With its great weather, miles of sandy beaches, and major attractions, San Diego is known worldwide as one of the best tourist destinations. San Diego is also a location for cutting-edge businesses for telecommunications, biotechnology, software, electronics, and other major industries. Here’s why San Diego is a great place to live and work.
Small businesses are the backbone of San Diego’s economy. Nearly one-third of San Diego’s talented workforce over the age of 25 has at least a bachelor’s degree. The top industries in San Diego are manufacturing, defense, tourism and agriculture. Telecommunications, software and biotech are among San Diego’s fastest growing industries, and San Diego has become the nation’s center for wireless industries with the city being dubbed “Telecom Valley.”
Companies that call office space in San Diego home include BD Biosciences, Cytovance, Pfizer, Biogen Idec, Websense Inc., Merck and many more. Office space in San Diego has provided homes to over 400 biotechnology companies.
Office space in San Diego (in particular La Jolla and surrounding Sorrento Valley areas) is home to offices and research facilities for numerous biotechnology companies. Major biotechnology companies like Neurocrine Biosciences and Nventa Biopharmaceuticals are headquartered in San Diego office space, while many biotech and pharmaceutical companies, such as BD Biosciences, Biogen Idec, Integrated DNA Technologies, Merck, Pfizer, lan, Genzyme, Cytovance, Celgene and Vertex, have offices or research facilities in San Diego office space. There are also several non-profit biotech institutes, such as the Salk Institute for Biological Studies, the Scripps Research Institute and the Burnham Institute. The presence of University of California, San Diego and other research institutions helped fuel biotechnology growth. In June 2004, San Diego was ranked the top biotech cluster in the U.S. by the Milken Institute. As of 2009, there were approximately 1,940 full-time biological technicians employed in the San Diego/Carlsbad/San Marcos area.
The Downtown San Diego office space market continues to be a strong redevelopment area due to its numerous benefits and strong base of tourism. Kearny Mesa market has continued to be a strong office market for the San Diego area.