SAN DIEGO — San Diego-based Veralliance Properties, through its affiliate DMH Campus Investors, has acquired Neurocrine Biosciences Campus, a two-building campus located at 12780-12790 El Camino Real in San Diego’s Del Mar Heights submarket, for $109 million. The property includes two three-story buildings totaling 220,804 square feet, and a 4.2-acre parcel that is entitled for approximately 93,000 square feet of office space. Additionally, the sale included a 12-year leaseback to Neurocrine Biosciences for the laboratory building at 12780 El Camino Real. The office building is currently available for lease. Neil Fox and Mike Hoeck of Phase 3 Properties represented the seller, Neurocrine, dba Science Park Center LLC, and the buyer in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties