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How Incubator/Accelerator Space Affects SD CRE

SAN DIEGO—With overall life-science space vacancy here being below 7%, the incubator/accelerator business model fills a vital role in the market’s life-sciences real estate sector, CBRE’s Jon Engle tells GlobeSt.com EXCLUSIVELY.

Jon Engle Engle: “By entering into an incubator/accelerator, companies have the ability to preserve capital, be proactive with their real estate and focus on their core business, all while remaining flexible in anticipation of rapid growth.”

SAN DIEGO—With overall life-sciences space vacancy here being below 7%, the incubator/accelerator business model fills a vital role in the market’s life-sciences real estate sector, CBRE associate Jon Engle tells GlobeSt.com. The sector needs places for young companies to get their start and grow, and developers here are responding with the type of affordable space that will get them up and running in no time. We spoke with Engle exclusively about incubator/accelerator space in the life-sciences realm here and how it all works.

GlobeSt.com: What is the landscape of life-science incubator/accelerators in San Diego?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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