{"id":501512,"date":"2021-06-07T16:23:39","date_gmt":"2021-06-07T20:23:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\/"},"modified":"2021-06-07T16:23:39","modified_gmt":"2021-06-07T20:23:39","slug":"healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\/","title":{"rendered":"Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DENVER<\/span>, <span class=\"xn-chron\">June 7, 2021<\/span> \/PRNewswire\/ &#8212; Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire <span class=\"xn-person\">Callan Ridge<\/span> densification project located in the <span class=\"xn-location\">Torrey Pines<\/span> submarket of <span class=\"xn-location\">San Diego<\/span>. The lease is expected to commence at the end of 2022, upon completion of construction.<\/p>\n<p>Located in the heart of Healthpeak&#8217;s 20+ acre Torrey Pines Science Park, <span class=\"xn-person\">Callan Ridge<\/span> will be a two building, approximately 185,000 square foot campus featuring stunning architecture with unparalleled coastal and canyon views, as well as flexible floor plates and building systems designed to support life science uses. The project will more than double the current leasable area by replacing an outmoded 90,000 square foot building with a new Class A campus. <\/p>\n<p>&#8220;We are excited to welcome Turning Point to our <span class=\"xn-location\">San Diego<\/span> portfolio,&#8221; said <span class=\"xn-person\">Michael Dorris<\/span>, Healthpeak&#8217;s Senior Vice President and Co-Head of Life Science. &#8220;Turning Point selected <span class=\"xn-person\">Callan Ridge<\/span> as their new headquarters due to its location in the heart of Torrey Pines Science Park, unique architecture featuring a green roof, and numerous on-site amenities.&#8221;<\/p>\n<p>Healthpeak is a pioneer in\u00a0San Diego\u00a0life science real estate with a track record of serving life science tenants for nearly 20 years.\u00a0Callan Ridge will be Healthpeak&#8217;s second ground-up development start in the\u00a0Torrey Pines\u00a0submarket since 2020, following its leasing success at The Boardwalk, which is 100% pre-leased and anticipated to be delivered for initial occupancy in 4Q 2021.<\/p>\n<p>\n        <b>ABOUT HEALTHPEAK<\/b>\n      <\/p>\n<p>Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&amp;P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Medical Office and CCRCs. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term growth. For more information regarding Healthpeak, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3188372-1&amp;h=3882215229&amp;u=http%3A%2F%2Fwww.healthpeak.com%2F&amp;a=www.healthpeak.com\" rel=\"nofollow noopener\">www.healthpeak.com<\/a>. \u00a0\u00a0 <\/p>\n<p>\n        <b>FORWARD-LOOKING STATEMENTS<\/b>\n      <\/p>\n<p>Statements in this release that are not historical factual statements are &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include those regarding the development of <span class=\"xn-person\">Callan Ridge<\/span>. All forward-looking statements are made as of the date hereof, are not guarantees of future performance and are subject to known and unknown risks, uncertainties, assumptions and other factors \u2014 many of which are out of Healthpeak&#8217;s and its management&#8217;s control and difficult to forecast \u2014 that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. These risks and uncertainties include but are not limited to: Healthpeak&#8217;s ability to complete the development, or portions thereof, in the contemplated timeframes or at all; the risk that Healthpeak may not be able to achieve the benefits of the development within expected timeframes or at all, or within expected cost projections; the anticipated delivery of The Boardwalk; and other risks and uncertainties described from time to time in Healthpeak&#8217;s Securities and Exchange Commission filings. You should not to place undue reliance on any forward-looking statements. Healthpeak assumes no, and hereby disclaims any, obligation to update any forward-looking statements as a result of new information or new or future developments, except as otherwise required by law.<\/p>\n<p>\n        <b>CONTACT<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Andrew Johns<\/span><br \/>\n        <br \/>Vice President \u2013 Corporate Finance and Investor Relations <br \/>720-428-5400 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1978\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1527749\/Callan_Ridge.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1527749\/Callan_Ridge.jpg\" title=\"Rendering of Callan Ridge.\" alt=\"Rendering of Callan Ridge.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1017241\/Healthpeak_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1017241\/Healthpeak_Logo.jpg\" title=\"Healthpeak Properties, Inc. Logo (PRNewsfoto\/Healthpeak Properties, Inc.)\" alt=\"Healthpeak Properties, Inc. Logo (PRNewsfoto\/Healthpeak Properties, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA02945&amp;sd=2021-06-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego-301307100.html\">http:\/\/www.prnewswire.com\/news-releases\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego-301307100.html<\/a><\/p>\n<p>SOURCE  Healthpeak Properties, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA02945&amp;Transmission_Id=202106071616PR_NEWS_USPR_____LA02945&amp;DateId=20210607\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DENVER, June 7, 2021 \/PRNewswire\/ &#8212; Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densification project located in the Torrey Pines submarket of San Diego. The lease is expected to commence at the end of 2022, upon completion of construction. Located in the heart of Healthpeak&#8217;s 20+ acre Torrey Pines Science Park, Callan Ridge will be a two building, approximately 185,000 square foot campus featuring stunning architecture with unparalleled coastal and canyon views, as well as flexible floor plates and building systems designed to support life science uses. The project will more than double the current leasable area by replacing an outmoded 90,000 square &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-501512","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DENVER, June 7, 2021 \/PRNewswire\/ &#8212; Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densification project located in the Torrey Pines submarket of San Diego. The lease is expected to commence at the end of 2022, upon completion of construction. Located in the heart of Healthpeak&#8217;s 20+ acre Torrey Pines Science Park, Callan Ridge will be a two building, approximately 185,000 square foot campus featuring stunning architecture with unparalleled coastal and canyon views, as well as flexible floor plates and building systems designed to support life science uses. The project will more than double the current leasable area by replacing an outmoded 90,000 square &hellip; Continue reading &quot;Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T20:23:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1527749\/Callan_Ridge.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego\",\"datePublished\":\"2021-06-07T20:23:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/\"},\"wordCount\":573,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1527749\\\/Callan_Ridge.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/healthpeak-properties-announces-full-campus-lease-for-callan-ridge-densification-in-san-diego\\\/\",\"name\":\"Healthpeak Properties Announces Full-Campus Lease for Callan Ridge Densification in San Diego - 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(NYSE: PEAK) announced today that Turning Point Therapeutics, Inc. has executed a long-term lease for the entire Callan Ridge densification project located in the Torrey Pines submarket of San Diego. The lease is expected to commence at the end of 2022, upon completion of construction. Located in the heart of Healthpeak&#8217;s 20+ acre Torrey Pines Science Park, Callan Ridge will be a two building, approximately 185,000 square foot campus featuring stunning architecture with unparalleled coastal and canyon views, as well as flexible floor plates and building systems designed to support life science uses. 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