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New Amenities for Life-Science Space

SAN DIEGO—Restaurants that include a brewery concept, as well as athletic amenities like soccer fields, are springing up in life-science space in the San Diego market, JLL’s Grant Schoneman tells GlobeSt.com.

Grant Schoneman Schoneman: “There are currently numerous Chinese life-science companies looking to establish a footprint in San Diego.”

SAN DIEGO—Restaurants that include a brewery concept, as well as athletic amenities like soccer fields, are springing up in life-science space in the San Diego market, JLL SVP Grant Schoneman tells GlobeSt.com. This sector is becoming increasingly more significant as a percentage of San Diego’s total office/R&D space leased.

According to the firm’s Q4 life-science report, the four submarkets within the life-sciences cluster accounted for 1.53 million square feet of total gross leasing activity among 65 completed transactions, compared to 2015 figures of 1.70 million square feet leased among 62 completed leases. The 2016 leasing total accounted for a 16% increase from the five-year annual average in total square feet leased and an 11% increase in number of completed leases.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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