Category Archives: Life Science

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 prioritizing the wellbeing… Read More

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

San Diego Q1 Venture Capital Dashboard

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VC Funding Dashboard- SD Q1 2016 (Read-Only)

San Diego companies reported 21 venture capital deals totaling $253.5 million in the first quarter. The funding total was 9.0 percent lower than the 10-year average. The largest local cluster of industries, life sciences/medical, raised $180.8 million, which is 5.3 percent higher than its 10-year average.… Read More

San Diego’s Life Sciences Market Poised for Further Growth

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Life Science Completed Transactions

The San Diego life sciences market continues to be a major player both nationally and globally. The region is home to more than 600 life sciences companies and over 80 research institutes that employee around 50,000 people. Biotech employment grew by 6.6 percent during 2015, the highest posted growth rate for the local industry since 2005 and… Read More

America’s Most Expensive Streets [VIDEO]

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JLL reveals the most expensive streets across the United States, San Diego street ranks as #12

It’s been said there are three things that matter in real estate: location, location, location.

The cliché cuts to the chase: location is important and will certainly play a crucial role in a property’s pricing. But today’s investors would do well to memorize the following mantra: location, industry, competition.

JLL’s biennial study of the “Most Expensive Streets” across the United States… Read More

Tony Russell, Chad Urie and Misty Moore Promoted at JLL San Diego

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Promotions

(left to right) Tony Russell, Chad Urie and Misty Moore

JLL has promoted three brokers in its San Diego office, Tony Russell, Chad Urie and Misty Moore. Previously Executive Vice Presidents, both Tony Russell  and Chad Urie were promoted to Managing Director, while Misty Moore was promoted from Vice President to Senior Vice President.

“These three

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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