
Downtown Dirt
The Inside View from Jason Hughes
Can Life Science Save Downtown San Diego?
Jason Hughes on July 14, 2020

Downtown San Diego office space availability is at a 30+ year high at 34%. Meanwhile, tenant leasing is at an all-time low. And downtown tenants are shedding space at an unprecedented rate. These are all, on their own accord, terrifying facts for downtown landlords. Put all together, it’s a triple witching hour of huge pending property devaluations.
Just when things couldn’t get any worse, out of Torrey Pines comes a potential savior! That’s right–Life Science!
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Jason Hughes is chairman and CEO of Hughes Marino, an industry-leading commercial real estate firm that exclusively represents tenants and buyers. Jason has written well over 100 articles, is a real estate resource for the Wall Street Journal, and has been profiled in dozens of local and regional publications. Jason is a pioneer in the field of tenant representation, and has been a vocal advocate for the interests of commercial tenants for more than two decades.