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16 www.sdbj.com MAY 24, 2021

SPECIAL REPORT: COMMERCIAL REAL ESTATE The Time is Now for South County Region Seen as the Most Exciting and Promising Area for Growth „ By RAY HUARD

South County’s time has come, according market at the end comfortable and bullish on Otay Mesa be- Like Sudberry, Parker said he’s seeing ten- to economists and real estate professionals. of this year or in ing a desirable location,” Lewkowitz said. ants from other submarkets taking a hard “It’s an exciting time for South County rel- early 2022, said Although hardly due entirely to Amazon, look at South County. ative to the rest of the county. This is the last Ann Moore, Chula “South County is becoming much more “We’re seeing a lot of new migration to developable horizon,” said Kevin Mulhern, a Vista’s representa- sought after,” Lewkowitz said. “I’d say no that market, tenants from Central San Di- senior vice president at the commercial real tive on the San Di- one wanted to meet with me 15 years ago ego County,” Parker said. “We don’t see near- estate brokerage CBRE. ego Board of Port and now all of a sudden I’m popular.” ly as much geographic specific requirements Lynn Reaser, chief economist at the Commissioners. A move by some manufacturers to bring from tenants.” Fermanian Business & Economic Institute “It’s our time. I their businesses closer to home by opening Ryan Spradling, at Point Loma Nazarene University said think after a num- plants in Mexico instead of more remote an executive vice “South County represents one of the re- ber of years, it’s Ann Moore locations – so-called near-shoring, also is president of the gion’s most excit- really our time. Commissioner driving up demand for warehouse space commercial real es- ing and promising These projects are Port of in Otay Mesa. tate brokerage JLL, areas for growth.” starting to come to “Our Tijuana market brokers have been said the push to “It’s more afford- fruition and there will be a renaissance of busier than ever finding new locations for South County for able housing, devel- the South Bay,” Moore said. “This is real- manufacturing,” Lewkowitz said. “That industrial devel- opments to accom- ly the beginning.” type of move is obviously a huge move, opment is likely to modate tourism A milestone for the Bayfront project was bringing a manufacturing plant from Chi- continue. and conventions, reached earlier this year with the opening na to Tijuana, but we believe it will benefit “If you were to Ryan Spradling and its proximity Sun Outdoors RV resort. the Otay market.” look at the next Executive Vice to Mexico position “That was really a building block for us, a three years, the ma- President JLL it well for econom- Lynn Reaser very important project, a very beautiful proj- New Tenants jority of future de- ic gains. Its housing Chief Economist ect,” Moore said. The largest industrial project completed velopment is going to be in the Otay market,” will help give em- Fermanian Business Two big pieces in the first quarter of 2021 in the county Spradling said. “It’s definitely skewed toward ployers the workers & Economic Institute of the development was in Otay Mesa, according to Colliers, the South County market.” they need, while the region develops as a ma- activity in South the 227,268 square-foot Majestic Sunroad Through 2024, Spradling said about 10 jor hub for tourism, trade, warehousing, and County are indus- Center built by Majestic Realty Co. and million square feet of industrial space is ex- manufacturing,” Reaser said. “A decade ago, trial and housing Sunroad Enterprise. pected to be built in South County compared South County attracted little attention, ex- development. Majestic and Sunroad also are build- to 1.2 million square feet in North County, cept from local boosters. Today, it has moved “It’s the only ing the 845,830 square-foot Landmark at 563,000 square feet in Central County and into the spotlight for developers, businesses, place that has a lot Otay industrial park in Otay Mesa, due 156,000 square feet in East County. and people seeking more affordable homes.” of industrial land to be finished in the third quarter of 2021. “For projects that are already entitled and left and the price “That’s the largest industrial develop- essentially under construction, investors are A Place with Everything Alan Nevin of industrial land Director of Economic ment that we’ve seen in San Diego Coun- coming in and paying pretty big numbers to Just wait, because there’s more to come, there is far more and Market Research ty in years and that’s going to be