San Diego

Utah Tech Sector Attracts SoCal CRE Companies

Kelsi Maree Borland |

The emerging tech sector in Utah could be the beginnings of a market boom akin to that of Northern California.

SoCal Data Center Leasing Up 23%

Kelsi Maree Borland |

While the market saw strong leasing activity, secondary markets in the Western US are outpacing Southern California.

San Diego Multifamily Sales Double in 2H18

Kelsi Maree Borland |

After a slow start to the year, multifamily sales in San Diego surged in late 2018 with increasing price-per-square-foot.

Opportunity Zones, an Attractive Alternative to a 1031 Exchange

Kelsi Maree Borland |

Qualified opportunity zone funds have already averted demand away from 1031 exchange transactions as buyers see the similarity in benefits.

News

BioMed Realty Expands Life Sciences Holdings in Bay Area with New $135M Buy

John Jordan |

In conjunction with the purchase of the Emeryville Center for Innovation, BioMed Realty reports that Novartis will enter into a one-year leaseback on the existing building, during which time BioMed Realty will put forward redevelopment plans to transform the building into a Class A+, state-of-the-art multi-tenant laboratory and office facility.

San Diego, Third Largest Life Science Market in US

Kelsi Maree Borland |

Life Science employment in San Diego is double the national average at 13.5%, and venture capital investment is fueling more growth in the industry.

San Diego Industrial Rents Soar Past Prior Peak

Kelsi Maree Borland |

Industrial rents in the San Diego market grew 10.2% in 2018 and are up nearly 30% over the prior peak in 2007.

New Accounting Reg Will Lead to Shorter Lease Terms

Kelsi Maree Borland |

ASC 842 will require office lessees to recognize assets and liabilities associated with most leases, and it could encourage companies to adopt shorter lease terms.

How Dated Industrial Can Become a Class-A Facility

Kelsi Maree Borland |

CapRock Partners recent industrial value-add project shows the potential in redeveloping a class-A industrial property.

Why Investors Should Stay in Buy Mode

Kelsi Maree Borland |

Economic sentiment may be shifting, but with market strong fundamentals, it is still the time for investors to buy.