Companies See ROI Gains in New Tech Spaces
Make no mistake, things like bocce ball courts or state-of-the-art gyms or great restaurants or even surf board storage along with unique spaces are really what high-tech and biotech tenants want. Just ask Avison Young's Jerry Keeney, who is leading our discussion on this very topic during our San Diego Biotech Real Estate event, July 30, this Thursday, at the Sheraton San Diego Hotel & Marina, starting at 8am. “If you're the best talent, you have a choice,” Jerry says. “That is the most important thing. It's not that you have the most power to power machines to crank out widgets. It's can you get the most people together working collaboratively.” And that's because corporate America is discovering that, if you keep your employees at the office instead of leaving for lunch or meetings, there's a real payoff. “If you can keep them there, you're going to get a better ROI.”
It's why developers like Alexandria Real Estate Equities will invest in a former Qualcomm facility. Through redevelopment, the firm recently secured a lease with Eli Lilly to create a creative biotech campus there (which we reported here). Join Jerry along with OncoSec Medical's Punit Dhillon, Alexandria's Dan Ryan (here), DGA Architect's Nancy Escano along with others for our San Diego Biotech Real Estate event, July 30, this Thursday, at the Sheraton San Diego Hotel & Marina, starting at 8am. Sign up here!
