Life Sciences Complex

SAN DIEGO, CALIFORNIA

Original Assessed Value $89,000,000
Final Assessed Value $47,100,000
Tax Savings (2012-2015) $1,800,000

 

Located in the Torrey Pines submarket of San Diego, the property consists of three life science centers. The base assessment was enrolled at $89 million. After a successful appeal, our group was able to have the base year value reduced to $47.1 million. The appeal resulted in tax savings totaling more than $1.8 million for years 2012-2015.