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IQHQ Executes on Retail Leasing; Leading Luxury Lifestyle Club Equinox Coming to Research and Development District (RaDD)

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IQHQ, a leading life science real estate development company, has announced significant progress in retail leasing at its Research and Development District (RaDD) in downtown San Diego. The company has secured premium retail leases and an event space operator, covering approximately 50% of the district's 200,000 square foot retail footprint. Key tenants include Equinox, a luxury fitness club, Rivian, an electric vehicle manufacturer, Javier's, an upscale Mexican restaurant, and The Shade Store, a custom window treatment company.

Additionally, IQHQ has partnered with the San Diego Padres' special events team to manage Eve, RaDD's event venue. The district aims to create a vibrant, community-oriented space with a mix of top-tier regional and national brands, alongside 19 public art installations and engaging outdoor areas. This development underscores IQHQ's commitment to benefiting both the life science industry and the broader San Diego community.

IQHQ, una delle principali aziende di sviluppo immobiliare nel settore delle scienze della vita, ha annunciato progressi significativi negli affitti al dettaglio nel suo Research and Development District (RaDD) nel centro di San Diego. L'azienda ha assicurato affitti al dettaglio di prestigio e un operatore di spazi per eventi, coprendo circa il 50% della superficie al dettaglio di 200.000 piedi quadrati del distretto. I principali inquilini includono Equinox, un club di fitness di lusso, Rivian, un produttore di veicoli elettrici, Javier's, un ristorante messicano di alto livello, e The Shade Store, un'azienda di tende personalizzate.

Inoltre, IQHQ ha collaborato con il team per eventi speciali dei San Diego Padres per gestire Eve, la sede eventi di RaDD. Il distretto mira a creare uno spazio vibrante e orientato alla comunità, con un mix di marchi regionali e nazionali di alto livello, insieme a 19 installazioni artistiche pubbliche e aree esterne coinvolgenti. Questo sviluppo sottolinea l'impegno di IQHQ a favorire sia l'industria delle scienze della vita sia la comunità più ampia di San Diego.

IQHQ, una empresa líder en desarrollo inmobiliario para el sector de ciencias de la vida, ha anunciado avances significativos en el arrendamiento de locales comerciales en su Research and Development District (RaDD) en el centro de San Diego. La empresa ha asegurado arrendamientos minoristas premium y un operador de espacio para eventos, cubriendo aproximadamente el 50% de los 200,000 pies cuadrados de espacio comercial del distrito. Los inquilinos clave incluyen Equinox, un club de fitness de lujo, Rivian, un fabricante de vehículos eléctricos, Javier's, un restaurante mexicano de alta gama, y The Shade Store, una empresa de tratamientos de ventanas personalizados.

Además, IQHQ se ha asociado con el equipo de eventos especiales de los San Diego Padres para gestionar Eve, el lugar de eventos de RaDD. El distrito tiene como objetivo crear un espacio vibrante y orientado a la comunidad, con una mezcla de marcas regionales y nacionales de primer nivel, junto con 19 instalaciones de arte público y áreas al aire libre atractivas. Este desarrollo subraya el compromiso de IQHQ de beneficiar tanto a la industria de ciencias de la vida como a la comunidad más amplia de San Diego.

IQHQ, 생명 과학 부동산 개발의 선두주자인 이 회사는 샌디에이고 도심의 Research and Development District (RaDD)에서 소매 임대에서 중요한 발전을 발표했습니다. 이 회사는 약 50%의 면적을 차지하는 프리미엄 소매 임대와 이벤트 공간 운영자를 확보했습니다. 주요 세입자로는 Equinox라는 고급 피트니스 클럽, Rivian이라는 전기차 제조사, 고급 멕시칸 레스토랑 Javier's, 맞춤형 창문 처리 회사 The Shade Store가 있습니다.

추가로, IQHQ는 샌디에이고 파드리스의 특별 행사 팀과 협력하여 RaDD의 이벤트 공간인 Eve를 관리하고 있습니다. 이 지역은 최고의 지역 및 국가 브랜드와 함께 19개의 공공 예술 설치물 및 매력적인 야외 공간을 혼합해 활기차고 지역 사회 지향적인 공간을 만드는 것을 목표로 하고 있습니다. 이 개발은 생명 과학 산업과 샌디에이고 지역 사회에 이익을 주려는 IQHQ의 의지를 강조합니다.

