Corporate Rentals In The San Diego Market

[John Arendsen]

This was inspired by another  on the same subject submitted by 

Neal Collins  that I just commented on but I wanted to expand on it and share it with a more direct BP audience.

This is indeed a subject that is of significant interest to me. We have some coastal properties that I was thinking about rent/leasing. My concept was to try and locate (perhaps the local recruiter idea is worthy) one local company in the tech or bio med/chem field as they are very pervasive in this market.

I would then work with them on a more exclusive basis in order to better maintain a more qualitative and responsible single tenant who would perhaps be more diligent inasmuch as they would be the exclusive lessee/renter.

I'm a little dubious about multiple renters because of local vacation rental ordinances and restrictions. However, leasing to one major corporation who would in turn make our properties available to their employees, clients or guests would circumvent any short term vacation rental concerns I think.

Your thoughts?