San Diego State of the Market

Why This Matters

What You'll Learn About San Diego Office Growth and Multifamily Demand: 

• 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 submarkets 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?

How You'll Do More Business: Hear from industry leaders as they discuss the hottest asset classes including office and multifamily, which submarkets are prime for development opportunities, and trends impacting the San Diego market.
 

Why You Should Attend: Brokers, owners, developers, investors, construction, designers, architects, financial institutions, and government officials.

What Does Your Ticket Get You: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us. 

For questions, recommendations, comments or press inquiries please email our ​Texas & West Coast event producer, Amani Navarrette at Amani.Navarrette@bisnow.com.

Questions for Discussion

Panel 1: Life Sciences And Industrial: Discussing Developments, Investments, And Submarket Attractions

• Nationally life sciences and industrial real estate have seen record activity. What makes Southern California such a hot spot for both asset classes?
• What is currently in the pipeline for SoCal industrial and life science development? 
• When analyzing opportunities in the market how do life sciences and industrial asset types compare?
• Is there competition for land, tenants, or funding?
• Geographically where is the activity and is the competition for available space causing spillover into other submarkets?
• How are rezoning and redevelopments affecting supply & demand?
• At a high level, how have capital markets been evolving in San Diego compared to the rest of the nation?
• Are rental rates and vacancy rates declining from this time last year?
• Where are the strategic opportunities in asset investment and acquisitions?
• Is there retrading activity on the acquisition side?
• Has capital flow tightened or slowed?
• Life Sciences has seen extreme increases in demand over the last 2-3 years, what is the current temperature of the market and what’s next
• What about industrial? What is the next big step?
• What is a trend you’ve noticed in 2022 that you think will accelerate into 2023?

Panel 2: Construction Of Districts, The Evolution Of The Office, And The Demand For Multifamily

• When looking at the future of the San Diego Market, what are the most significant ways that the planning and development of large-scale districts influence the local and downtown area as well as the surrounding markets?
• The concept of the 15-minute city requires the integration of live, work, and play - what is the status of San Diego now in terms of having an appropriate mix, and what are the next steps the city will see towards the realization of the concept?
• Where in the greater San Diego market are residents most concentrated and where is there the most opportunity for multifamily growth and ROI?
• Considering the uncertainty of the national economy what is the current debt & equity landscape and how is it affecting regional deals across asset classes?
• When trying to attract large corporate end-users, tech tenants, and HQs, what are the most important factors to take into consideration?
• What are the biggest trends in the office market right now, and what is the workplace of the future going to look like?
• How crucial do you see the involvement of technology in the market's growth in the next 5-10 years, whether that’s the proliferation of smart IoT devices, fiber internet infrastructure, 5G mobile infrastructure, edge computing, etc.
• What’s one piece of advice you would give to investors looking to enter the market for the first time?
• They call San Diego the “City In Motion” – what does that mean to you, and what’s the most exciting trend or concept on the horizon that’s going to help keep San Diego moving forward?

Our Commitment to your Safety

We hosted more than 72,000 attendees live, in-person around the globe in 2021. Our commitment to safety is no different in 2022. Our events follow all local Covid-19 regulations and protocols. In the interest of the safety of all our guests, we recommend taking a rapid or PCR test for proof of negative results before attending any gathering.

We will update attendees should any regulations be updated before this event is held. We look forward to hosting you soon to do what we do best: network, connect, and engage to do more business.