Leasing in San Diego’s life science market has fallen to its lowest level in 10 years during the past two quarters. The retrenchment has coincided with venture capital funding returning to pre-COVID-19 levels, the rapid rise in interest rates beginning last year and the seeming end of the pandemic, which drove investment in the region over the past several years. Economic uncertainty is a top-of-mind issue for many firms right now.
By Joshua Ohl
CoStar Analytics
October 2, 2023 | 4:53 P.M.
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IN THIS ARTICLE
- Properties
- Sorrento Summit II
7473 Lusk Blvd, San Diego, CA
- Building A
3020 Callan Rd, San Diego, CA
- Building 3
10935 Alexandria Way, La Jolla, CA