Diversified Healthcare Trust has completed the $159 million sale of MUSE, a three-building trophy life sciences campus totaling 186,000 square feet in San Diego.
The buyer is Breakthrough Properties.
Substantially renovated between 2020 and 2022, MUSE is a state-of-the-art life sciences facility consisting of two fully leased wet lab buildings and one vacant office building. Overall, the property is 49 percent leased to Merck, Aegis Life, Organogenesis and Halloran. As part of the renovation, MUSE added tenant amenities, including a fitness center, full-service café and indoor/outdoor conference center.
The campus has a hillside location at 3030, 3040 and 3050 Science Park Road in the Torrey Pines submarket of San Diego. This submarket is part of the larger San Diego life sciences cluster, which is one of the top biotech hubs in the United States and is home to renowned research institutions, including the Salk Institute for Biological Studies, The Scripps Rese
