Life science cluster grows with new GENESIS-San Diego lease
JLL represents landlord in lease to AnaBios which brings the property to 50 percent leased
SAN DIEGO, CALIF., March 12, 2024 – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego. This cutting-edge, eight-story, 200,000-square-foot Class A life science building, established itself as a premiere facility for some of the most forward-thinking life science companies in San Diego.
The signing of AnaBios to a new 20,000-square-foot lease GENESIS-San Diego brings the property to 50 percent leased. AnaBios is joined by Novoron Bioscience, Excellos and Native Microbials in downtown's newest wet lab building.
AnaBios will use the space to continue offering their clients cutting-edge drug discovery and research translational services based on of high-quality human tissue and cells, including heart, lung, and dorsal root ganglia.
"We believe that being located in downtown San Diego near other life science firms, the Convention Center and the airport will provide a key catalyst for our growth," said Andre Ghetti, Founder and Chief Executive Officer at AnaBios. "The unmatched resources, inspiring environment, and unwavering commitment to innovation offered by Phase 3 Real Estate Partners align perfectly with our vision for the future.”
JLL’s Chad Urie, Grant Schoneman and Taylor DeBerry represented the landlord, Phase 3 Real Estate Partners, in the lease. AnaBios was represented by Jon Engle and John Hundley of Newmark. GENESIS San Diego can accommodate users ranging from 7,500 square feet and larger.
"Downtown San Diego is emerging as a vibrant hub for innovative life science companies, and AnaBios' decision to join the impressive lineup at GENESIS reflects the area’s appeal,” said Jon Engle, Newmark Managing Director. “The city's collaborative environment, coupled with the cutting-edge facilities provided by Phase 3 Real Estate Partners, is fostering an ecosystem where companies like AnaBios can thrive and advance groundbreaking discoveries and scientific research."
Phase 3 Real Estate Partners Inc., in partnership with Barings and Bain Capital Real Estate, completed the Genesis-San Diego life science conversion in mid-2022, delivering robust infrastructure, premier finishes and thoughtful designs that were curated allowing today’s top biotech companies space to grow, and succeed in their endeavours. Learn more at www.GENESIS-SanDiego.com.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.