just a get control of those projects. That’s new for said James O’Callaghan, executive direc- reasonable than Xpera Group state-of-the-art warehouse distribution San Diego. They’re saying, ‘hey, when you tor of the South County Economic Devel- elsewhere in the facility project and if we’re lucky, we’ll complete your building, we’ll buy it.” opment Council. county,” said economist Alan Nevin, direc- lease it out before the certificate of occu- Brant Aberg, ex- “There’s a lot of opportunity here today, tor of economic and market research for pancy is completed just as we did with the ecutive managing but there’s going to be more in the coming Xpera Group. previous project Majestic Sunroad built,” director of the com- years,” O’Callaghan said. “Long term, if “There have been several major (proper- Lewkowitz said. mercial real estate you’re looking for a place to locate, South ty) owners who are now starting in the de- Also of note, Sudberry Properties is brokerage Cush- County has every- velopment process,” Nevin said. building the 453,350 square-foot Cali- man & Wakefield, thing.” fornia Crossings industrial park in Otay said South Coun- Kelly Brough- Bullish Investors Mesa and just finished the 95,500 square- ty’s industrial mar- ton, Chula Vista Colliers International commercial real es- foot Otay River Business Park in Chula ket “has benefitted deputy city man- tate brokerage in its first quarter report on Vista and Murphy Development is building tremendously from ager, said his city industrial development noted that 5.7 mil- the 229,063 square-foot Brown Technol- completed freeway Brant Aberg is seeing consider- lion square feet of industrial buildings were ogy Park, due to be finished in the third and road infrastruc- Executive Director able activity in the under construction countywide, the biggest quarter of 2021. ture, which has sig- Cushman & Wakefield core downtown, of which is a 3.3 million square-foot dis- Colton Sudberry, president of Sudber- nificantly changed spurred in part by tribution center for Amazon in Otay Mesa, ry Properties, said Otay Mesa is drawing the landscape and draw to the market.” a $9 million to $10 due to be finished in the second quarter. companies like his because it’s one of the Otay Mesa also has “a highly diverse and million overhaul of Kelly Broughton Amazon also has a lease out for 850,000 last areas in the county with large blocks robust labor pool” that makes the area at- the streets and side- Deputy City Manager square feet of land near the distribution of industrial land available. tractive to industrial developers and tenants, Chula Vista walks, and streets- center for employ- “There’s not that many available sites Aberg said. cape along 3rd Avenue. ee parking and is in in the county that are bigger than 20 or “It’s really made the whole 3rd Avenue dis- escrow on an ad- 30 acres that are entitled today,” Sudber- New and Affordable trict a lot more cohesive in the way it feels,” ditional 60 acres ry said. On the housing side, Meridian Develop- Broughton said. “We’ve had a lot of infill of land in Otay The scarcity of land elsewhere also ment is finishing up commercial that’s going on.” Mesa, said Mark is driving up demand in South County, its Millenia project Among the biggest South County proj- Lewkowitz, a se- drawing “more tenants than wouldn’t have in Chula Vista that ects is the $1.1 billion Chula Vista Bayfront nior vice president ordinarily come to South County,” Sud- will have nearly Resort. of Colliers Interna- berry said. 2,700 units in a mix The project would include a 1,600-room tional. Eric Parker, a vice president of CBRE, of apartments and and a 275,000 square foot convention “With Amazon said that in the 20 years that he's been for-sale product. Mark Lewkowitz center to be operated by Gaylord and locating in Otay Senior Vice President working the South County region, he’s “The project is built by the Port of San Diego, the city of Mesa, it seems for Colliers International never seen demand for industrial space probably 80%-plus Chula Vista and RIDA Chula Vista. the 15 years I’ve as strong as it is this year. complete,” said Guy Final financing documents should be been working there, there’s more legitima- “It’s hard to drive down there without Asaro, president and Guy Asaro ready for court validation “in the next cy to the market. It seems like the capital getting run over by a truck or a bus,” Park- CEO of Meridian President and CEO month or so” financing bonds going to and institutional investors are much more er said. Development. “It’s Meridian Development MAY 24, 2021 www.sdbj.com 17

