- 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.
- The San Diego nonfarm employment base … Read More
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.
Most all of the San… Read More
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 But there’s more than meets the eye when it comes to the cost of converting outdated office space into an engaging workplace.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 in San Diego… Read More
Q3 2016 U.S. Investment Outlook
The quarterly U.S. Investment Outlook leverages data covering both the space and asset cycles to provide a barometer of the environment for U.S.
Designed by Gensler, the renovation at Aventine will include a new modern light and bright building lobby… Read More
So you’ve made the decision to make an office move. It’s an exciting time, filled with opportunities to reinvent, reset and renew. At the same time, the site selection process can be overwhelming. There are several factors at play, including neighborhood, space size, layout potential, availability of sophisticated technology, proximity to amenities, parking… Read More
- San Diego’s office inventory is the fourth most suburban in the nation, among the top 30 metros. Unsurprisingly, New York metro area has the highest percentage of urban office inventory in the U.S., followed by the Chicago metro area. Western metro areas claim five of the top six most suburban spots.
- In JLL’s … Read More
San Diego employment continues to increase as total non-farmemployment grew by 39,700 jobs, or 2.9 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created in… Read More
- In the first quarter, San Diego County Class B office asking rates decreased by 1.3 percent quarter-over-quarter. However, amongst the market’s largest submarkets, there was little concurrence.
- The two submarkets with the largest stock of Class B office, Downtown and Kearny Mesa, recorded the largest decreases in asking rental rates at 3.6 and 5.6 … Read More
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