The San Diego medical office market continues to exhibit solid growth
Market conditions and trends
If there is one word to describe the current state of the San Diego healthcare real estate market and its growth, it is steady. Large lease and build-to-suit transactions have been limited, as most of the large healthcare providers have already established regional ambulatory centers in most areas of the county, and nearly all of the new medical buildings being constructed on hospital campuses are projects that health systems are developing themselves. Most of the leasing activity is coming from 3- to 6-physician practices as a higher percentage of doctors coming out of school or residency are either joining large systems or existing practices.
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