Where the Doctors Are in San Diego

Ross: “San Diego is the second most-expensive market in the country for healthcare providers, yet there is disparity between physician reimbursement rates in our community as compared to other similar counties with high cost of living and doing business.”

SAN DIEGO—The UTC submarket has by far the highest concentration of physicians in the county, while the entire 78 Corridor has had a disproportionately high amount of new medical-office development, JLL SVP Chris Ross tells GlobeSt.com. According to the firm’s Q2 medical-office report for the San Diego region, the four submarkets with the lowest vacancy rates are Kearny Mesa (4.1%), East County (5.0%), South County (5.7%) and Uptown/Hillcrest (6.2%), mainly due to next-to-nil development of multi-tenant medical-office product in these communities over the past 10 years.