IQHQ, une entreprise de développement immobilier leader dans le domaine des sciences de la vie, a annoncé des progrès significatifs dans la location de commerces dans son Research and Development District (RaDD) au centre de San Diego. La société a sécurisé des baux commerciaux de première qualité ainsi qu'un opérateur d'espace événementiel, couvrant approximately 50% de la surface commerciale de 200 000 pieds carrés du district. Les principaux locataires comprennent Equinox, un club de fitness de luxe, Rivian, un constructeur de véhicules électriques, Javier's, un restaurant mexicain haut de gamme, et The Shade Store, une entreprise de traitements de fenêtres sur mesure.

De plus, IQHQ a établi un partenariat avec l'équipe des événements spéciaux des San Diego Padres pour gérer Eve, le lieu d'événements de RaDD. Le district vise à créer un espace dynamique et orienté vers la communauté, avec un mélange de marques régionales et nationales de premier ordre, ainsi que 19 installations artistiques publiques et des espaces extérieurs engageants. Ce développement souligne l'engagement d'IQHQ à bénéficier tant à l'industrie des sciences de la vie qu'à la communauté plus large de San Diego.

IQHQ, ein führendes Unternehmen für die Entwicklung von Immobilien im Bereich der Lebenswissenschaften, hat bedeutende Fortschritte bei der Einzelhandelsvermietung seines Research and Development District (RaDD) in der Innenstadt von San Diego bekannt gegeben. Das Unternehmen hat erstklassige Einzelhandelsmieten und einen Betreiber für Veranstaltungsräume gesichert, was ungefähr 50% der Einzelhandelsfläche von 200.000 Quadratfuß im Bezirk abdeckt. Zu den Hauptmietern gehören Equinox, ein Luxus-Fitnessclub, Rivian, ein Hersteller von Elektrofahrzeugen, Javier's, ein gehobenes mexikanisches Restaurant, und The Shade Store, ein Unternehmen für maßgeschneiderte Fensterbehandlungen.

Zusätzlich hat IQHQ mit dem spezialisierten Veranstaltungsteam der San Diego Padres zusammengearbeitet, um Eve, die Veranstaltungsstätte von RaDD, zu verwalten. Der Bezirk strebt danach, einen lebendigen, gemeinschaftsorientierten Raum mit einer Mischung aus erstklassigen regionalen und nationalen Marken sowie 19 öffentlichen Kunstinstallationen und ansprechenden Außenbereichen zu schaffen. Diese Entwicklung unterstreicht das Engagement von IQHQ, sowohl der Lebenswissenschaftsbranche als auch der breiteren San Diego-Gemeinschaft zugutekommen.

Positive
  • Secured leases for approximately 50% of RaDD's 200,000 square foot retail space
  • Attracted high-profile tenants including Equinox, Rivian, Javier's, and The Shade Store
  • Partnered with San Diego Padres' special events team to manage the Eve event venue
  • RaDD includes 19 public art installations and engaging outdoor spaces
Negative
  • None.

SAN DIEGO--(BUSINESS WIRE)-- IQHQ, Inc., a premier life science real estate development company, has announced the signing of premium retail leases and an event space operator at RaDD, IQHQ’s transformative life science district on San Diego’s downtown waterfront. These new, high-quality partnerships total approximately 50% of the district’s nearly 200,000 square foot retail footprint.

Rivian Showroom at RaDD. Courtesy IQHQ / Photo by Sudenim Visual Media

Rivian Showroom at RaDD. Courtesy IQHQ / Photo by Sudenim Visual Media

“RaDD is a premier district designed to benefit both the industry we serve and the broader community with world-class shopping, dining, events, and engaging outdoor space, including 19 incredible public art installments,” said Tracy Murphy, Co-CEO of IQHQ. “The introduction of these exciting brands demonstrates the execution of RaDD’s vision, the importance of the waterfront to San Diego’s future and the leading position of IQHQ’s districts as hubs of innovation and lifestyle.”

