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Commercial real estate insights, trends and news from JLL's San Diego team

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JLL San Diego Blog > Snapshots

Category Archives: Snapshots

Two San Diego areas buck the trend of quality medical office space getting older

May 11, 20170 CommentsBy Josh Brant

JLL Snapshot_San Diego_May 11

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Categories: Chart of the Week, Charts of the week, JLL Research, Medical Office Building, Snapshots.

The Irvine Company continues to move the average office asking rents in the UTC submarket

May 4, 20170 CommentsBy Josh Brant

Snapshot_San Diego_May 4 2017

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0 Comments
Categories: Chart of the Week, Charts of the week, Snapshots, UTC.

About JLL San Diego

JLL's San Diego blog offers expert insight on news and trends for owners, investors and tenants of commercial real estate. Learn more about our services and our professionals to see how they've helped clients with their commercial real estate needs.

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Recent Posts

  • ► 2018
    • ► April
      • San Diego Snapshot - April 2, 2018
      • Another Eggstraordinary SDYS Event
    • ► March
      • Meet Jen Olson
      • Meet Julie Kilpatrick
      • Meet Misty Moore Willard
      • San Diego Snapshot - March 5, 2018
    • ► February
      • San Diego Snapshot – February 19, 2018
      • Congratulations to our 2017 Top Producers
  • ► 2017
    • ► October
      • San Diego Snapshot - October 2, 2017
      • San Diego Snapshot - October 17, 2017
    • ► September
      • Q2 2017 San Diego Medical Office Report
      • San Diego Snapshot - September 12, 2017
    • ► August
      • San Diego Snapshot - August 31, 2017
    • ► July
      • Top Life Sciences Destination Trends in 2017
      • Positioning your real estate portfolio to succeed in today’s healthcare environment
    • ► May
      • San Diego Snapshot
      • Q12017 San Diego Medical Office Snapshot
      • What's the real cost of building out office space in San Diego?
      • Two San Diego areas buck the trend of quality medical office space getting older
      • The Irvine Company continues to move the average office asking rents in the UTC submarket
      • Fewer bricks, more clicks, & virtual tellers: Five changes on the horizon for branch banks
    • ► April
      • San Diego identified as a top 30 city for global real estate investment
    • ► February
      • New coworking locations accounted for 45% of 2016 Downtown office occupancy increase
  • ► 2016
    • ► December
      • JLL Relocates to Aventine, La Jolla
      • Perfect score on the Corporate Equality Index for a third year!
    • ► November
      • A mood of cautious optimism for U.S. investment in Q3
      • Political posturing might not matter, but policies do
      • Chart of the week: How do old and new stadiums match up?
    • ► October
      • San Diego law firms remain conservative with their real estate
      • Women of influence paving the way in CRE
      • 3 Connections to Google's New San Diego Location
      • September 2016 employment summary
    • ► September
      • Q2 2016 Medical Office Report
      • San Diego Employment Update | September 2016
      • San Diego is a coastal California bargain
    • ► August
      • Julie Kilpatrick Named One of Constructech Magazine's 2016 Women in Construction
      • Q2 2016 San Diego Venture Capital Funding Dashboard
      • U.S. Investment Outlook Report | 2Q 2016
      • Renovation begins at landmark UTC office building
      • Face of the city in midst of major upgrade
      • Nine Steps to Renew Office Culture with an Office Move
      • JLL San Diego team laced-up & charged through the 5th Annual Joggin' for Frogmen 5K
    • ► July
      • Latest San Diego cap rate data tops the leader board among secondary office markets
      • Unlock Employee and Profit Potential with Individual-Friendly Workspace
      • Top 10 global CRE trends for 2016
      • U.S. employment data and trends | July 2016
      • Taking Real Estate Transparency to the Next Level
      • Highlighting our Southwest Skyline
    • ► June
      • Brexit’s potential implications for the U.S. economy and property markets
      • Office Space Should Not be an Office Race
