Patrick Ashton

SAN DIEGO—San Diego can satisfy the demand for quality office space long term “without a doubt,” since the city's lifestyle of work hard/play hard has put companies on the world platform as a hub to have their businesses located here, JLL's senior research analyst Patrick Ashton tells GlobeSt.com. According to a recent report from the firm, healthcare, life-science, scientific and technical lease deals have dominated the office market in San Diego this year, with these deals combined accounting for 53% of the total leasing activity in San Diego so far this year.

Northrop Grumman and MedImpact have been expanding, driving most of the office demand in the large-headquarters office sector. Five tenants in the market have signed for spaces greater than 100,000 square feet, and leasing activity remains robust in the market, with office-space deals signed so far totaling over 4.9 million square feet.

We spoke with Ashton about how San Diego is catering to its dominating office industries, what is attracting these industries to the market and how the region can satisfy office-space demand long term.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.