Suburban Scoop
David Marino on San Diego Commercial Real Estate
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Developers Race to Meet Demand as Lab Space Vacancies Evaporate
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The life science industry in San Diego is smoking hot, to the point that we are now seeing a near-shortage of available lab space in the region. Huge injections of capital from private investors, along with a wide-open window for life science IPOs, have left biotech, medical device and diagnostics companies flush with cash. These…
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One of the most rewarding aspects about working with commercial real estate tenants lies in the lasting relationships we form with our clients. The grand opening of ecoATM’s new 53,000 square foot facility on Barnes Canyon Road perfectly exemplifies this rewarding experience.
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Recently I led a presentation alongside Jerry Engen, SVP of Development at Westfield Shopping Centers, discussing the future of San Diego’s University Towne Centre (UTC) neighborhood. Suffice to say, the developments already underway, and those poised to begin, are going to absolutely transform this already upscale submarket of San Diego.
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One of the coolest things about working in the commercial real estate business is that there is always something new to discover. Just when you think “well, maybe now I’ve seen it all,” you’re reminded that the opportunity for innovation in office space is absolutely unlimited.
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More than a year ago, we were approached by Deaf Community Services of San Diego to help locate a new corporate headquarters for their organization. DCS had outgrown their current Hillcrest space, and needed a facility that would better serve San Diego’s deaf and hard-of-hearing community.
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Further proof that San Diego has established itself as one of the top destinations in the world for biotech research, I recently had the privilege of touring the newly constructed J. Craig Venter Institute, which, I must say, is nothing short of spectacular. Located at 4120 Torrey Pines Road on the UCSD campus, the J. Craig Venter Institute was designed…
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Earlier this month I hosted a presentation with representatives from Gensler, the global design and architecture firm, focusing on workplace trends and the ways corporate interiors are being used to drive productivity and culture. Joining me on the panel were Kevin Heinly, Managing Director of Gensler’s San Diego Office, and Claudia Salazer, Workplace Design Director for Gensler.