      • National homeownership rates remain near all-time lows
      • Tim Olson and Chris Ross Recognized in San Diego Daily Transcript's 2016 Top 40 Under 40 Issue
      • JLL Named to CR Magazine’s 100 Best Corporate Citizens
      • JLL named one of the 2016 Best Places to Work in San Diego
      • JLL San Diego takes 2nd in SDBJ 2016 Healthiest Companies Awards
      • San Diego millennials are concentrated at the beaches and bases
    • ► May
      • SD Office Employment Update | May 2016
      • San Diego Q1 Venture Capital Dashboard
      • Carlsbad companies receive the most Q1 venture capital funding
    • ► April
      • San Diego suburban office 4th highest in the nation
      • SD Office Employment Update | April 2016
      • Vacancy gap between outermost and central industrial submarkets down 1,000 basis points
    • ► March
      • Class B office rental rates move in disparate directions across the county in Q1
      • An Eggstraordinary Event
      • SD Office Employment Update | February 2015
      • San Diego Medical Office Report | Q4 2015
      • San Diego's Multifamily Investment Outlook
      • Recent foreign capital purchases in San Diego favor office buildings
      • 2015 was a banner year for post-recession construction activity.
      • San Diego has the second highest percentage of Millennials in the nation
    • ► February
      • San Diego trailing only the Bay Area’s unemployment rate in southwestern states
      • JLL San Diego supports the fight against childhood cancer
      • San Diego's technology venture capital funding reached an eight-year high in 2015
      • San Diego's Life Sciences Market Poised for Further Growth
      • Proposed “convadium” would be smallest NFL site and most divided center in the nation
    • ► January
      • Transport networks are key to feeding the world
      • San Diego County industrial asking rents ended 2015 at an all-time high
      • Real Estate Forum's Emerging Leaders in Healthcare: San Diego's best and brightest young professionals
      • “Zombie” offices account for 40% of Class B office vacancy in Downtown
  • ► 2015
    • ► December
      • San Diego employment update │ December 2015 [REPORT]
      • Downtown San Diego is leading the pack in local apartment development by a wide margin
      • Westfield continues its strategy of selling non-core assets and redeploying capital
      • Lease Accounting Update [REPORT]
      • America’s Most Expensive Streets [VIDEO]
    • ► November
      • San Diego employment update │ November 2015 [REPORT]
      • How low can Southern California industrial vacancy go?
      • There is an ‘I’ in this team: The IDEA1 Team - a case study in collaboration
      • Rising Rents and Industry Expansion Push Technology Firms To Key Growth Markets [REPORT]
      • Extra! Extra! San Diego Union-Tribune Moving Downtown
      • San Diego among top 5 in the nation for utility patents
      • [VIDEO] Big Changes on the Horizon for Law Firms in the San Diego Market
      • Otay Mesa on pace to surpass 2014’s record year for loaded truck crossings
      • Landlords amplify services to attract and retain tenants [INFOGRAPHIC]
      • Office tenants with expiring recession-era leases are in for sticker shock
      • For law firms, cutting-edge design is all about flexibility
      • IDEA1 – A Case Study in Collaboration and Creativity Hosted by CREW [EVENT]
    • ► October
      • Halloween-related spending estimated to approach $7 billion in 2015
      • Office Space Constraints and Efficiency Draw Law Firms to Surprising New Locations [VIDEO]
      • Evolving healthcare sector rewards CRE investors
      • San Diego employment update │ October 2015 [REPORT]
      • Team JLL: Making Strides Against Breast Cancer
      • Team JLL Baja Challenge: Mission POSSIBLE!
      • Expansionary leasing is driving supply constraints as tenants await 2016 deliveries [REPORT]
      • Q3 2015 San Diego Office Market Statistics: Rents continue to rise as absorption remains muted
    • ► September
      • The ‘Quiet Riot’ Is Changing the Workplace
      • San Diego employment update │ September 2015 [REPORT]
      • San Diego Medical Office Report | Q2 2015 [REPORT]
      • Global Corporate Real Estate Trend #4: Outsourcing
      • Sharing expertise globally
      • Global Corporate Real Estate Trend #3: Expectation
