Peter M. Moglia Of Alexandria Real Estate Equities Sells Office At 6260 Sequence Drive For $70M
6260 Sequence Drive
$70,000,000
$536/SF
Building Size
130,536 SF
Asset Type
Office
Closing
Jan 28, 2026
AI
The property involved in this transaction is an office asset located at 6260 Sequence Drive in San Diego, which has a total area of 130,536 square feet. The sale took place for a total price of $70 million, translating to a price per square foot of $536 in the San Diego market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $70,000,000
- Seller: Peter M. Moglia - Alexandria Real Estate Equities Inc
- Location: 6260 Sequence Drive, San Diego
- Square Footage: 130,536
- Price Per Square Foot: $536
Peter M. Moglia represents Alexandria Real Estate Equities Inc in this transaction. The sale was part of a broader $1.47 billion Q4 disposition program aimed at capital recycling as Alexandria shifts its focus towards Megacampus innovation clusters while managing liquidity in response to consecutive quarterly losses in the life science real estate sector.
San Diego Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.23%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93