been tremendously successful both on the rental side and the for-sale side.” Millenia includes a 200-unit afford- able apartment complex by Chelsea Development Corp. “The project is de- Kent Aden signed around civic President infrastructure, de- HomeFed signed around ur- Communities ban scaled projects,” Asaro said. “No residential unit is outside of a three-block walk to a park.” Millenia also includes, a 130,000 square- foot shopping center. A 138-room Ayers Ho- tel, 8,000 square-feet of commercial space on the ground floor of an apartment complex and an additional 29,000 square feet of retail space around a park, Asaro said. There’s also a new fire station for Chula Vis- ta and a bridge across Eastlake Parkway to a Rendering courtesy of the Port of San Diego school site. The $1 billion Chula Vista Bayfront project is expected to be a catalyst for further development in South County. “It’s largely subur- ban in context. This National City also have seen several housing uncertainty in the office market. president who has been a retail broker in project was always and mixed-use projects built of late or on the His plan is to build the project in three South County for more than 30 years. designed to be the horizon. stages, starting with the groundbreaking later “Currently in the way of new development, core of the eastern “One draw to this year on a 168,000 square-foot building there really isn’t anything coming on the hori- territory (of Chu- South County is on what he’s calling the two-building THINK zon,” Yetter said. “There will be retail com- la Vista), kind of stable renters,” said campus. ponents to the Chula Vista waterfront but the core of a mini Kevin Nolen, a bro- Asaro of Meridian Development is opti- that’s still a way’s out and I’ve not seen any downtown,” Asaro ker with Cushman & mistic about expanding South County’s of- marketing on that yet.” said. “South Coun- Kevin Nolen Wakefield. fice offerings said, On the redevelopment side, Yetter said the ty is the value prop- Broker “We were talking “We’re working hard on the office side on catch is that the demand is there but there erty, more afford- Cushman & Wakefield with a group about our own and with Lee to attract the office isn’t much to buy. able than the rest of how their portfolio market. I’m confident that it will be success- “It’s a matter of prying the properties loose,” the county but also the infrastructure in new. of properties fared ful.” Yetter said. “I have plenty of people interest- The schools are new. The infrastructure is new. during the COVID Joe Yetter The new housing developments that Me- ed in investing in National City and Chula The shops are new. Everything down there is crisis, which prop- First Vice President ridian and others are building provides a Vista. It’s a matter of someone willing to sell.” well maintained to I think that’s part of the erties saw the least CBRE rich talent pool that Daniel Fitzgerald, direct of the Center for acceleration of the market of South County.” amount of non-paying tenants and which should draw office Business Advancement at Southwestern Com- Jimmy Ayala, San Diego division president properties saw the highest,” Nolen said. “The tenants, he said. munity College in Chula Vista, said he’s seen of Tri Pointe Homes, said that Otay Mesa “is response was that the properties in South “It’s going to take an uptick of people starting new businesses probably the most dynamic community in all County actually fared the best, the tenants con- one decent-sized in South County now that COVID-19 re- of San Diego right now.” tinued to pay and there was little disruption.” tenant and then that strictions are easing. “Otay Mesa is really growing with a bal- will be the ‘aha’ mo- “Since about mid-February, we’re helping a anced community. In Otay Mesa, you really An ‘Aha’ Moment ment,” Asaro said. lot of folks starting their business and consis- have an opportunity with the housing that’s On the office side, the biggest South Coun- “You’re sandwiched tently, we're getting 15 to 20 requests a week,” being built that’s really middle income. That’s ty project in the works is Lee Chesnut’s plan between downtown Fitzgerald said. a differentiator right now.” for what he’s rebranded Smart Park, a proj- and the border, the Daniel Fitzgerald Logistics – shipping and delivering goods Tri Pointe is build- ect that could have 1.5 million square feet of pacific rim and the Director continues to predominate the business sector, ing the 1,100-acre office space geared toward companies work- maquiladoras. The Center for Business, but Fitzgerald said that the rapid develop- Ocean View Hills ing with automated vehicle research, drones synergy is there. It’s Southwestern College ment of housing projects is feeding the busi- community in Otay and other automated projects. not a matter of if. It’s a matter of when.” ness environment, Fitzgerald said. Mesa with 4,048 Chesnut originally proposed the project For now, with a few exceptions, most of “It creates the demand for retail and person- housing units. The in 2018 as a general office park but switched the latest activity in the South County re- al services. You have people who need a place company has plans to target a more specialized market coming tail sector has been renovations and redevel- to shop and to get their haircut. That certainly for another proj- out of the COVID-19 pandemic that created opment, said Joe Yetter, a CBRE first vice creates the market,” Fitzgerald said. n ect with up to 5,000 home sites, Ayala said. Kevin Mulhern “I’m a great pro- Senior Vice President ponent of South CBRE County. It’s a great place to live and grow up in,” said Ayala, who was born in National City and raised in Chula Vista. As with the industrial market, South County is attractive to housing developers such as Me- ridian because there’s land to build on. “The South County brand is really strong regionally when you look at the availability of land,” Asaro said. Kent Aden, president of HomeFed Commu- nities, said residential development in South County took time to mature. “Because of the extensive planning process that was done 30 years ago, they’ve been able to implement a wide variety of housing types in all price ranges,” Aden said. “We’re still able to hit a price point where a lot of our buy- ers are military, teachers, and first respond- ers. That’s just not happening in other places in the county.” Photo courtesy of Mountain West Realty Downtown Chula Vista and downtown Urbana, built in downtown Chula Vista by Mountain West Realty, is among new residential developments in South County. 18 www.sdbj.com MAY 24, 2021

