The San Diego medical office market continues to exhibit solid growth
Market conditions and trends
If there is one word to describe the current state of the San Diego healthcare real estate market and its growth, it is steady. Large lease and build-to-suit transactions have been limited, as most of the large healthcare providers… Read More
Running a life sciences company today is a complex business—meeting the needs and demands of top talent while navigating an uncertain healthcare legislative landscape amidst rising costs. Despite the many challenges and costs pervading the industry, one thing is for certain—retaining talent is the top priority, and companies are… Read More
How can we improve the health of our communities, while also reducing costs and maintaining high-quality care? And how will we pay for it? These are the most vexing questions facing healthcare executives nationally and in our local communities.
Typically, the real estate in a healthcare system’s footprint represents one of the largest sources… Read More
San Diego offers affordable office rent compared to other California markets
San Diego has the lowest average asking office rents among key California office markets. This enables companies to have direct access to a highly talented and educated labor pool in San Diego while saving on real estate costs.
San Diego medical office occupancy increased in the first quarter of the year, posting an increase of 28,144 square feet of positive net absorption. The current overall San Diego County direct vacancy rate of 6.6 percent is 51 percent lower than in 2009, when it peaked at 13.6 percent.
You might expect the priciest place to set up shop in a new office would also be the one with the priciest rents. But there’s more than meets the eye when it comes to the cost of converting outdated office space into an engaging workplace. Get a holistic picture of total build-out costs… Read More