San Diego, CA

Longfellow Names New San Diego Head – San Diego Business Journal

Published

2 years ago

March 14, 2024

Longfellow Names New San Diego Head – San Diego Business Journal

SAN DIEGO – Longfellow Real Estate Partners has named a new managing director of the Boston-based company’s San Diego operations.
Peter Fritz replaces Nick Frasco, who was promoted to partner, West Division, where he oversees Longfellow’s growth throughout the Western U.S.

Fritz takes over Longfellow’s San Diego operations at a time when the life science real estate market is coming off a slow year.

Peter Fritz
San Diego Managing Director
Longfellow Real Estate Partners

“It’s no secret that the last 18 months have been tough,” Fritz said.
Vacancy rates for life science space in San Diego had risen to a countywide average of 12.4% at the end of 2023, with the vacancy rate reaching 28.5% in Sorrento Valley, according to Cushman & Wakefield.

The commercial real estate brokerage projected that “the significant decline in venture capital investment, layoffs from large life science users, and the absence of banks wiling to fund development loans will temper development.”

Even so, Fritz said that “our portfolio is stabilized with high occupancy.”

Strong Ecosystem of Life Science Buildings

When Longfellow entered the San Diego market in November 2018, the company went on a buying spree, scooping up office property and converting it to life science.

According to the company’s website, Longfellow has a San Diego portfolio of more than 4 million square feet.

Among its key San Diego holdings are the 515,354-square-foot SOVA Science District in Sorrento Valley and the 298,104-square-foot Biovista life science campus in Sorrento Valley that includes the California English restaurant by celebrity chef Richard Blais.

The company in September will complete Bioterra, a 323,403-square-foot life science campus in Sorento Mesa.

“We’re still very focused on the core market – Torrey Pines, UTC, Sorrento Mesa, Sorrento Valley,” Fritz said, adding that he is optimistic about the region’s life science industry’s prospects for growth.

“Certainly, long term, we’re very bullish on San Diego and on life science and life science in San Diego,” Fritz said. “There’s a lot of excitement that the later part of this year, going into 2025 is going to be really strong. From a commercial real estate perspective, there’s still some challenges to overcome.”

Overall, Fritz said that, “The science and innovation and the demand for new medicines is unchanged.”

San Diego is faring better than some of the other life science markets, Fritz said.

“There’s a strong ecosystem for the startups all the way to big pharma,” Fritz said, adding that he expects to see more partnerships between startup companies and big pharmaceutical companies.”

Fritz joined Longfellow in June 2019 as director of project management and development in San Diego and was promoted to senior director of development before becoming managing director.

Before he came to Longfellow, Fritz was vice president of Project Management Advisors, Inc. in the San Francisco Bay area.

Longfellow Real Estate Partners
FOUNDED: 2009
HEADQUARTERS: Boston
CEO: Adam Sichol
BUSINESS: real estate investment
EMPLOYEES: 200+
CONTACT: 918-838-7390
WEBSITE: www.lfrep.com
NOTABLE: Longfellow Real Estate Partners has invested in life science clusters across the U.S. and United Kingdom

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San Diego, CA

San Diego’s 6-month streak of a falling jobless rate comes to an end

Published

9 hours ago

July 17, 2026

Press Room

SAN DIEGO — San Diego County saw its six-month streak of a falling unemployment rate come to an end in June, as teachers went on summer recess, but the region still managed to eke out a small net gain in job growth last month. The latest figures from the state Employment Development Department show a jobless rate of 4.4%, up from 3.9% in May, but still lower than the county’s year-ago rate of …

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San Diego, CA

Daily Business Report: July 17, 2026, San Diego Metro Magazine

Published

21 hours ago

July 17, 2026

Press Room

Letter to the Editor: Apartment Vacancy Rates Paint an Incomplete Picture

By David Malcolm | Voice of San Diego

In last Saturday’s “Politics Report,” Will Huntsberry tackled the thorny issue of apartment vacancy rates (apparently the highest in this century) and the impact on affordability. He also correctly wrote that the city of San Diego needs “strategies beyond build, build, build.”