BUILD BETTER SAN DIEGO RI NG South County’s Largest Construction Projects Are Valued at More Than $600 Million 1 1. 8TH & B STREET Location: 8th & B St., National City Description: Eight story, 130k SF mixed-use, 2. HOTEL DEL CORONADO: THE 127 residential units (94 studios, 11 one- BUILD 1,080 bedroom units, 12 two-bedroom units, 7 three- VICTORIAN bedroom units and 3 four-bedroom units), 6.4k CONTRACTORSCost: $120 Million SF of retail space, 4k SF of office space and 29k SAFER Location: 1500 Orange Ave., Coronado SF of parking & mechanical storage space. Description: 223.2k SF; the project will Developer: Malick Infill Development & Protea Properties include a new main entrance to the hotel Contractor: Cannon Constructors South Inc. and 150 condo-hotel guestrooms with Filipino American Hwy Architect: The Miller Hull Partnership, LLP significant conference center facilities. Estimated Completion: Q3 2021 The project will also include extensive landscape, water and other site features. BUILD Developer:1,600 BRE Hotels & Resorts Contractor: Swinerton Architect:AGREEMENTS Leo A Daly 13. NEW ELEMENTARY VILLAGE NO. 3 Estimated Completion: 2022 UNION Cost: $32.9 Million H St. Location: 1145 Camino Prado, Chula Vista 3. HOTEL DEL CORONADO: THE VIEWS Description: New 64.4k SF elementary school serving the growing community of Chula Vista. Campus will include classrooms, Cost: $142 Million Third Ave. Location: 1500 Orange Ave., Coronado administration offices, multipurpose rooms and outdoor play area. Description: 169k SF; renovation of the North and South Developer/Owner: Chula Vista Ocean towers including 100% MEP & FS upgrade as well as Elementary School District BUILD 4 L St. Contractor: Balfour Beatty exterior facade (including finish, fenestration and railings) and all interior build out. Architect: Ruhnau Clarke Developer: BRE Hotels & Resorts Architects with Contractor: Swinerton Estimated Completion: Q2 Architect: Gonzalez Architects 2022 Estimated Completion: Q3 2021

Palomar St.

