Excerpts from midpoint 2017 assessments from local experts in the multifamily segment:
Excerpts from midpoint 2017 assessments from local experts in the industrial segment:
Sizzling Market Downshifts Slightly;Trends Emerge in Submarkets
As the early months of 2017 unfold, it’s clear that demand for San Diego County commercial real estate remains strong, even if most sectors aren’t exhibiting red-hot characteristics like those seen during the past two years, particularly in the multifamily and industrial segments.
Companies Are Making Progress in Preventing Danger of Fire and Explosion
The new style of batteries powering automobiles, smartphones and military vehicles are certainly capable. And they pack more power than other options.
BIOTECH: Illumina Cultivates Relationship, Expands China Presence
Illumina Inc.’s top executives are building ties with the Chinese government as the San Diego company expands into the massive Chinese health care market. The scientific instrument company already has a campus in Shanghai, where it set up shop back in 2010. But business is suddenly booming. The company’s Shanghai office grew its headcount by 40 percent in 2015, and shipments to China increased by more than 60 percent in 2016.
BIOTECH: Companies Capitalize on San Diego’s Talent, Technology and Tenacity in the Sector
San Diego is internationally known as a hub for medicine makers, often saluted for the drugs being developed on the Torrey Pines Mesa. But when it comes to homegrown companies that employ thousands of San Diegans, many of the top performers over the last half-decade are not making drugs at all.
Local Cos. See Deep Pool Of Investment Dollars And Potential Access to Biggest Foreign Market
Local biotechs are increasingly teaming up with deep pockets in China, tapping flush investor groups that only recently became safe bets for companies guarding trade secrets. In the past 18 months, deal after deal has been announced with involvement from Chinese investors — a new trend for local life science companies that historically received very little cash from that part of the globe.
LAW: Patents Don’t Always Lead to Market; Candor Counts in Process
Get a patent, sell the product. Easy-peasy, right?
Clashes With Companies, Regulators Raise Question: Is San Diego-Based Co. FRAND or Foe?
It’s a fairly straightforward process. Modern-day Thomas Edisons dream up the invention. Their lawyers draw up the patent. And the technical splendor of that patent leads to a licensing agreement with Consumer Product Manufacturer X, which wants to use the invention in cutting-edge devices such as smartphones.
MARKETING: Museum, Petco and Music Keep Brewer Ahead of Game
Among local brewers apparently benefiting from a go-bigger strategy — on a local, national and global basis — is San Diego’s AleSmith Brewing Co. Owner Peter Zien said the Miramar-based company in 2016 saw approximately 30 percent growth from the prior year in both revenue and barrels brewed, reaching about 35,000 barrels.
Crowded Market, Limited Shelf Space and Other Factors Force Brewers to Have Solid Business Strategy
Brewers like Jim Crute, who has owned and operated Poway’s Lightning Brewery for the past decade, are finding that this is a critical time to assess their place in a craft beer industry where growth is slowing, and where retail shelf and tap space is getting increasingly tough to conquer.
HOSPITALITY: $7M In Redevelopment Spawns Dramatic Transformation
Among the latest additions to La Mesa’s burgeoning downtown restaurant scene is the full-service Farmer’s Table, billed as a “farm-to-fork” eatery with a menu emphasizing locally sourced meats and produce.