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The life science industry in San Diego saw record-breaking venture capital investment activity in the second quarter of the year, according to a report from CBRE. In total, life sciences received $423 million in venture capital investment. In total, the San Diego market received $501 million in venture capital investment, including tech and other sectors. The seven largest deals were in the biotech and pharmaceutical fields, and the largest deal went to Ansun BioPharma, a Torrey Pines-based clinical-stage bio-pharmaceuticals company, which received $85 million. While life science investment was up, tech investment slowed for the quarter. We sat down with Michael Combs, research manager at CBRE, to talk about the investment activity and how it is impacting real estate.

GlobeSt.com: What is driving this tremendous growth in life science investment?

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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