San Diego

Most office users are planning a phased re-opening with 15% to 25% of employees returning in each phase.

In 2017, California legalized the conversion of existing buildings on single-family lots to ADUs and on January 1, 2020, the law expanded to allow every single-family homeowner to add both an ADU and a junior ADU.

According to Cushman & Wakefield, the downturn will be intense and short-lived, bringing a certain but nominal decrease in office activity.

Rules and regulations will vary greatly between asset classes, space configurations and usage.

Analysts expect the top life science clusters to have a long runway ahead, despite the market dislocation.

Tony Natsis of Allen Matkins says that proposed bill SB 939, up for committee vote tomorrow, is too broad in terms of protected tenant classes and restaurants are the tenants that need the most help.

The industry is already a major driver of economic growth nationally and in local markets like San Diego, and things are picking up.

Investors have continued to seek grocery-anchored assets in recent months because they have performed well during the crisis.