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Trolley-Friendly San Diego Emerges

A new report from Cushman & Wakefield’s San Diego research team highlights the impact transit options have on commercial office properties. The report looked at three key trolley-friendly office submarkets in San Diego, including Downtown, Mission Valley and UTC.

Cushman & Wakefield’s Jolanta Campion says, “Currently, there is just 9.3 million square feet of office product countywide in San Diego located within a 5-minute walk of a trolley station, while that figure bumps to 13.1 million square feet if within a 10-minute walk. Largely composed of Class A space, these figures respectively represent 12% and 17% of the total 77 million square feet of office inventory in the region.”

She added, “The Mid-Coast Trolley Extension of the blue line will add another 3.8 million square feet of existing office space to our regional walkable counts, resulting in 22% of all countywide inventory that would be situated within a 10-minute walk of the trolley–mostly in UTC.”

The expanded transit system is fueling new development, too. There are more than 4,000 multifamily units under construction downtown, with another 7,000 proposed. Downtown also has more than 700,000 square feet of office construction and renovation, with more than 3 million square feet proposed.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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