Breakthrough Properties Leases 20,682 SF To Protego Biopharma And AcelaBio In San Diego
6200 Greenwich Drive
Building Size
20,682 SF
Asset Type
Life Sciences
Closing
Jan 30, 2026
AI
The property asset involved in this transaction is located at 6200 Greenwich Drive in the San Diego market, specifically designed for life sciences use, encompassing a total square footage of 20,682. The transaction comprises leases by two tenants within Breakthrough Properties’ Governor Pointe life science campus, positioning the facility as desirable for companies seeking lab and office space.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: Not disclosed
- Square Footage: 20,682
- Address: 6200 Greenwich Drive
- Market: San Diego
- Landlord: Dan Belldegrun - Breakthrough Properties
- Tenant 1: Protego Biopharma - Lease 12,742 SF
- Tenant 2: AcelaBio - Lease 7,940 SF
- Landlord's Representative: Chad Urie, Grant Schoneman & Michelle Westoby - JLL
- Tenant's Representatives: Greg Bisconti & Justin Venckus - JLL; Tristen Schneider - Kidder Mathews
This transaction includes representatives from JLL who facilitated the leasing for both the landlord and the tenants, reflecting a coordinated effort in the deal's execution. The campus offers a range of flexible suites, ranging from 7,500 to 163,000 SF, strategically located near UCSD.
Players
San Diego Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93