Silver Strand Blvd. 4. CASA ESTÍLO East Orange Ave. Location: 795 Third Ave., Chula Vista Orange Ave. Description: Five-story L-Shaped mixed-use building. The project will include 142 apartment units, café, fitness center, yoga studio, pool, other outdoor amenities, separated 7. LANDMARK AT OTAY commercial space for retail leasing Cost: $100 million and 139 subterranean parking spaces. Location: The intersection of SR-905 and SR-125 in Otay Developer: MountainWest Real Estate Mesa Palm Ave. Palm Ave. Architect: Tucker Sadler Architects Description: A 50-acre industrial center will feature Estimated Completion: 2022 845,830k SF of Class-Ay development across four buildings ranging in size from 154k SF to 241k SF with ample dock high and ground level doors, trailer and car parking. Developer: Majestic Realty and Sunroad Enterprises Estimated Completion: Q4 2021 5. BROWN FIELD TECHNOLOGY PARK Otay Mesa Rd. (BUILDINGS A AND C) Jacob Dekema Freewa Cost: $100 million Location: Britannia Blvd, San Diego Description: 52- acre corporate industrial and office park in Otay Mesa. Building A will feature 105k SF industrial space and Building C will feature 124k SF industrial space. Developer: Murphy Development Company Estimated Completion: Q3 2021

UNITED STATES 6. AIRWAY INDUSTRIAL PARK Location: 8150 Airway Road, Otay Mesa Description: The 137k SF distribution center is zoned for MEXICO industrial use and will be designed for single-tenant or multi- 8. OTAY MESA tenant occupancy. Features 32-inch ceilings and 137 auto INDUSTRIAL PARK parking spots. Developer purchased the 7.81 acre improved Location: northwest corner land parcel in 2019. of the SR-125 and SR 905 interchange on Otay Mesa Road Developer: Rockefeller Group Description: The industrial park will include buildings Estimated Completion: Q2 2021 ranging from sizes 35k-135k SF and will be available for lease and sale. Construction is slated to begin during the second quarter of 2021. Developer: Phelan Development MAY 24, 2021 www.sdbj.com 19

2,700 SAN DIEGO RI NG MEMBERS South County’s Largest Construction Projects Are Valued at More Than $600 Million 1. 8TH & B STREET

Location: 8th & B St., National City 12. THE AVALYN- MILLENIA Description: Eight story, 130k SF mixed-use, MULTIFAMILY 127 residential units (94 studios, 11 one- Cost: $112.9 Million bedroom units, 12 two-bedroom units, 7 three- 1,080 Location: 1774 Metro Ave., Chula Vista bedroom units and 3 four-bedroom units), 6.4k Description: Eight building, 528k SF multi-family SF of retail space, 4k SF of office space and 29k and mixed-use development, 480 apartments, CONTRACTORS SF of parking & mechanical storage space. 16k SF commercial and amenity space. Developer: Malick Infill Development & Protea Properties Developer: Ryan Companies Contractor: Cannon Constructors South Inc. Contractor: Ryan Companies Architect: The Miller Hull Partnership, LLP Architect: ARK Architects Estimated Completion: Q3 2021 Estimated Completion: Q1 2023 1,600 11. MILLENIA Location: 1610 Millenia Ave., Chula Vista AGREEMENTS 13. NEW ELEMENTARY VILLAGE NO. 3 Eastlake Pkwy. Description: Mixed-use development; includes homes, Cost: $32.9 Million E. H St. Location: 1145 Camino Prado, Chula Vista apartments and business spaces. The community will also Description: New 64.4k SF elementary school serving the growing include a shopping center with a plethora of restaurants, community of Chula Vista. Campus will include classrooms, retailers and a hotel. administration offices, multipurpose rooms and outdoor play area. Telegraph Canyon Rd. Developer: Meridian Development Developer/Owner: Chula Vista Architect: Various architects Elementary School District Olympic Pkwy. Contractor: Balfour Beatty KEY Architect: Ruhnau Clarke Highway Architects Street Local 89 Millenia Ave.12 Estimated Completion: Q2 Birch Rd. Valentine Macedo 2022 East Palomar St. (619) 263-6661 11 local89.org

