Biotech and telecommunications are leading the charge in thecounty, where forecasters are optimistic that the expansion willcontinue well into the next year, Jerry Holdner, VP of marketingfor Voit Commercial Brokerage, tells GlobeSt.com.
The local economy added an estimated 36,000 jobs in 1999 and ison pace to add another 30,000 in 2000. San Diego County's joblessrate was 3% in September--a command performance compared to thestate's already low rate of 4.8%.
Even with the expectation of an economic slowdown and newconstruction waning, demand still remains strong, as evidenced bythe almost 7.7 million sf of industrial, research & developmentand office absorption this year.
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