      • Tony Russell, Chad Urie and Misty Moore Promoted at JLL San Diego
      • Global Corporate Real Estate Trend #2: Integration
    • ► August
      • San Diego employment update │ August 2015 [REPORT]
      • Millennial Allowance: Tenant Improvement Key to Attracting Tomorrow’s Workforce [REPORT]
      • Global Corporate Real Estate Trend #1: Centralization
      • Industrial supply constrained with rents nearing peak levels
      • Tony Russell named one of San Diego Metro’s 2015 40 Under 40
      • Qualcomm move frees up large blocks of space in San Diego’s Technology Hub
      • Life Science Record leasing activity during the first half of 2015; 20%-25% year-over-year increase in Class “A” rental rates [REPORT]
      • Aventine La Jolla Sold, New Owners See Room to Increase Value at Iconic Property
      • Construction tops annual percentage growth in jobs halfway through 2015
      • San Diego Civic veteran Andrew Phillips joins JLL
      • Reflecting on the Last Real Estate Cycle...and Figuring Out How to Take Advantage
    • ► July
      • Is it Time to Renew Your Commercial Lease? 8 Benefits a Broker Provides.
      • Leasing activity within the San Diego life sciences cluster hit record levels in 2014 [REPORT]
      • JLL San Diego laces up for The Navy Seals Frogmen!
      • San Diego employment update │ July 2015 [REPORT]
      • Coastal Cities Dominate JLL’s 2015 List of Top U.S. Life Sciences Clusters [REPORT]
      • Growth in tourism sector shows strong five years running
      • Verizon to Occupy More than 50 Percent of Enclave Sorrento
      • Graymark Capital, Inc. Purchases Five-Building Campus in Carlsbad for $13.5M
      • Q2 2015 San Diego Office Market Statistics: Rising rents and falling unemployment good news at mid-year
      • Curious which Skyline offers the greatest value? [INFOGRAPHIC]
    • ► June
      • The impact of foreign investment on the U.S. Skyline
      • San Diego employment update │ June 2015 [REPORT]
      • Team JLL is Joggin' for Frogmen!
      • Darcy Miramontes, J.D. named one of Real Estate Forum’s 2015 California Women of Influence
      • LEED rents surpass peak levels
      • Celebrating the Power Women in San Diego CRE!
      • JLL recognized as one of 2015 Best Places to Work in San Diego
      • Premium for San Diego Skyline rents increase
      • JLL Named to Fortune 500 List
      • Mind the Gap: San Diego’s Skyline Office Rental Rates Continue to Rise
    • ► May
      • San Diego employment update │ May 2015 [REPORT]
      • JLL’s Agency Leasing Team leads San Diego in Top CRE Leases
      • REAlliance LLC Purchases Medical Office Building for $4.6M in San Diego
      • JLL’s Lynn LaChapelle Named One of San Diego Metro’s Women Who Impact 2015
      • [REPORT] Sustained leasing activity in Q1-2015, rental rates remain stable at peak levels
      • Growth in the construction industry is "building" and expected to continue through 2017 [SLIDESHARE]
      • San Diego Medical Office Snapshot | Q1 2015 [REPORT]
      • JLL takes 5th Place for SDBJ's Healthiest Companies
      • How well do you know the World's largest cities? [QUIZ]
      • San Diego employment update │ April 2015 [REPORT]
    • ► April
      • Earth Day may be over, but green projects are year round.
      • ​Water, water everywhere—but not a drop…to use
      • Ballpark Village Hits a Home Run into San Diego’s Skyline
      • ​Is your capital planning process constraining growth for your company?
      • [SPECIAL REPORT]: What does California's water crisis mean for CRE owners?
      • Crowdfunding campaigns have changed lives. Can they change business?
      • Banks have successfully trimmed expenses to improve profitability. However, headwinds to revenue growth persist.
      • Repetition Is Good When It Comes To Ethics
      • California ranked #1 in United States for manufacturing output
      • San Diego Life Sciences: A Perspective from the Real Estate, Design and Construction Industry
      • Happy National Beer Day!
      • San Diego employment update │ March 2015
      • 2015 Banking and Finance Outlook
      • Q1 2015 San Diego Office Market Statistics: Steady rent growth continues
      • Celebrating our 8th Consecutive Year as One of the World’s Most Ethical Companies
    • ► March
      • Why Hire a Project Manager?
