Publication

San Diego Q2 2025 Life Sciences Market Overview

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Market Highlights

  • Sterling Bay and Harrison Street have delivered 690,000 square feet (sf) of life sciences space as part of the first phase of Pacific Center in Sorrento Mesa.
  • RayThera, founded in 2023, is a biotechnology company developing small molecule therapies in immunology and has raised $110.0 million in Series A funding to advance its lead drug candidates through clinical studies.
  • Pfizer recently sold its five-building, 631,000-sf campus on Science Center Drive in Torrey Pines to BioMed Realty for $255.0 million.

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