UTC & Torrey Pines's tenant base is anchored by life sciences, biotech, pharma, healthcare delivery, tech.

  • Tier: trophy.
  • Tenant character: Life sciences capital of California.
  • Average rent: $68/sqft/yr.

UTC & Torrey Pines, San Diego tenant profile

UTC & Torrey Pines's tenant base is anchored by life sciences, biotech, pharma, healthcare delivery, tech.

TL;DR

  • Tier: trophy.
  • Tenant character: Life sciences capital of California.
  • Average rent: $68/sqft/yr.

Who clusters here

Life sciences, biotech, pharma, healthcare delivery, tech.

What that means for newcomers

Newcomers to UTC & Torrey Pines should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

citySan Diego
submarketUTC & Torrey Pines
tiertrophy
averageRentLocal$68/sqft/yr
cityClassARentUsd$56/sqft/yr
cityVacancyPct18.4%

Frequently asked questions

What kind of tenants lease in UTC & Torrey Pines?
Life sciences, biotech, pharma, healthcare delivery, tech.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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