      • JLL's Tim Olson Named One of Tomorrow's Leaders in Southern California
      • What Could Derail Climbing MOB Prices?
      • Which Property Sectors Does Tourism Affect?
      • Newest generation seeing the bulk of absorption
      • How SD Capitalizes on Tourism Driver
      • San Diego employment update │ March 2015
      • United States Employment Update - March 2015
      • Buy vs. lease: What's the best decision for your business?
      • ​​​​​Crises along the coasts: While the East battles blizzards, California closed for cargo
      • Cyber security, cloud dominate high-tech VC funding
      • Creative Space Key for Life Sciences Sector
      • JLL Wins Multiple Honors from the San Diego Business Journal
    • ► February
      • How to make customers fall in love at the movies…with the theater
      • One Paseo development in Del Mar Heights approved by City Council
      • A look at construction in 2015
      • JLL Managing Director Featured in SD Metro Magazine as Metro Movers to Watch
      • Topping the last cycle | U.S. Industrial Outlooks - Q4 2014
      • San Diego Medical Office Report | Q4 2014
      • Multifamily summits another peak: Record-breaking investment in 2014
      • Construction costs are up, but so are opportunities for growth
      • Professional and business services, leisure and hospitality lead 2014 employment growth
      • Life Sciences sector employment grows by 5.2%, Record leasing pushes direct availability to 6.2%
      • Honoring unparalleled talent
    • ► January
      • JLL's Roger Staubach Predicting Victory for New England on Sunday
      • JLL Wins Multiple Honors from the San Diego Daily Transcript
      • San Diego employment update │ January 2015
      • Who's leading absorption gains in the San Diego office market?
      • From Davos: Record real estate investment fueling economic growth
      • JLL Broker Featured in Real Estate Forum Magazine as Top Broker Southern California
      • Who's leading Class A asking rent growth in the San Diego office market?
      • Law firms evolving to new office space strategies — whether they like it or not
      • Swelling economy propels growth way beyond the historical average
      • Q4 Industrial First Look: Vacancy dips to a new low
      • Q4 2014 San Diego Office Market Statistics: Market dynamics pave the way for speculative construction
  • ► 2014
    • ► December
      • San Diego employment update │ December 2014
      • Don’t fall for 2014’s workplace buzzwords
      • Law Firm Real Estate…and why it’s important
      • Aspiration vs. reality in corporate real estate
      • Happy Holidays from JLL San Diego!
      • Public transportation gained ground in 2013
      • Logistics and real estate implications for retailers
      • Retailers Aim to take the Hassle out of the Holiday Hustle
      • San Diego employment update │ November 2014
    • ► November
      • Giving Thanks
      • Please join us for the 2014 Law Firm Perspective Briefing
      • Shippers, e-retailers preparing for the ‘Christmas Crunch’
      • Robust leasing activity throughout 2014, fundamentals in place for sustained growth
      • Vacancy is trending towards 7%
      • Team JLL completes the Warrior Walk/Run 5K!
      • Millennial Career Myths: What Gen Y Wants in a Career Will Surprise You
      • An increase in cloud computing, IT outsourcing shaping data center market
    • ► October
      • How shopping centers can scare up good returns from ghost space
      • Lack of supply, rising rents challenging law firm office norms
      • San Diego Halloween-related spending estimated to be over $110 million
      • How going green can boost productivity
      • When it comes to rebranding, there’s no room for mistakes
      • JLL’s SD research employment update reveals trade, transportation and utilities posted the 2nd largest over-the-year increase
      • San Diego experienced relatively large decrease in unemployment from 2013
      • From Captain Comeback to Roger Real Estate
      • San Diego Downtown's Class A assets beat historic averages
      • Every building has a story to tell.
      • San Diego medical buildings holding steady
      • U.S. office sector posts lowest vacancy rate of the recovery
      • Los Angeles and San Francisco lead California retail boom
      • JLL Property Management: Foreign investment impacting U.S. markets
