UTC, Eastgate and Del Mar Heights led office leasing activitylast year in San Diego. According to a new report fromJLL, the San Diego market had nearly 770,000square feet of net absorption in 2019 with demand concentrated inthose three submarkets. Of the nearly 726,000 square feet in newdevelopment, 90% is already preleased.

"Those markets are in a central location for employees,"Tim Olson, market lead and managing director atJLL, tells GlobeSt.com. "A lot of our higher quality and newproduct is also in those market segments. If you look at theindustries where we have seen robust growth over the last year orlast two years, it has really been our tech and life sciencesectors. Those three markets tend to play off of one another as faras the flow of tenants. The life science growth has been primarilyin the UTC, Eastgate, Campus Point and Sorrento Mesa submarkets,and in Del Mar Heights, absorption has been in the class-Abuildings but also in the new spec construction that is beingdelivered."