Sally Zesut Sally Zesut

San Pedro has always been an active and tight industrial market, but now, life science, biotech and ocean research companies are leading the office growth in San Pedro. Thanks in large part to ongoing development and growth at the ports, the office market in San Pedro has been tightening. This year, more development along the San Pedro waterfront and leasing activity from these industries will position the office market in San Pedro for more growth.

“Companies that call San Pedro home are enjoying the benefits of an expanding number of economical residential choices as compared to other Southern California markets, a growing base of retail options, and are looking forward to more amenities and improvements to San Pedro’s downtown and waterfront over the next year or so,” Sally Zesut, VP at Avison Young, tells “We expect to see additional life science, ocean research, biotech and other companies that benefit from the port, waterfront-adjacent real estate, and coastal Los Angeles location to give San Pedro serious consideration for their site selection needs.”

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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 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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