KKR Buys Campus Point by Alexandria megacampus (1,587,000 SF) in San Diego

Reported Oct 28, 2026 · Source: The Registry

Source: The RegistryRead the full report at The Registry ↗

Deal details

Buyer
KKR
Seller
Alexandria Real Estate Equities
Price
$475M
Size
1,587,000 SF campus
Price per SF
$299 per SF (our calculation)
Asset class
Life Science
Transaction
Sale
Sub-market
North City (Torrey Pines / Sorrento Mesa / I-15 Corridor)
Metro
San Diego
Reported date
Oct 28, 2026

Summary

Alexandria sold a 29% stake in San Diego's Campus Point to KKR for $475MM, with an expected 5.5% minimum payout, a 7-year put and a call option. Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego. Source: The Registry.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Registry

Read the full report at The Registry. What the article says:

  • Deal / Price
    Alexandria sold a 29% stake in San Diego's Campus Point to KKR for $475MM, with an expected 5.5% minimum payout, a 7-year put and a call option.
  • Deal / Size
    Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego
  • Seller
    Alexandria Real Estate Equities sold an approximately 29 percent noncontrolling interest in its Campus Point by Alexandria Megacampus in San Diego's University Town Center to KKR for $475 million, a structured deal that targets an expected minimum 5.5 percent distribution for the investor, gives it a put right after seven years and lets Alexandria keep control of its flagship San Diego campus.

Article date: 2026-10-28T12:59:00+00:00

Frequently asked questions

Who bought Campus Point by Alexandria megacampus?
KKR bought Campus Point by Alexandria megacampus in North City, San Diego, according to The Registry.
How much did Campus Point by Alexandria megacampus sell for?
The reported price is $475M ($299 per SF, our calculation), per The Registry.
Who sold Campus Point by Alexandria megacampus?
The seller was Alexandria Real Estate Equities, per The Registry.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.