Market Highlights

• Despite low levels of leasing activity in San Diego, construction continues to soar with a significant amount of pre-leasing taking place.
• Real estate developer Alloy Properties recently completed its 290,000 square foot office to life sciences conversion at 10201-10241 Wateridge Circle in Sorrento Mesa.
• The City of San Diego launched the Life Science Industry Pilot Program which aims to revitalize and expand the life sciences presence in San Diego by speeding up building permit processing for new and existing biotech programs.

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