ASSET CLASS UPDATE, MARKET TRENDS, GROWING SUBMARKETS, AND FUTURE FORECASTS IN CRE
What You’ll Learn:
- Positive signs are emerging for the San Diego office market, with over 2.2 billion of venture capital raised by life sciences and tech companies. With office assets depreciating in many markets within California, why is San Diego seeing increased development activity and demand? Will this demand sustain long-term?
- In Q1 of 2022, the San Diego office market has seen an accelerated leasing volume of almost 3M square feet. Which tenants are we seeing come to San Diego? Who are we building for?
- Despite pandemic driven woes, the San Diego multifamily market is outperforming by coastal city standards; with occupancy increasing to 97.8 percent as of November 2021 and rents up 1.5 percent as of December 2021. With low supply and high demand for multifamily assets, how are industry experts mitigating the supply and demand imbalance?
- Which sub markets within San Diego are prime for investment and development opportunities? Which product types are market leaders bullish on?
- Where does the San Diego market stand in comparison to other California metropolitan areas?
