San Diego

With limited supply and dynamic demand, industrial rents are expected to increase as much as 10% in the next 12 months.

With the renovation of older office product, class-B and –C buildings are seeing the lowest vacancy rates in the market.

San Diego had a record-breaking $594 million in venture capital investment in the first quarter, and most of it went to life science companies.

The short-term rental market has a wealth of benefits, and cities should start embracing them.

Restaurants and food service are the foundation for a strong tenant mix, then fitness centers and finally fashion boutiques.

The need for more quality, class-A product is fueling value-add industrial activity in San Diego, but, like land, the opportunities are limited.

Also at the property, the company successfully terminated its lease with the building ownership for 122,000 square feet that had previously been on the market for sublease by the membership warehouse operator.

Despite some slowed leasing activity this quarter, leasing activity in the San Diego market is record levels following a phenomenal 4Q17.