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Transactions - SEPTEMBER 28, 2020

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IQHQ breaks ground on largest San Diego urban commercial waterfront site

by Released

IQHQ has completed the acquisition of an iconic development site along San Diego’s waterfront.

Entitled for new office, lab and support retail space, the San Diego Research and Development District (The RaDD) is situated on more than eight acres and occupies three entire city blocks — representing the largest urban commercial waterfront site along California’s Pacific coast. With entitlements secured and key foundation permits already in-hand, IQHQ is breaking ground on the first phase of the project this week with completion of the initial phase anticipated in summer 2023.

“The Research and Development District is exciting on so many levels — not only does it represent our first acquisition in the San Diego region, which IQHQ is proud to call home, we also have an opportunity to create the first truly urban waterfront campus dedicated to the advancement of life sciences,” said Tracy Murphy, president of IQHQ. “Once complete, the RaDD will be a premier de

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