East Orange Ave. 13

10. AMAZON DISTRIBUTION CENTER 7. LANDMARK AT OTAY Location: Otay Mesa rd. & Enrico Fermi Dr., San Diego Cost: $100 million Description: 3.4M SF; a four-story distribution center that Location: The intersection of SR-905 and SR-125 in Otay would be among the largest industrial buildings in San Diego Mesa County is being built for Amazon on a 65-acre site with 1,854 Description: A 50-acre industrial center will feature parking spaces. Roughly 1,500 jobs will be created at the 845,830k SF of Class-A development across four buildings facility. ranging in size from 154k SF to 241k SF with ample dock Developer: Seefried Properties high and ground level doors, trailer and car parking. Estimated Completion: Q2 2021 Developer: Majestic Realty and Sunroad Enterprises Estimated Completion: Q4 2021 5 8 Otay Mesa Rd. 7 9 10

6 Britannia Blvd.

9. CROSSINGS Location: Northwest Corner of Otay Mesa Road and Harvest 8. OTAY MESA Road INDUSTRIAL PARK Description: A two-building, 450k SF industrial development Location: northwest corner near the U.S.-Mexico border. Across 29 acres, the industrial of the SR-125 and SR 905 interchange on Otay Mesa Road space will feature minimum clear heights Description: The industrial park will include buildings 30-32 feet, concrete truck yards, a small ranging from sizes 35k-135k SF and will be available for mezzanine build out, 126 dock-high doors lease and sale. Construction is slated to begin during the and nine grade-level doors. second quarter of 2021. Developer: Sudberry Properties Developer: Phelan Development Estimated Completion: Q1 2022 20 www.sdbj.com MAY 24, 2021

Submarket Existing Buildings Inventory SF Vacancy Rate 12 Mo Net 12 Mo Net Under Constr SF Market Rent/SF Absorp SF Delivered SF

Mira Mesa/Miramar 806 18,226,852 3.9% 39,546 0 $1.47 Otay Mesa 351 16,733,896 6.1% 469,162 327,899 5,245,773 $0.90 Carlsbad 494 15,879,961 9.3% 327,325 119,150 $1.46 Kearny Mesa 633 15,493,518 5.1% -126,063 10,200 $1.66 Vista 593 14,491,372 8.3% -124,738 0 $1.10 Sorrento Mesa 238 10,637,440 8.1% 549,746 -83,084 $1.99 Oceanside 437 10,348,965 3.0% 33,913 0 $1.09 Chula Vista 403 10,194,943 4.2% 61,006 103,500 66,860 $1.22 El Cajon 530 10,035,578 3.8% -135,428 0 $1.19 Poway 248 9,733,128 1.0% 526,789 533,950 $1.33

Market Statistics Market Totals 8,775 198,999,290 5.1% 1,956,360 1,044,098 5,617,658 $1.43

INDUSTRIAL All 8,775 198,999,290 5.1% 1,956,360 1,044,098 5,617,658 $1.43 Flex 1,947 51,622,299 7.6% 534,699 -3,884 330,937 $2.10 Logistics 3,529 81,308,876 4.6% 1,230,138 1,052,920 5,136,571 $1.18 Specialized 3,299 66,068,115 3.7% 191,523 -4,938 150,150 $1.24 Source: CoStar Data as of Dec. 31, 2020 space stands at 3.6% countywide, 160 basis points Analysis lower than a year ago. The hot spot for new building continues to be Otay Market Conditions Mesa, with 5.35 million square feet of industrial Net absorption for industrial was the highest since space under construction. Q3 2018, reaching more than 1.4 million square feet. Eight buildings totaling 445,260 square feet were The vast majority of occupancy gains were record- delivered in Q1 and were 89% pre-leased. More ed in North County, with an e-commerce company than two-thirds of the remaining under construction Vacancy Under Asking moving into 222,000 square feet in Vista. inventory was pre-leased at the end of the quarter. Rate Construction Lease Rates Leasing activity and sales volume, however, has Large transactions included Amazon leasing turned sluggish, starting the year below normal 191,000 square feet in Chula Vista. Net levels. Absorption In sales, KKR & Co. bought Three Piper Ranch for Across the region, the market is the tightest for man- $57.8 million or $173 per square foot. The facility ufacturing space with direct vacancy of 3.5%, 70 ba- has 333,400 square feet of rentable building area. sis points lower than a year ago. Distribution space has the highest vacancy rate at 5.5%, an increase Sources: CBRE, Cushman & Wakefield, Voit of 80 basis points since last year. Vacancy for R&D

