Updated Jul 14, 2026
Quantum-Si Signs 10-Year Lease For 54,374 Square Feet At Pacific Center In San Diego
9955 Pacific Heights Boulevard
Building Size
54,374 SF
Asset Type
Office
Closing
Jul 10, 2026
About this deal
AI
The property asset involved in the transaction is located at 9955 Pacific Heights Boulevard, San Diego, CA. It comprises an office space totaling 54,374 square feet within the Pacific Center life sciences campus, which has a total development size of 525,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Andy Gloor - Sterling Bay
- Landlord: Christopher Merrill - Harrison Street
- Tenant: Jeff Hawkins - Quantum-Si
- Lease Duration: 10 years
- Free Rent Period: 20 months
- Tenant Improvement Allowance: $17.1 million
- Market: San Diego, CA
- Significance: Largest life sciences lease in San Diego during the second quarter
Key individuals involved in the transaction include Andy Gloor, representing Sterling Bay, and Christopher Merrill, representing Harrison Street, as landlords. Jeff Hawkins is the tenant representing Quantum-Si, who is the first tenant to sign at this new development.
On the Map
Office
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Players
Pacific 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