San Diego

Warehouse Wages Are Stalled in the Inland Empire

Kelsi Maree Borland | September 21, 2018

Warehouse wages are rising healthily throughout Southern California, except in the market that is quickly becoming a warehouse capital.

News

Avison Young Launches Life Sciences Group

John Jordan | September 19, 2018

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.

Why Office Along San Diego’s Trolley Line Is Growing

Kelsi Maree Borland | September 19, 2018

Millennials want access to transit at home and at work, and that is good news for Downtown, Mission Valley and UTC, San Diego’s most trolley friendly office markets.

SoCal Data Center Activity Up for 1H18

Kelsi Maree Borland | September 19, 2018

Data center activity totaled 5.2 megawatts in the first half of the year, and research shows the market is poised for more growth.

What San Diego Can Learn From Other Downtown Revitalizations

Kelsi Maree Borland | September 17, 2018

Downtown San Diego is hitting a growth spurt, but it is coming with the same growing pains of other downtown revitalizations.

Inside the ‘Explosive’ Growth in Otay Mesa’s Industrial Market

Kelsi Maree Borland | September 14, 2018

Otay Mesa has grown into a dynamic industrial market driven by trade with Mexico, a new border crossing and availability of quality industrial space.

Class-B Office Most Popular in Coastal Markets

Kelsi Maree Borland | September 11, 2018

Class-B office properties are driving investment activity in San Diego’s coastal office submarkets.

Is Prop 10 California’s Black Swan Event?

Kelsi Maree Borland | September 10, 2018

Prop 10, which would repeal Costa Hawkins, is being described as the biggest threat to the multifamily market.

San Diego Third Biggest Life Science Market in US

Kelsi Maree Borland | September 10, 2018

The life science market has grown rapidly in the last several quarters, making the San Diego market one of the largest in the country.

Carlsbad Is An ‘Underserved’ Retail Market

Kelsi Maree Borland | September 07, 2018

But, that is changing. Shea Properties is filling a much-needed void in the market for retail options, and the project is already 85% preleased.

The Missing Piece of DT San Diego’s Resurgence

Kelsi Maree Borland | September 06, 2018

Downtown San Diego is missing the ‘work’ in its live-work-play environment, but a new project is filling in the void.

DTSD Has Nearly 4,000 New Units on the Way

Kelsi Maree Borland | September 04, 2018

Downtown San Diego has seen a surge in new apartment construction, with a pipeline of more than 3,600 units, but the multifamily vacancy rate is the highest in the market.

2018 Will Be a ‘Solid Year’ for Apartment Sales

Kelsi Maree Borland | September 04, 2018

Investor sentiment has roared back this year, and investment sales activity is up in response to the strong demand.

Will the Tight Supply of Core Office Product Stall Sales?

Kelsi Maree Borland | August 30, 2018

Demand for core assets is deep and pricing is well above the last peak, but there limited supply of quality core assets.

News

Safety, Income & Growth Inks $105M in New Ground Leases

John Jordan | August 28, 2018

The latest transactions involve the company’s entrance into the Phoenix market and enhancing its presence in San Diego and the nation’s capital.

Will The Tight Industrial Market Kill the Craft Beer Industry?

Kelsi Maree Borland | August 27, 2018

Craft breweries are popping up throughout Southern California, but the tight industrial market is putting pressure on the business.

Lenders Increase 2019 Production Targets in Search of Yields

Kelsi Maree Borland | August 24, 2018

We sit down with Natalie Dahl, CBRE’s new managing director of investor services, to get a closer look at investment activity amid rising interest rates.

How Developers Can Fuel Revitalization, Not Disruption

Kelsi Maree Borland | August 23, 2018

On its Mercado del Barrio in San Diego’s Barrio Logan, developer Shea Properties has worked with the community to preserve the local culture of the neighborhood.

Big Box Retail Is Far From Dead

Kelsi Maree Borland | August 23, 2018

Discount retailers and fitness centers are driving strong activity in the big box retail space in San Diego.

Q&A

Inside the New Tax Plan’s Changes to Carried Interest

Kelsi Maree Borland | August 22, 2018

The new tax plan includes several changes to carried interest, and if you are issued profits, you need to establish holding periods as soon as possible.

Tech Companies Are Taking Over San Diego’s UTC

Kelsi Maree Borland | August 22, 2018

Close proximity to UC San Diego and top talent pools has turned La Jolla UTC into a technology hub.

Better Yields Draw Industrial Institutions to San Diego

Kelsi Maree Borland | August 21, 2018

CapRock buys 26 acres for industrial development in Sorrento Mesa as the industrial investment market begins to heat up.

SoCal Falls Short on Sustainability

Kelsi Maree Borland | August 16, 2018

Major West Coast markets top the list for the nation’s most sustainably powered cities, but Los Angeles and San Diego don’t even make the top 10.

Count on Strong Second Act in San Diego Office

Kelsi Maree Borland | August 15, 2018

Office absorption fell short of expectations in 1H18, but researchers say the second half of the year is the workhorse of the San Diego market.