What’s Really Happening

My company owns and operates apartment rental complexes in San Diego County (San Marcos, Encinitas, La Jolla, El Cajon and South Bay) and in Temecula (Riverside County). Here is what we are seeing.

Base rents are stable … but offers of two months’ free rent are common. That is a de facto 16.7 percent reduction on annualized rents. Reducing base rents is not possible in the face of rent control measures and, even more importantly, bank loan covenants. Thus, concessions like two months’ free rent are not hard to find.

New study shows promising step forward in improving Parkinson’s treatment

by Nicole Abrams | Times of San Diego

A small molecule was found to increase the benefits and reduce the side effects of the standard drug for Parkinson’s disease, according to a new study from UC San Diego startup called Sinopia Biosciences.

L-dopa or levodopa is the main treatment for Parkinson’s disease, but its benefits wane over time and can cause involuntary movements called dyskinesia. About 90% of patients with Parkinson’s disease develop dyskinesia in 9 or more years of using L-dopa, and 70% develop motor fluctuations in 9 or more years of using the drug, according to the study.

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San Diego, CA

EXCLUSIVE: Ignition Press Welcomes eBay Live & Revenge Of to San Diego Comic-Con Ignition Pavilion

Published

1 day ago

July 16, 2026

Press Room

The Ignition Press – Ignition Pavilion is leveling up in a big way for San Diego Comic-Con this year.

Following last year’s successful debut, Ignition Press is expanding its offsite with several major new partners, transforming the Ignition Pavilion into a hub for comics, collectibles, livestream shopping, food, and drinks. The free experience at the San Diego Wine & Culinary Center (200 Harbor Dr.) will now feature activations from eBay Live and Revenge Of, alongside the return of Seven Seas Roasting Company and several new fan experiences.

One of the biggest additions this year is a dedicated eBay Live selling lounge, where livestreams will broadcast throughout the convention, bringing Comic-Con to fans around the world.

Stop by throughout the week to find live sketches and signings with comic legends Bill Sienkiewicz (hosted by Big Clutch) and Jim Lee (hosted by ANZ Collects), while Storage Wars star Rene Nezhoda will showcase a rare PSA-pedigreed collection of vintage, Silver Age, and Bronze Age comics.

Fans can also tune in for the debut of an exclusive DC x eBay Live Absolute Batman & Absolute Catwoman connecting cover, shop signed Ignition Press SDCC exclusives, rare comics, and other collectibles, and catch appearances from fan-favorite creators and influencers throughout the weekend.

The Pavilion also welcomes Los Angeles lifestyle brand Revenge Of, making its San Diego Comic-Con debut with a curated comics and pop culture experience, while its sister company, FTB.Design, is handling the Pavilion’s production design.

“Both eBay Live and Revenge Of TV are going to give both fans onsite and at home the opportunity to get in on special programming and chances to get SDCC exclusive merchandise,” said Creative Director Jeremy Haun. “We’re doing something new, big, and different here at the Ignition Pavilion. You’re not going to want to miss it.”

Coffee lovers can once again grab a free drink from Seven Seas Roasting Company between 12pm-4pm, Thursday through Sunday, by signing up for the Ignition Insiders newsletter. The first 200 fans each day can redeem a voucher for coffee, espresso drinks, chai, or tea.

Later each afternoon (Thursday-Saturday, 5pm-7pm), the coffee bar transforms into the Ignition Pavilion Happy Hour, serving themed cocktails, beer, wine, mocktails, and complimentary drink tickets with qualifying purchases. Fans can also preorder a limited-edition bottle of Ignition Proof Rum, created in partnership with Los Angeles distillery The Obscure.

The Ignition Pavilion is free and open to the public at the following times: