Even though Northern California is the cradle for the technology industry, Silicon Valley has matured beyond the garages from which it was born. According to JLL’s 2015 United States Technology Office Outlook, technology firms and startups aren’t just exploring new U.S. markets, they’re starting to plant roots.
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… Read More
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… Read More
JLL’s third annual Global Life Sciences Cluster Report was released this week at the 2014 Bio International Convention, a global conference of the life science industry held at the San Diego Convention Center this year, June 23-26. Cities like Boston, San Francisco and San Diego are at the top of the U.S. life sciences clusters list because… Read More
As a startup, its important to be located near the money, and certain regions offer greater access to venture capitalist firms than others. Access to these firms is essential in the early stages of the companies development. When these companies gain money not only do they grow in revenue but their real estate foot print also increases. Venture capitalists continue to view the technology industry as a good investment for future growth.… Read More
Recently, JLL’s Damon Melda, was featured in an article in U-T San Diego where he discussed his quarterly Microbrewery Tour that he hosts. A handful of tech startup CEOs, CFOs and some investors are invited to have fun, talk about beer and business. The tour allows him to bring people together with similar interests and gives him the opportunity… Read More