Where do asset management occupiers lease office space in San Diego?

Most cluster in UTC & Torrey Pines. Rent runs ~56 USD/sqft ($56 USD) for trophy and prime stock.

What fit-out spec do asset management occupiers run in San Diego?

Typically trophy at $270–410/sqft.

How much office space per seat should a asset management occupier plan in San Diego?

Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

What NAICS codes describe the asset management vertical?

Representative NAICS 2022 codes: 523930, 523920.

What is the talent index in San Diego?

86/100. Use the city profile for full detail.

Asset management occupiers in San Diego typically cluster in UTC & Torrey Pines, plan ~230 sqft per seat at trophy fit-out ($270–410/sqft), and pay around 56 USD/sqft ($56 USD) on Class A.

Preferred submarket: UTC & Torrey Pines.
Typical fit-out spec: Trophy ($270–410/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 56 USD/sqft ($56 USD).
Typical lease: 10 years with 12 months rent-free.
Talent depth in San Diego: 86/100.

Asset management office space in San Diego

Asset management occupiers in San Diego typically cluster in UTC & Torrey Pines, plan ~230 sqft per seat at trophy fit-out">fit-out ($270–410/sqft), and pay around 56 USD/sqft ($56 USD) on Class A.

TL;DR

Preferred submarket: UTC & Torrey Pines.
Typical fit-out spec: Trophy ($270–410/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 56 USD/sqft ($56 USD).
Typical lease: 10 years with 12 months rent-free.
Talent depth in San Diego: 86/100.

Where they cluster

Asset management occupiers in San Diego typically anchor in UTC & Torrey Pines. Life sciences, biotech, pharma, healthcare delivery, tech.

What they pay

Class A rent in San Diego runs 56 USD/sqft ($56 USD) on a 10-year lease with 12 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $270–410/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in San Diego typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Deep life sciences, biotech, defense, and intelligence talent. UCSD and the Salk / Scripps research cluster anchor. Deep naval and Marine veteran talent pool.

Tax and lease context

Headline corporate tax: 27.9%. Modified-gross structures with opex pass-throughs. 10-12 year terms common for life sciences. Free rent of 10-14 months and TI of $100-$160/sqft typical on a 10-year Class A deal; lab fitouts run materially higher.

Key facts

city	San Diego
industry	Asset management
naics	523930, 523920
preferredSubmarket	UTC & Torrey Pines
preferredFitoutSpec	Trophy
fitoutBand	$270–410/sqft
sqftPerSeat	230
classARentLocal	56 USD/sqft/yr
classARentUsd	$56/sqft/yr
vacancyPct	18.4%
typicalLeaseYears	10
typicalRentFreeMonths	12
talentIndex	86
corporateTaxPct	27.9%

Frequently asked questions

Where do asset management occupiers lease office space in San Diego?: Most cluster in UTC & Torrey Pines. Rent runs ~56 USD/sqft ($56 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in San Diego?: Typically trophy at $270–410/sqft.
How much office space per seat should a asset management occupier plan in San Diego?: Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?: Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in San Diego?: 86/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction