- Throughout San Diego, all commercial real estate property segments have seen an increase in average asking rents year over year. … Read More
Q1 life science venture capital funding totaled nearly
On the heels of its recently-completed overhaul of Enclave Sorrento, California-based McCarthy Cook, in partnership with New Jersey-based Prudential Real Estate Investors, is underway with major renovations at The Towers, a four-building office campus located just off the 805 Freeway at Mira Mesa Boulevard in San Diego’s Sorrento Mesa technology hub.
Designed by Gensler,… Read More
By Grant Schoneman
Vice President | Life Sciences Group
JLL San Diego
Leasing activity continued on a record pace during the first half of the year, with a total of 1,117,903 square feet of completed transactions that accounted for 646,183 SF of positive net company growth. To put this into perspective, the average first-half leasing activity… Read More
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
California’s prominence as a global hub for manufacturing is often underestimated. Yet, with seven well-defined geographic clusters specializing in all areas of manufacturing output, keeping a watchful eye on the golden state may offer some insight as to where the industry is headed next. What you find in this report may surprise you.