Jeffrey Edward Miller Of Invivoscribe Renews 52477 Square Foot Office Lease In San Diego
10222 Barnes Canyon Road
Building Size
52,477 SF
Asset Type
Office
Closing
Oct 9, 2025
AI
The property involved in the transaction is located at 10222 Barnes Canyon Road in San Diego, within the Sorrento Mesa area. It is identified as an office asset with a total square footage of 52,477 square feet. This site is part of one of the largest life sciences leases in San Diego for the year.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 52,477
- Address: 10222 Barnes Canyon Road
- Market: San Diego
- Tenant: Jeffrey Edward Miller - Invivoscribe
- Broker Representatives: John Hundley & Jon Engle - Newmark
Newmark's brokers, John Hundley and Jon Engle, represented the tenant, Invivoscribe, in securing long-term flexibility for the firm’s lab, manufacturing, and office operations. This renewal reflects the commitment to supporting the biotech activities of Invivoscribe within the extensive space at their U.S. headquarters.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · 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