Why San Diego Life Science Will Rebound First

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.”