Clinical-Stage Biopharma Firm Signs HQ Lease with Alloy Properties

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March 4, 2026

From ConnectCRE as reported by Paul Bubny

 

TPG Real Estate’s Alloy Properties said that Elements by Alloy Properties, its award-winning life science campus located at 10201-10241 Wateridge Cir. in the Sorrento Mesa submarket of San Diego, was selected as the new headquarters of Biotheryx, a clinical-stage biopharmaceutical company.  Alloy manages Elements in partnership with West | Tech Properties.

“We are thrilled to welcome Biotheryx to Elements,” said Alicia Hinds, COO of Alloy Properties. “The Alloy team is delighted that they have trusted us to accommodate their promising research programs.”

JLL’s team of Tony Russell, Chad Urie and Tim Olson represented Alloy.  Biotheryx was represented by Andrew Sexton of ReAlign Tenant Strategies. The 290,000-square-foot Elements by Alloy property was recognized by the San Diego Business Journal as Best Redevelopment.