San Diego Snapshot – October 17, 2017

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Healthcare, Life Science, Scientific, and Technical industries drive San Diego office in new leasing activity

  • The Healthcare, Life Science, Scientific, and Technical lease deals have dominated the office market in San Diego thus far in 2017, with five deals having signed for spaces over 100,000 square feet.
  • Healthcare and Life Science combined with Scientific and Technical deals account for 53 percent of the total leasing activity in San Diego. Northrop Grumman and MedImpact have been expanding, driving most of the office demand in the large headquarter office sector.
  • San Diego leasing activity remains robust in 2017, office space deals signed so far are totaling over 4.9 million square feet.

Patrick Ashton
Senior Research Analyst
858 410 6346

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