Tag Archives: Leasing Activity

Expansionary leasing is driving supply constraints as tenants await 2016 deliveries [REPORT]

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With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.

This growth has left primary markets challenged by significant supply constraints, creating a competitive environment for tenants, with higher costs and fewer… Read More

Life Science Record leasing activity during the first half of 2015; 20%-25% year-over-year increase in Class “A” rental rates [REPORT]

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By Grant Schoneman
Vice President | Life Sciences Group
JLL San Diego

life-science-beaker-photo

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

Leasing activity within the San Diego life sciences cluster hit record levels in 2014 [REPORT]

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Major lab supply: Clusters of established lab stock with long-time industry presence

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 due in… Read More