“Securing best-in-class retail tenants underscores our commitment to creating a vibrant, community-oriented district with a mix of top-tier regional and national brands at RaDD,” said Brooke Riedman, Director of Leasing at IQHQ. IQHQ has finalized agreements with key retailers including Equinox, a luxury fitness club, Rivian, an innovative electric vehicle manufacturer, Javier’s, an elevated Mexican restaurant, and The Shade Store, a premium custom window treatment company.

“Equinox, the authority in high-performance luxury lifestyle, is excited to bring an unparalleled experience to San Diego’s downtown waterfront by providing carefully curated offerings, including a performance-driven strength and cardio floor, fully equipped group fitness studios, a full-service spa with innovative treatments, and a retail shop,” said Jeff Weinhaus, President, Chief Development Officer at Equinox.

Rivian’s showroom at RaDD is now open, inviting visitors to experience the company’s cutting-edge electric vehicles firsthand. "As Rivian develops our footprint of physical spaces, we’re always hoping to find buildings that allow us to join the fabric of a neighborhood," said Sara Webster Wylie, Director, Spaces Marketing, Rivian Automotive. "Our presence at RaDD connects us with a community that shares our commitment to inspiring change and advancing a sustainable future."

IQHQ has also established a partnership with the San Diego Padres’ special events team to manage and operate Eve, RaDD’s world-class event venue. Since opening in the second quarter of 2024, Eve has been a host to local and national events offering guests stunning top-level space with unprecedented views of the Coronado Bridge and San Diego Bay.

About RaDD

San Diego’s Research and Development District (RaDD) is a purpose-built life science district offering exceptional accessibility and amenities on more than ten acres along the city’s Pacific coast waterfront. Spanning six blocks, RaDD offers 1.7 million square feet of research, laboratory, office, retail, and entertainment space. For more information, visit thisisradd.com.

About IQHQ

IQHQ is giving progress a home, empowering the life science community to thrive by developing districts that inspire innovation and drive growth. IQHQ’s focus is to acquire, develop, and operate sustainable life science districts in the innovation hubs of San Francisco, San Diego, and Boston in the United States, and the Golden Triangle in the United Kingdom. IQHQ has offices in San Diego, San Francisco, and Boston. To learn more, visit iqhqreit.com or follow IQHQ on LinkedIn or Instagram.

About Equinox

Founded in 1991, Equinox was built on the notion that fitness can empower a life well-lived and foster a strong community of high-performance individuals. More than 30 years later, Equinox continues to lead and disrupt the category it defined, operating over 100 full-service fitness clubs globally across major US cities including New York, LA, Miami, and San Francisco as well as London, Toronto, and Vancouver. Each club features a bespoke design in an unparalleled luxury environment. The company offers a holistic approach to fitness, inclusive of Equinox signature group fitness classes, personal coaching, Pilates, spa services, apparel, and food & beverage. For more information, visit www.equinox.com.

About Rivian

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers. The company provides a full suite of services that address the entire lifecycle of the vehicle and stay true to its mission to keep the world adventurous forever. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal — preserving the natural world for generations to come.

Learn more about the company, products and careers at www.rivian.com.

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Teresa Henderson

Teresa.Henderson@trailrunnerint.com

+1 214-668-6229

Source: IQHQ, Inc.

FAQ

What major retailers has IQHQ signed for its Research and Development District (RaDD) in San Diego?

IQHQ has signed leases with Equinox (luxury fitness club), Rivian (electric vehicle manufacturer), Javier's (upscale Mexican restaurant), and The Shade Store (custom window treatment company) for its RaDD project in San Diego.

How much of RaDD's retail space has been leased so far?

IQHQ has leased approximately 50% of RaDD's nearly 200,000 square foot retail footprint.

What is Eve at RaDD and who will manage it?

Eve is RaDD's world-class event venue, which will be managed and operated by the San Diego Padres' special events team. It offers top-level space with views of the Coronado Bridge and San Diego Bay.

Is the Rivian (RIVN) showroom at RaDD currently open?

Yes, the Rivian (RIVN) showroom at RaDD is now open, allowing visitors to experience the company's electric vehicles firsthand.

Rivian Automotive, Inc.

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