The One Thing Office Tenants Want

Kelsi Maree Borland | August 14, 2018

Put back the ping-pong table. Internet with a quality connection is the number one amenity that office users are demanding today.

Is the Market Absorbing New Industrial Construction?

Kelsi Maree Borland | August 13, 2018

Leasing activity surged in the second quarter—rebounding from a slow first quarter—but the vacancy rate still increased, nearing 5%.

Investors Show Renewed Interest in Suburban Office

Kelsi Maree Borland | August 10, 2018

The tax cuts and a healthy local economy have renewed investor interest in suburban office product.

Mid-Size Users Drive Office Leasing

Kelsi Maree Borland | August 09, 2018

Leasing activity surged in the second quarter, and mid-sized office users lead the activity.

Sorrento Mesa Top Office Market This Cycle

Kelsi Maree Borland | August 08, 2018

The San Diego submarket dominated in leasing activity this cycle, accounting for 6.9 million square feet of leasing activity since 2013.

Manufacturing Is Booming—South of the Border

Kelsi Maree Borland | August 07, 2018

Mexico’s availability of skilled labor and lower wages are attracting manufacturers to head south.

San Diego Multifamily Rents Surge 5%

Kelsi Maree Borland | August 06, 2018

Apartment rents in San Diego increased 4.9% in the month of July, fueled by strong demand, compared to the national average of 2.8% apartment rent growth.

Why Office Investment Is ‘Tough’ In San Diego

Kelsi Maree Borland | August 03, 2018

Investors are finding limited office investment opportunities in San Diego with high barriers to entry.

Even In The Office Millennials Want an Experience, Not Stuff

Kelsi Maree Borland | August 02, 2018

To attract millennial talent, employers need to provide an experience—and it doesn’t have to be in a creative office space.

Why Have Office Rents Stalled?

Kelsi Maree Borland | August 01, 2018

Office rents were flat in the second quarter, despite strong leasing activity. New construction could be behind the stalled rents.

Retail Rates Hit Record Highs

Kelsi Maree Borland | July 31, 2018

Retail leasing activity climbed 14% in the second quarter, driving lease rates to record numbers.

Why Millennials Are Flocking to La Mesa

Kelsi Maree Borland | July 30, 2018

La Mesa has become a hub for young professionals as the market has seen significant revitalization.

Industrial Vacancy Wans in Second Quarter

Kelsi Maree Borland | July 27, 2018

The vacancy rate fell 20 basis points in the second quarter as a result of new deliveries, but the slip isn’t an indicator of weak demand.

North County Leads Industrial Activity

Kelsi Maree Borland | July 26, 2018

The North County market and the I-15 corridor saw the majority of industrial leasing absorption in the first half of the year.

Retail Owners Are Making Big Capital Investments

Kelsi Maree Borland | July 25, 2018

Donahue Schriber Realty Group is infusing $120 million into the Del Mar Highlands Town Center to renovate and expand the property.

Office Vacancy Finally Returns to Pre-Recession Lows

Kelsi Maree Borland | July 24, 2018

The office market in the second quarter fell below pre-recession levels to 10.6%, and it is on the way to hitting single digits.

How to Make Workforce Housing Projects Pencil

Kelsi Maree Borland | July 23, 2018

In the right market, it is possible to make new construction workforce housing projects pencil.

Every Property Needs a Website

Kelsi Maree Borland | July 20, 2018

Websites should be commonplace today for every property, but apps are also becoming the preferred way for tenants to communicate with management.

Life Science Investment Hits $500M in Q2

Kelsi Maree Borland | July 19, 2018

Life science capital investment in San Diego hit half a billion dollars in the second quarter with the biggest deals coming from

Office Tenants Want ‘Healthy-Lifestyle’ Spaces

Kelsi Maree Borland | July 18, 2018

While creative office has been the buzzword in office, but what office tenants are really after is healthy-lifestyle spaces.

Prop 65 Means Re-evaluating Existing Signage

Lisa Brown | July 18, 2018

In the second of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how amendments modify the safe harbor content and delivery methods for all Prop 65 warnings.

Prop 65 Amendments Take Effect on August 30

Lisa Brown | July 17, 2018

In the first of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how the new regulations of Prop 65 make the warning signage regulations stricter.

Industrial Investment Demand Surges In First Half

Kelsi Maree Borland | July 17, 2018

With $100 million in industrial deals closed this year, Stos Partners gives us an inside look at the rapidly moving industrial investment market in this EXCLUSIVE story.

How Property Managers Are Changing Every Asset Class

Kelsi Maree Borland | July 16, 2018

From retail and office to industrial, property managers are moving into the limelight at commercial properties, and tenants are taking note.

Alexandria Acquires 219 E. 42nd St. for $203M

Betsy Kim | July 13, 2018

The life sciences and tech REIT purchased the East Midtown property agreeing to a sale leaseback with Pfizer.

San Diego’s Waterfront Is Taking Shape

Kelsi Maree Borland | July 13, 2018

Pacific Gate by Bosa is the first super prime residential building to open on the waterfront, and it is revealing the future of the submarket.