Insights & Resources San Diego Life Science

Field notes from the San Diego lab market.

Our quarterly market report, written by practitioners for the operators, founders, and advisors who hire them. Case studies and short-form analysis will follow.

Latest · Market Report

San Diego Life Science Market Report, Q2 2026

The inflection quarter. Core cluster vacancy posted its first demand-driven decline of the cycle, Class A rents held flat after fifteen quarters of decline, and the exit environment reopened with $3.2B+ in disclosed San Diego M&A. Submarket-by-submarket availability and rent trends, capital markets, leasing activity, and a founder playbook for structuring a lease around funding and regulatory milestones.

Published July 2026 · Authors: Miles Arnold, Chris Durbin · No email gate.
Core cluster vacancy
26.6%
First decline of cycle
Class A asking rent
$5.75
/SF NNN, flat 15 qtrs
Sublet available
1.23M SF
up modestly QoQ
Q2 VC funding
$624.7M
10 rounds
Source: Voit San Diego Life Sciences Q2 2026 Market Report.
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Past reports

Every quarterly report we publish stays available here. No email gate, no expiry.

Cover of the San Diego Life Science Market Report, Q1 2026
Market Report · Published April 2026

San Diego Life Science Market Report, Q1 2026

The quarter San Diego lab vacancy sat near cycle highs. Submarket availability and rent trends, capital markets, leasing activity, and a read on where tenant leverage was strongest heading into the second half of the year.

27.9% core cluster vacancy $5.75 /SF Class A asking rent $178M Q1 VC activity, 11 deals
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Next report: Q3 2026, publishing October 2026.