Category Archives: Commercial Real Estate News

San Diego Snapshot – March 5, 2018

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Low finish industrial asking rents keep accelerating across the county

  • Industrial asking rents saw record growth starting in 2015 with South County leading the pack at 44 percent; strong industrial fundamentals point to continuation of this
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San Diego Snapshot – February 19, 2018

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Sales activity for the San Diego biotechnology cluster has totaled nearly $1.5 billion since 2010

Source: JLL Research, Esri
  • The primary hub for most of San Diego’s biotech companies is located in the submarkets of Torrey Pines,
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Congratulations to our 2017 Top Producers

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In every JLL office worldwide, our colleagues rise to the daily challenge of fast-paced, demanding real estate markets while making sure that our client ambitions are achieved.

We want to recognize the standout work from our top performers in San Diego. Through collaboration and a client-first approach, they embody JLL’s culture to… Read More

San Diego Snapshot – October 2, 2017

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Office asking rental rates hit all time high

  • Class A average monthly asking rental rates are now $3.25 per square foot Full Service Gross (FSG), having surpassed the previous peak at $3.23 FSG reached in
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San Diego Snapshot – October 17, 2017

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Healthcare, Life Science, Scientific, and Technical industries drive San Diego office in new leasing activity

  • The Healthcare, Life Science, Scientific, and Technical lease deals have dominated the office market in San Diego thus far in 2017,
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San Diego Snapshot – August 31, 2017

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San Diego is a leader in STEM and higher education degrees

  • 14.3 percent of San Diego holds a graduate degree, a greater share of the adult population than anywhere else in Southern California. San Diego is
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Top Life Sciences Destination Trends in 2017

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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

 photo-dec-12-4_blogOur visionary creative office reflects model for landlords and tenants

The JLL San Diego office relocated to the Aventine, this week, after signing an 18,000-square-foot lease earlier in the year. Owned by Boston-based Rockpoint Group, the Aventine is a Class A, 220,000-square-foot office building located on an 11-acre campus at 8910 University Center Lane in San Diego, Calif.

Focusing on creating a visionary model for the office of the future and a showcase for our tenant and landlord clients, we incorporated fully ergonomic workspaces designed to accommodate each individual. Our new office also provides “quiet” zones, fresh air/outdoor patios and respite areas for differing work styles and needs. Other unique features include a movable wall/accordion door for full access to the patio; a bi-fold door in main board room to expand the front of house area for large events or meetings; and client-focused Pitch Room featuring a huge state-of-the-art touch-screen monitor; and technologically advanced wireless access from any area within the space along with best in class audio visual to ensure seamless presentations. Julie Kilpatrick of JLL’s PDS Group oversaw design and construction management of the space and partnered with general contractor Commercial Builders, Inc. and Solana Beach-based architect ID Studios.

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 “Our goal was to create open environment that promotes the well-being of our team and fosters collaboration, team work and transparency,” said Peter Belisle, JLL Southwest Market Director. “The Aventine is the perfect place where we can focus on delivering the best service to our clients.”

Managing Director, Jay Alexander, went on to say “Julie was responsible for leading the design and construction teams for over a year. PDS worked hand-in-hand with both our Agency and Tenant Rep teams starting with market tours and leasing support. She succeeded in delivering a prototype of ‘traditional business meets new office’ while satisfying the desires of each and every team member. The entire team is excited to invite clients to the office to showcase and  demonstrate what JLL as a collaborative team can deliver for them. ”

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Known for its landmark design, Aventine is positioned prominently along the well-travelled Interstate 5 and La Jolla Village Drive in the heart of San Diego’s Golden Triangle. Originally designed by renowned architect Michael Graves, the campus includes the 419-room Hyatt Regency La Jolla as well as numerous on-site dining amenities including Fleming’s Prime Steakhouse and Wine Bar, Truluck’s, Café Japengo, The Melting Pot and Michael’s Lounge. Aventine is also conveniently located within walking distance of La Jolla Village Square, a regional retail center providing additional retail services as well as a variety of restaurants.

Political posturing might not matter, but policies do

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Countdown to election 2016 20+ candidates, 22+ months of campaigning, 24 televised debates/ town halls and more than $1 billion spent and we are down to the last five days of the 2016 election cycle.

The past eight years have been filled with economic ups and downs, but in recent years, success has trounced challenges. GDP has grown by 15.4 percent since 2009, while 15.3 million jobs have been created since 2010 with… Read More