Submarket Existing Buildings Inventory Vacancy 12 Mo Net 12 Mo Net Under Market Rent/SF SF Rate Absorp SF Delivered SF Constr SF

Downtown 238 13,995,090 20.0% -80,451 347,729 1,069,690 $2.89 Kearny Mesa 288 11,684,677 12.4% -110,699 340,000 $2.60 Sorrento Mesa 134 9,388,684 10.1% -44,429 -21,932 194,910 $3.16 UTC 93 8,761,310 9.4% -337,990 0 369,000 $3.86 Carlsbad 339 7,659,854 14.7% 54,035 13,268 $2.90 Mission Valley 138 7,342,607 15.1% -533,503 0 3,681 $2.70 Rancho Bernardo 133 7,072,839 14.3% -189,307 0 $3.01 East County 707 5,725,690 4.4% 22,006 86,000 $2.22 Del Mar Hts/ 83 5,139,199 16.2% 98,914 288,484 228,662 $4.30 Carmel Valley

OFFICE Chula Vista 272 3,444,299 6.2% -6,332 -4,000 $2.58 Totals 5,525 118,722,502 11.9% -1,770,480 1,191,839 2,027,770 $2.91 Market Statistics Market All 5,525 118,722,502 11.9% -1,770,480 1,191,839 2,027,770 $2.91 Class A 308 39,554,033 16.1% -351,975 990,548 1,732,262 $3.51 Class B 2,050 55,883,582 11.4% -1,152,050 241,352 295,508 $2.72 Class C 3,160 23,259,371 5.8% -257,963 -40,061 $2.28

Source: CoStar Data as of Dec. 31, 2020 Direct office vacancy was 14% at the end of Q1 Analysis 2021, up 2% from a year ago. Market Conditions Class A asking rents increased by 1.6% to $3.87 per square foot, while Class B rent decreased by Some 3.7 million square feet of office space — spread 2.1% to $3.30 per square foot. among 25 properties — was under construction in the region. Approximately 85% of that inventory was specu- The top lease went to Apple, which leased an entire lative. Downtown had the lion’s share of space under 135,000 square foot building in the Rancho Vista construction, with approximately 2 million square feet. Corporate Center in Rancho Bernardo. The tech Under The Torrey Pines submarket followed at a distant sec- company also leased a 63,400 square foot build- Construction ond with approximately 500,000 square feet. ing in the University Towne Center neighborhood.

Prior to 2020, the San Diego office market had not Key office sales included the Promontory in Ran- Vacancy Net Asking had more than 2 million square feet under construc- cho Bernardo. Peregrine Realty Partners bought Rate Absorption Rents tion since 2008. the property, with 98,000 rentable square feet, for $33 million or $336 per square foot. Tech and life science oriented development is time- ly as these companies continue to attract record Sources: CBRE, Cushman & Wakefield, Voit breaking venture capital investments. MAY 24, 2021 www.sdbj.com 21

Submarket Market Existing Inventory SF Vacancy Rate 12 Mo Net 12 Mo Net Under Market Buildings Absorp SF Delivered SF Constr SF Rent/SF Escondido San Diego - CA 856 9,829,072 5.2% -142,965 0 6,574 $2.13 Chula Vista San Diego - CA 748 9,037,468 5.9% -235,371 23,420 5,459 $2.43 El Cajon San Diego - CA 846 8,607,778 5.1% -80,687 -16,878 17,000 $1.80 Clarmnt/KM/Tierrasnta San Diego - CA 502 7,623,926 4.7% -193,637 22,240 $2.35 Mid City/SE San Diego San Diego - CA 1,239 7,416,287 2.8% -34,563 -1,550 15,000 $2.03 Oceanside San Diego - CA 715 7,414,237 6.3% -23,825 3,143 59,612 $2.28 Carlsbad San Diego - CA 380 5,747,448 8.3% -184,481 0 22,000 $3.39 Cardiff/Encinitas San Diego - CA 424 5,402,690 3.9% -54,999 -1,800 3,100 $3.26 Mission Valley San Diego - CA 117 5,266,636 3.1% -46,001 18,000 38,000 $3.82 Vista San Diego - CA 551 5,217,860 6.3% -70,048 0 35,440 $1.97 Totals San Diego - CA 13,830 139,051,388 5.4% -1,621,713 -519,152 773,373 $2.54

