BioScience Properties Completes $20 Million Renovation of TEN770 Life Science Campus in San Diego
183,565-square-foot property in Sorrento Mesa is capturing the Life Science Industry
SAN DIEGO, CALIF., November 19, 2019 – BioScience Properties announced today that it has completed the $20 million renovation of TEN770, a 183,565-square-foot Class A Life Science campus located at 10770 Wateridge Circle in the Sorrento Mesa area of San Diego, California. TEN770 was 60 percent preleased prior to construction completion to biotherapy company Maravai Life Sciences and can still accommodate users ranging from 10,000 to 50,000 square feet.
Designed by Macfarlane Architects and Carrier Johnson + Culture with BNB Builders serving as the general contractor, TEN770 offers an unmatched modern design featuring a new spacious two-story glass entrance and lobby, best-in-class indoor/outdoor gathering spaces, tenant spaces with private balconies and fold-away walls to complete the modernized workspace. Onsite amenities include a café, fitness center and dedicated landscape areas for the weekly food truck service.
Leading the leasing efforts at TEN770 are JLL’s Chad Urie, Grant Schoneman and Tim Olson.
"We wanted to create a life science campus environment within Sorrento Mesa that was on par with what tenants have come to expect in the high rent districts of Torrey Pines and UTC,” said Steve Bollert, President of BioScience Properties. "TEN770 is the perfect place for companies looking to scale their operations while attracting top talent within the competitive life science community.”
TEN770 is ideally located just minutes from the Interstate 805 freeway, providing convenience access to neighboring communities.
“Sorrento Mesa continues to build momentum as a truly core San Diego life science market,” said Urie. “Our client’s goal of delivering a Torrey Pines-quality life science campus has been achieved and life science companies are responding positively. Activity on TEN770 remains great and we expect to be 100 percent leased shortly.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com