Who is Hurting & Who is Thriving in San Diego Commercial Real Estate

David Marino | Market Reports
November 9, 2020

Now that we are a full two quarters deep into the global recession caused by the COVID-19 virus, the effects of the pandemic are becoming crystal clear as to how it’s affecting the commercial real estate industry. Certainly, everyone understands that the retail, hospitality, travel and leisure and entertainment industry categories are completely distressed, to the extent that tens of thousands of businesses have already been lost and the retail real estate category is in complete chaos. However, one of the bright spots of this recession is that we have not seen a significant loss of the businesses in the region that occupy industrial, research lab and office facilities. While difficult to pin the causation, companies that operate in non-retail and non-hospitality facilities tend to be surviving, and in some cases thriving.

Get Smart!

John Jarvis | HM Blog
September 22, 2020

The year was 1965 when Art Gensler along with his wife and an associate founded the architectural firm in his name to specialize in corporate interiors. Gensler has since become a global powerhouse and a thought leader in the field of office design. Each year the firm comes out with an annual report, and with each annual report we seem to add to the lexicon of architecture and space design with clever descriptions of the workplace such as neighborhoods, agile workspaces, hot-seating and hoteling. I remember when “workplace strategy” became a thing, and I mostly dismissed it as a version of that old fancy-phrasing trick. For example, a 2005 article in the Journal of Corporate Real Estate defined workplace strategy as “the dynamic alignment of an organization’s work patterns with the work environment to enable peak performance and reduce costs.” Blah, blah, blah. Sorry about that chief, but this just doesn’t quite do it for me.