenom specializes in using information frommaps ofthe human genome to develop real-life applications. Althoughstill aresearch and development company, the strides in mapping thehuman gene haveset the stage for the industry to experience whatToni Schuh, the firm's president and CEO, predicts will be"explosive growth."
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