Keynote speaker Kelly Cunningham, economist and senior fellow at the San Diego Institute, kicked off RealShare San Diego. Kelly acknowledged the commercial real estate markets in the city and county of San Diego are facing the same challenging conditions as the rest of the country. But he noted that San Diego also benefits from its coastal location, a strong biomedical industry and a growing tourism base.
"I see San Diego continuing to grow," he said. "We will continue to add jobs."Cunningham's keynote address was followed by a town hall meeting that weighed in on the question, "How Will San Diego Fare in 2008?" His remarks and the town hall meeting were part of a combination of individual and panel discussions, keynote remarks and networking opportunities designed for commercial real estate professionals at Thursday's event.
Panelists agreed that the San Diego area, like the rest of the country, is in uncertain territory, and all said they see a turnaround starting sometime in 2009."It's amazing, when you get out of this forest that you're in, you see the trees," said Jay Alexander, senior vice president with Colliers International. "In 2010 you'll have a landlord market again."
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
