Category Archives: Biotech

Q2 2016 San Diego Venture Capital Funding Dashboard

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VC Funding Dashboard- SD Q2 2016San Diego companies reported 19 venture capital deals totaling $350.5 million in the second quarter. The funding total was 26.7 percent higher than the 10-year average. The largest local cluster of industries, life sciences/medical, raised $257.3 million in the second quarter.

For more information, contact:
Joshua Brant, Senior Research Analyst… Read More

Qualcomm move frees up large blocks of space in San Diego’s Technology Hub

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Towers2

On the heels of its recently-completed overhaul of Enclave Sorrento, California-based McCarthy Cook, in partnership with New Jersey-based Prudential Real Estate Investors, is underway with major renovations at The Towers, a four-building office campus located just off the 805 Freeway at Mira Mesa Boulevard in San Diego’s Sorrento Mesa technology hub.

Designed by Gensler, exterior improvements are… Read More

Life Science Record leasing activity during the first half of 2015; 20%-25% year-over-year increase in Class “A” rental rates [REPORT]

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By Grant Schoneman
Vice President | Life Sciences Group
JLL San Diego

life-science-beaker-photo

Leasing activity continued on a record pace during the first half of the year, with a total of 1,117,903 square feet of completed transactions that accounted for 646,183 SF of positive net company growth. To put this into perspective, the average first-half leasing activity over the last… Read More

Leasing activity within the San Diego life sciences cluster hit record levels in 2014 [REPORT]

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Major lab supply: Clusters of established lab stock with long-time industry presence

San Diego saw $43.8 billion in M&A transactions from 2011 through 2014. Large pharmaceutical companies are purchasing biotech firms to fill their R&D pipelines, rather than conduct R&D internally. San Diego has a strong R&D market due in large part to… Read More

Coastal Cities Dominate JLL’s 2015 List of Top U.S. Life Sciences Clusters [REPORT]

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JLL’s annual Life Sciences Outlook Report reveals growth in pharmaceutical and biotech industries despite rising labor and real estate costs

U.S. biopharmaceutical innovation is thriving, with areas like Boston, Raleigh-Durham and San Diego dominating U.S. life sciences activity. However, a scarcity of laboratory space is pushing biopharmaceutical companies to seek locations in suburban markets where space is available or can be constructed, while still providing proximity to talent and resources.

These trends, along with a ranking of… Read More

[REPORT] Sustained leasing activity in Q1-2015, rental rates remain stable at peak levels

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By Grant Schoneman
Vice President | Life Sciences Group
JLL San Diego

Q1-2015-Life-Sciences-Insight-1Coming off a banner year in 2014, the San Diego life sciences market recorded sustained leasing activity during the first quarter of 2015. Companies at both early stage and later stage drug discovery continued to secure funding and see growth in operations. The public markets experienced a slow down… Read More

California ranked #1 in United States for manufacturing output

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California’s prominence as a global hub for manufacturing is often underestimated. Yet, with seven well-defined geographic clusters specializing in all areas of manufacturing output, keeping a watchful eye on the golden state may offer some insight as to where the industry is headed next. What you find in this report may surprise you.