    • ► September
      • Team JLL Baja Challenge: Mission Accomplished!
      • How Different is the Millennial Mindset?
      • Has urbanization killed the suburbs? We think not…
      • Taxable sales in San Diego surpassed pre-recession levels
      • San Diego Metro’s “40 Under 40” Awards: A salute to 40 outstanding San Diegans
      • We are JLL. We take responsibility.
      • High-tech jobs comprise 4.7 percent of total employment in San Diego
      • Market dynamics driving growth and opportunity for high-tech across the U.S.
    • ► August
      • San Diego biotech cluster has recorded some of the strongest leasing activity in over a decade.
      • Hoppy to announce San Diego craft brew industry growing in three concentrated areas
      • JLL recognized as one of 2014 Best Places to Work in San Diego
      • San Diego ranks 16 among top 100 metros for total value of exports with $21.6 billion in 2012
      • The Irvine Company's UTC/Eastgate Class A rents beat submarket average in 2014
      • San Diego in top 10 for markets with the largest high-tech wage growth
      • When it comes to the customer experience, renovation is inevitable
      • What’s ahead for San Diego’s multifamily market?
      • Bigger is better and slow & steady: Today’s shipping headlines will impact tomorrow’s industrial real estate markets
    • ► July
      • San Diego industrial rents rising
      • Ship-from-store fulfillment: The industrial bridge of retail
      • The two sides of rent growth: One man’s ceiling is another man’s floor
      • AMC renovation brings theaters back to life
      • San Diego gains back all jobs lost during the recession, but the jobs are different
      • Four reasons 2014 will be “The year of the distribution center”
      • JLL Acquires Healthcare Project Management Leader CLEO Construction Management
      • Measuring diversity: More than just technology and defense companies in San Diego
      • It’s a mad, mad portfolio world: Aggregators drive pricey premiums
      • Speculative construction: Who has the most to lift?
    • ► June
      • Is San Diego's skyline superhero-friendly?
      • Top U.S. Life Sciences Clusters Revealed: Did Your City Make the List?
      • San Diego hosts the 2014 BIO International Convention - the world's largest biotech gathering
      • Building a better mousetrap: Building features todays’ e-commerce users want
      • Value of San Diego multifamily housing starts reaches record high
      • Companies continue to choose San Diego
      • CI announces 2025 Capital Expansion Plan to address projected enrollment increase
      • Construction begins on Otay Mesa/Tijuana cross-border airport terminal
      • Innovation fuels the high-tech growth engine
      • Women Who Impact San Diego 2014
      • Law firms embrace innovation to improve real estate strategies
      • The IPO & the unicorn
      • Higher educational attainment levels - comparative advantage for San Diego
      • What do you want to be when you grow up?
      • Industry In[sight]er: Data Center
    • ► May
      • If money doesn't grow on trees, then where is it coming from?
      • How will the labor shortage in the tech industry impact U.S. real estate?
      • Value-add office assets available in San Diego CBD
      • Channeling Captain Kirk and applying the decision making process
      • Industry In[sight]er: Energy
      • Getting to know tech start ups through brewery tours
      • Who is the average San Diegan?
      • The next generation of commercial real estate brokers discuss market trends
      • Law firm trends shaping real estate strategies
      • JLL takes 4th Place for Healthiest Companies
      • Industry In[sight]er: Technology
      • Forbes names San Diego the best place to start a small business in 2014
      • A Full Service Approach to Benefit the Client
      • Who's leading absorption gains in the San Diego office market?
      • What makes the southern california retail real estate market so competitive?
      • Industry In[sight]er: Law Firms
      • A Liberating Approach to a Professional Brokerage Model
      • San Diego Q1 office sales volume highest in two years
    • ► April
      • JLL at SXSW
      • Above average San Diego sublease availability
      • The “buzz” that attracts the best employees may be different than you think
