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Last quarter, tech investment his another record high in San Diego. According to research from CBRE, tech investment in the market totaled $259.5 million with two thirds of the capital allocated to software and web companies and the remaining third to hardware services. Life science, oddly, only accounted for $76.2 million of the total tech investment—unusually low activity for the industry.

“In just the first quarter of 2019, we have already met two-thirds of the total tech investment from 2018,” Andrew Ewald, first VP at CBRE, tells GlobeSt.com. “With that under our belt, we will likely pass aggregate venture capital and private equity investments. The real question is: will we see another massive unicorn investment in the tech field, or many smaller ones?”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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