Posts by David Marino

San Diego Commercial Market a Snooze, other than for UTC & Biotech

on April 23, 2019

This first quarter of 2019 continued with a “ho-hum” reaction to the commercial real estate market in San Diego County, with one exception–the unprecedented recovery of both office and lab space in the UTC market. While total availability of all combined industrial, lab and office space countywide increased again slightly this last quarter, UTC alone had its availability rate literally cut in half from 16% at the end of 2018 to 8% at the end of the first quarter in 2019. Never before has a San Diego county office submarket improved so radically, so quickly, and broken away from the pack of all of the other submarkets.

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David Marino

David Marino is executive vice president of Hughes Marino, an award-winning commercial real estate company with offices across the nation. One of the top commercial brokers in all of Southern California, David possesses unrivaled, comprehensive market knowledge, and writes regularly about San Diego commercial real estate on his blog, Suburban Scoop. Contact David at 1-844-662-6635 or david@hughesmarino.com to learn more.

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