Demand for office space cooled in San Diego County for the fourth quarter of 2018 but the outlook for 2019 is favorable, according to commercial real estate brokers, while demand for industrial space finished the year on a mixed note.
BIOTECH: M&A in the Air at Contract Research Organizations
A crop of San Diego companies quietly play niche roles in drug development. But suitors have taken notice.
A 20-acre site in what was once farmland in the Twin Oaks Valley Region of San Marcos is being transformed into a campus for what will become a model development for providing services to the developmentally disabled.
Hera Hub will open a new coworking space in Temecula.
REAL ESTATE: Raw Land Scarce, Reuse Eyed in North County
Despite the shrinking inventory of raw land, demand for North County property is going strong, with low vacancy rates for industrial and office property.
DINING: Millennials’ Desire For Experiences Brings Them To Local Establishments Serving Alcohol In the Style Of When It Was Banned
While alcohol is completely legal today, speakeasy-style bars are making a comeback. From UTC’s Raised by Wolves to Kearny Mesa’s Realm of 52 Remedies to Noble Experiment located downtown, San Diego has seen a bunch of them pop up around the county lately.
Sudberry Properties is building so many apartment projects so fast that it is creating its own residential development division to oversee them.
Commercial Real Estate: Real Estate Investors Eyeing S.D.; Growth Rate of 15 Percent Predicted in 2019
San Diego will be one of the 10 hot spots in the nation in 2019 for commercial real estate investment, according to a company that provides environmental reports on commercial real estate property.
PROPERTY: Oversupply Said Not to Be a Problem; More Development Expected
East Village, the site of many a new luxury apartment tower, is getting something different — an apartment project that is relatively short at seven stories and not all glass and steel like many of its competitors.