4540 Towne Centre Ct

JLL as advisor is pleased to present 4540 Towne Centre Ct, a jewel box life sciences disposition with significant optionality in San Diego's preeminent dual driver submarket, UTC.

The 39,373 SF facility sits on a highly underutilized 10.31 gross acres / 3.30 net acres within the Eastgate Technology Park. Purpose-built in 1980 for Tanabe Research Laboratories, the architectural award winning building combines wet lab infrastructure, a vivarium, and office space in a proven configuration that supported multinational pharma operations for over four decades. Set against a dramatic natural canyon backdrop, the Site offers panoramic views of the UTC skyline and surrounding coastal hillsides found nowhere else in the submarket.

Delivered vacant, the Site provides immediate optionality to investors and owner-users alike: occupy or lease with a capital reposition plan for the long-term or take advantage of massive redevelopment upside pursuant to by-right density under the current zoning. The gross site area supports up to 897,336 SF at 2.0 FAR.

A fleeting opportunity to acquire an architectural award winning building from a motivated Seller at a steep discount to historical value.