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1/06/20
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Healthpeak Properties has broken ground on The Boardwalk, a 195k sf, Class A lab and office campus in Torrey Pines. Healthpeak, an Irvine-based REIT, owns more than 25 msf of R&D and office buildings throughout the U.S.
Located at 10265, 10275 and 10285 Science Center Drive, The Boardwalk will consist of three buildings. Amenities will include a gourmet café, conference center, 5k sf fitness center and a one-acre park with outdoor meeting and collaboration spaces. The property is located just west of I-5 and is within walking distance of University of California, San Diego.
Healthpeak will commence construction on the $164 mil life science development in January of 2020 and is expected to accommodate occupancy as early as the second quarter of 2021. The campus will combine three adjacent Healthpeak holdings, activating two land sites through 110k sf of ground-up development that will flank both sides of an existing 85k sf property that will also be redeveloped.
CBRE’s Jed Stirnkorb, Rich Danesi and Andrew Huggett are the leasing agents for the project.
“The Boardwalk is in the heart of great universities and many innovative companies that create a highly educated talent pool and opportunities for unique collaborations,” said Danesi. “Torrey Pines is the ideal location for such a state-of-the-art lab and office campus.”
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