“San Diego — The high demand for biotech office space in San Diego is boosting the confidence of traditionally cautious landlords.”
- “… landlords are more willing to gamble by starting construction early because the current market shows a surplus of tenants looking for office and lab space. The market easily absorbs that demand with speculative building and redevelopment.”
- “Rather than waiting to build a project until a tenant is lined up, life science construction companies are building sprawling campuses based on speculation alone.”
- “The most popular biotech buildings in the market right now range in size from 40,000 to 100,000 square feet and there are 1.1 million square feet of redevelopment projects under construction.”
Citation & Link to Article and Picture: Callahan, Katie. Betting On Biotech. San Diego Business Journal. N.p., 2 June 2016. Web. 06 June 2016. http://www.sdbj.com/news/2016/jun/02/betting-biotech/?page=1&