“An unprecedented effort to recruit tech talent from Silicon Valley down to San Diego will launch early next year, with hopes of legitimizing San Diego’s technology brand and adding some fuel to the startup fire.” ‘“San Diego has to become a more recognized technology brand,” Krenn said. “We need to make an impression in Silicon […]
Google opening office in San Diego
“Google has signed a lease for nearly 60,000 square feet of office space in Sorrento Mesa, expanding its Southern California footprint into San Diego for the first time.” “I think it’s fantastic for San Diego,” he added. “The more we have these brand-name tech companies here, the better it is for the macro environment.” “San […]
Experience-Based Retail Driving Outperformance of High-Quality Malls
“Forget e-commerce as being the root cause for the widening gap between weak and strong shopping centers. MetLife, a major buyer recently of high profile retail centers, said the millennial generation is heavily influencing the fortunes of commercial real estate and the retail sector and will continue to do so for the next half century.” […]
Revitalization Comes In Bottle, Growler
“With craft demand rising among city residents and visitors — and production space running out in Vista, San Marcos, Escondido and other stops along state Route 78, aka the Hops Highway — Oceanside now appears to be cashing in.” “The bulk of venues with significant on-site beer production are in or near the city’s industrial […]
Port District Releases 6 Proposals for Seaport Village Site
“The Unified Port of San Diego has released six proposals for developments targeting 70 acres of prime downtown San Diego waterfront property, including the current site of the iconic Seaport Village.” ” Plans by a locally based group known as Protea Waterfront Development for a project including hotels and retail; a ride called The Spire; […]
Meeting the Demand Keeps Rents High at Medical Offices
San Diego — Rising demand for care services, along with limited new construction in high-demand submarkets, continue to make San Diego County a friendly place for owners of medical office buildings The local region saw $167 million in medical office property sales transactions during 2015, up 25 percent from 2014 and on par with record […]
San Diego Ranks Third Nationally for Clean Tech Leadership
Excerpt from article: San Diego’s ranking was determined by its high scores in the following categories: advanced transportation (third), carbon electricity and carbon management (third), clean tech investment, innovation and workforce (fifth), and green buildings (19th) San Diego has over 1,000 LEED and Energy Star buildings and 14,366 electric vehicles, a 680 percent growth over […]
Big Development Opportunity Draws a Crowd of Contenders
Excerpt from article: The Unified Port of San Diego has no shortage of companies looking to be part of what eventually replaces the iconic Seaport Village, on a portion of the downtown San Diego waterfront that spans 70 acres “This is one of those development opportunities that only comes around every 50 or 60 years,” […]
Into the Spotlight – National Investors Find Deals in San Diego Market
For the year ending June 30th San Diego recently placed 24th in a global ranking of cities based on commercial property investment dollar volume. The tally represented a 47 percent jump from the prior 12-month timeframe. Moreover, based on some ultra-high-price-tag deals of the past few weeks, it looks like San Diego is inclining for […]