Discover an Environment that Fosters Innovation: Torrey Plaza by Breakthrough
Friday, April 14, 2023
by: Greg Bowman, Breakthrough Properties

Section: Committee Announcements




Breakthrough Properties is on a mission to create and operate the best life science environments around the world. Its “Torrey Plaza by Breakthrough” campus, a recently redeveloped lab project in San Diego’s Del Mar Heights neighborhood, is a perfect example. The 3-building campus is located in a prime life science location: directly off an I-5 Freeway exit, near desirable residential neighborhoods rich in STEM talent and amenities, and less than 10 minutes from the region’s top tier research institutions, including UCSD. Understanding the importance of fostering a community and the need for their customers to recruit and retain the region’s top talent, Breakthrough hosts a range of on-site amenities and features, including an open courtyard and outdoor space, café serving craft coffee and food, EV charging stations, ample covered and surface parking, a newly renovated fitness center, and sweeping westerly views of the Pacific Ocean and Torrey Pines preserve. Torrey Plaza’s best-in-class ecosystem is already home to leading innovative biotech companies. 

Breakthrough has also launched StudioLabs at Torrey Plaza, which helps early stage life science companies achieve “science on day one” ‒ providing furnished offices, conference rooms, a stocked kitchen, concierge services, and fully-equipped-and-operated lab-on-display suites supporting mission-critical research and development. 

 

“The overall project has been extremely well received. Studio Labs was entirely pre-leased six months prior to delivery,” said Greg Bowman, Director of Leasing for Breakthrough Properties. “The campus is 93% leased, and our last remaining suite is ready for immediate plug-and-play occupancy by a life-science innovator looking for a best-in-class quality and location.”


Breakthrough has established itself as one of the most active players in the life science sector with over 5 million square-feet of projects in its pipeline. Sustainability is at the forefront of every initiative, with a particular emphasis on increasing energy efficiency, reducing carbon emissions, and providing healthy workspaces for users, targeting LEED Gold certification at all of its U.S. properties. Breakthrough combines Tishman Speyer's decades of global real estate development experience with Bellco Capital's industry-making biotechnology entrepreneurship to reimagine environments where companies can create life-changing therapies for patients.