The sale of 2131 Faraday represented one of North San Diego’s most significant life science transactions and stood among the first stabilized trades since 2022, highlighting the re-emergence of capital flowing back into the life science sector.
Cushman & Wakefield’s Aric Starck and Drew Dodds represented the seller, RPG, in the transaction.
"The sale of 2131 Faraday Avenue presented a rare opportunity to acquire a Class A life science asset that is 100% NNN leased to Boston Scientific Corporation (NYSE: BSX), an investment grade, Fortune 500 company and global leader in medical technology," said Starck. "This asset is located in the heart of the Carlsbad Research Center — one of San Diego’s largest clusters for technology, research and design and life science — and is surrounded by multiple Fortune 500 companies."
2131 Faraday Avenue is a freestanding, newly renovated Class A life science facility featuring a state-of-the-art central laboratory, high-end corporate offices, onsite amenities, an extensive glass line and robust mechanical systems suited for biotech, medical device and corporate users.
Prominently positioned along Faraday Avenue, the primary corridor of the Carlsbad Research Center, the property offers excellent visibility, signage potential and convenient drive-around access. It is surrounded by a strong concentration of leading life science, technology and corporate occupants.
The Carlsbad area is recognized as San Diego’s largest cluster of executive and corporate housing, with proximity to major amenities. The site’s accessibility is further enhanced by its location within a premier business park, convenient access to major highways and a robust local infrastructure.