Avison Young in San Diego
Avison Young opened its San Diego office in March 2013, under the leadership of Jerry Keeney. The San Diego office offers a full suite of services including tenant representation, agency leasing, project Office Overviewmanagement, capital markets, and development services. Avison Young’s asset and property management team is located at the renowned San Diego Tech Center in Sorrento Mesa.
The San Diego agency leasing teams specialize in leasing office buildings, industrial, and flex spaces in San Diego and South Riverside Counties. The tenant representation teams specialize in leasing office, industrial, flex, and life science facilities across the submarkets of Torrey Pines, UTC, Sorrento Valley, Sorrento Mesa, and Miramar.
Whether you are an owner, investor, occupier or developer, we deliver results aligned with your strategic business objectives, supporting real estate initiatives that add value and build competitive advantage for your organization.
|Transaction Management||Landlord Representation||Real Estate Development|
|Tenant Representation||Capital Markets||Management and Advisory|
|Consulting and Advisory||Mortgage Services||Design Management|
|Facility Management||Investment Sales||Construction Management|
|Project Management||Property Management|
|Enterprise Solutions||Investment and Asset Management|
Avison Young Life Sciences Group
The Avison Young Life Sciences Group is a team of professionals whose focus is advising clients in the life sciences industries, including biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, environmental and biomedical devices.
Our professionals have decades of experience covering all sectors - pharmaceutical, biopharmaceutical, biotechnology, and medical devices – and all asset classes – R&D, manufacturing, distribution, and office. With clients spanning San Diego, we help to leverage the local market and effectively navigate a dynamic landscape in order to improve margins, maximize productivity, and remain competitive in every sector.
We serve a broad range of clients in the life sciences industry, including Ligand Pharmaceuticals, Wellspring Biosciences, Calibr, Invivoscribe, and Sorrento Therapeutics.
Encompassing 4,200 square miles in the southwestern corner of California, San Diego County is home to over 3.3 million people. It is the second most populous county in California behind Los Angeles County, and is growing at a rate of 6.6%. Formed in 1850, San Diego County is an intricate mix of the historical and modern.
San Diego County’s main economic engines are military and defense-related activities, tourism, international trade and manufacturing. The presence of the University of California at San Diego (UCSD) with the affiliated UCSD Medical Center have helped make the area known for biotechnology and research. Two of California’s 53 Fortune 500 companies are headquartered in San Diego County. In 2014, the region produced over $200 billion in goods and services, indicating that San Diego has fully recovered from the economic downturn. San Diego’s biotech and engineering sectors have led the local economic growth, creating high-paying jobs and investing in research and development.
A variety of academic and applied research institutions are located in San Diego County. The region has the ninth most educated workforce in the United States. Forty percent of residents aged 25+ hold a four-year bachelor’s degree or higher. Additionally, San Diego County has a homeownership rate of 53%, on par with the California average. San Diego County is a lively and affluent region that enjoys a high quality of life. The median age of San Diego residents is 35, and the median household income for a family of four is $67,400.
World-renowned attractions such as Balboa Park, San Diego Zoo, Legoland, Gaslamp Quarter, and Old Town San Diego draw more than 35 million visitors annually. Visitors spend nearly $10.4 billion annually, generating more than $704.6 million annually in state and local taxes. Additionally, the 76-mile coastline along San Diego County boasts some of the most scenic beaches in the world.
With breakthrough technology companies and research organizations, the largest military concentration in the world, and a strong tourism industry, the San Diego region has one of the most diverse, dynamic economies in the country. San Diego County has an overall office market base of more than 87 million square feet with consecutive quarters of positive net absorption. The region consistently transacts nearly 2 million square feet of leasing activity quarterly, with vacancy levels below California averages. More than 150 companies are headquartered in San Diego County with strong bases in the manufacturing, defense, technology, biochemistry, medical, and creative sectors.
San Diego County is home to major retail centers, including The Village of La Jolla, Old Town, Cedros Design District in Solana Beach, Little Italy on the border of Downtown, Hillcrest in Uptown, the Gaslamp District and Orange Avenue in Coronado. Favorable climates, ideal geography and a strong spending core have long characterized the retail landscape in San Diego County.
The 140 million square feet industrial market base in San Diego County is one of the most robust in the country. The region is dominated by manufacturing, particularly in the areas of shipbuilding and repair, industrial machine and computers, metals production, and the manufacture of toys and sporting goods. The region’s economy has been tied to the San Diego Bay, a natural harbor which today is one of California’s five major ports. It is an important link in the nation’s international shipping trade.