      • Tax day got you down? Don't worry you'll likely close a deal this month
      • Emmes Co. now owns four Downtown high-rise office projects
      • Law firms nationwide losing leverage to landlords on rental rates
      • Our Cities Research Center helps clients’ decide when and where to invest, develop and locate
      • Purchase or Lease? Chris Ross explores the pros and cons in San Diego Physician Magazine
      • Tourism growth shows San Diego is still America's finest city
    • ► March
      • Tony Russell recognized as a San Diego Young Influential
      • Overall leasing activity declined in 2013, but Downtown saw an upsurge in activity
      • Law firm workspace trends can increase profitabililty
      • Watch a video about our brand in a changing world
      • LEED buildings - sharp decrease in vacancy
      • JLL's 2014 U.S. Skyline Review assesses Trophy and Class A office market in 43 cities
      • #DesignYourSkyline contest for college-bound seniors
      • San Diego biotech IPOs surge in 2013
      • Large law firms countering stagnant revenue with growth
      • Civic San Diego president Jeff Graham joins JLL
      • Food trucks keep rolling in to San Diego
      • JLL's Top Producers in San Diego
      • Hello, JLL!
    • ► February
      • 2014 North American banking and finance outlook
      • Construction, educational and health services lead 2013 employment growth
      • Increased demand for suburban class B office - is now the time for "flight from quality"?
      • $161.5 million Coronado Bay Apartments sale recognized as the San Diego Deal of the Year by San Diego Daily Transcript
      • JLL's Jay Alexander weighs in on industry round table
    • ► January
      • Q4 2013 Asking Rental Rate Barometer
      • Can San Diego's craft beer craze 'brew' up industrial demand?
      • JLL's Cities Research Center offers new insights in new City Momentum Index
      • Tenant leverage slipping across the U.S. in 2014
      • Recovery continues with measured improvement of office market fundamentals in 2013 Q4
  • ► 2013
    • ► December
      • Hot San Diego multifamily market expected to continue attracting developer & investor attention
      • JLL brokers are optimistic about 2014 commercial real estate
      • Life Science M&A activity has hit San Diego real estate hard
      • San Diego investment market recovery outpacing economic recovery
      • 2014 development in San Diego will be sensitive to specific submarkets and industries
    • ► November
      • How will growth in the energy industry impact U.S. real estate in years to come?
      • San Diego's healthcare market should take a dose of stretegic planning
      • Five strategies to drive retail sales this holiday season
      • Jones Lang LaSalle launches San Diego Year-End Insights Video Series
      • ​Retail real estate development grows with energy sector
      • Construction Outlook for Fall 2013
      • Multifamily housing trends from US energy growth
    • ► October
      • Winds of change gusting through the U.S. law firm office landscape
      • US Energy Production Hotspots
      • The grass is greener: Green buildings LEEDing the way in San Diego
      • Change in U.S. energy production causes a ripple effect
      • Q3 2013 Asking Rental Rate Barometer
      • Availabilities eclipse vacancies in well-leased submarkets
      • Future-Proofing for Continued Success Down the Road
      • Government shutdowns and vacancy spikes: A historical account
      • Q3 2013 Market Commentary - JLL San Diego
      • Despite uptick in rents, hot submarkets still quite a distance from peak values
    • ► September
      • Buzzwords reveal still-improving San Diego office market
      • Smaller tenants continue to account for most of San Diego's active office requirements
      • San Diego: a healthy place for health services
      • U.S. High-tech Office Outlook 2013: Clustering continues across the country
      • Law firms' office leasing activity declining
      • Asking rent barometer
      • Even the hottest submarkets still offer free rent
      • Housing affordability in San Diego sinks again
      • San Diego talent dominates science and engineering fields
      • Q2 2013 broker market commentary
      • Q2 office stats report bundle
      • Welcome!

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