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The life science market is a pillar of the San Diego economy. The city is the third largest life science hub in the country, and has fueled growth and investment in recent years. Now, the life science industry is also helping to buffer San Diego from the impact of the coronavirus pandemic. Life science companies are essential businesses and remained relatively operational through the worst of the pandemic, many of the companies are bullish on their future. As a result, leasing activity and investment has already started up again.

“Life science is going to get through this relatively unscathed, especially in San Diego,” Chris Duncan from Voit Real Estate Services tells GlobeSt.com. “We are the third largest life science community in the country, and we have seen a huge influx of private capital and institutional capital chasing life science properties in San Diego. I think these owners are certainly bullish on the market, and there continues to be a lack of product in the market.”

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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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