RETAIL All San Diego - CA 13,830 139,051,388 5.4% -1,621,713 -519,152 773,373 $2.54 General Retail San Diego - CA 9,601 56,752,662 3.9% -509,271 -866,916 325,773 $2.38 Market Statistics Market Mall San Diego - CA 183 12,911,350 6.4% -139,693 233,000 300,000 $3.31 Neighborhood Center San Diego - CA 2,308 44,722,126 6.9% -587,885 6,648 23,200 $2.54 Other San Diego - CA 38 1,875,794 6.5% -21,631 0 $2.71 Power Center San Diego - CA 374 11,704,587 5.3% -287,312 74,659 81,812 $2.85 Strip Center San Diego - CA 1,308 10,901,015 6.3% -45,782 33,457 42,588 $2.11 Source: CoStar Data as of Dec. 31, 2020

Neighborhood retails centers were where the most Analysis vacancy was, with 8.7% of space available. Strip Market Conditions centers and lifestyle centers had 8.3% and 8.1% availability, respectively. Regional centers had 5% COVID-19 continued to hamper the retail market availability and power centers 4.1%. at the beginning of the year, but the situation im- proved significantly late in Q1, spurring optimism Leasing activity appeared to be stabilizing, most for the remainder of the year. recently driven by fitness centers and health and Net Under social service providers. Absorption Construction The regional retail market saw 1.28 million square feet of negative net absorption in 2020. This is Key sales included the Zion Market property in more than double the largest annual negative net Kearny Mesa. McGrath Development sold the Vacancy Asking absorption total reported in the past decade. In 1Q 128,000 square foot space to Hammer Ventures Rate Rents 2021 there were 804,000 square feet of negative for $66.5 million, or $519 per square foot. net absorption. Key leases included a new, 24,100-square-foot New leasing was active, reaching 528,000 square property in the 600 block of Rancho Santa Fe feet in Q1. Road in San Marcos, leased to Planet Fitness. Sources: CBRE, Cushman & Wakefield, Voit

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McCarthy Building Companies, Inc. 9275 Sky Park Ct #200 | San Diego, CA 92123 858.784.0347 | mccarthy.com UCSD - FRANKLIN ANTONIO HALL La Jolla, CA. 22 www.sdbj.com MAY 24, 2021 GENERAL CONTRACTORS  Ranked by 2020 gross revenues THE LIST from San Diego County offices GENERALRanked by 2020 gross CONTRACTORS revenues from San Diego County offices Gross Contracts revenues: awarded: Largest project Rank Company (millions) (millions) # of employees under construction: # of offices: Address 2020 2020 as of 4/1/2021: Square footage Local Top local executive (Last Website 2019 2019 S.D. County Cost Statewide Headquarters year) Phone % + (-) % + (-) Companywide (millions) Companywide Year est. locally Balfour Beatty US 1 10620 Treena St., Suite 300, $564.85 $535.22 275 Logan Memorial Education Complex 1 Brian Cahill San Diego 92131 $200.66 $280.29 4,500 266,000 11 , Texas (8) www.balfourbeattyus.com 181 91 $180.25 32 1983 858-635-7400 DPR Construction $395 $335 Scott Sass 5010 Shoreham Place, 497 na 1 Brian Gracz 2 San Diego 92122 $343 $475 na 7 15 (29) 6,500 Redwood City, CA (2) dpr.com na 29 1992 858-597-7070

Clark Group UCSD North Torrey Pines Living and 525 B St., Suite 250, GENERAL$368.6 CONTRACTORS$465 1 Jim McLamb 3 188 Learning Neighborhood San Diego 92101 $584.78 na 4,660 1,500,000 6 Bethesda, Md. (1) www.clarkconstruction.com Ranked by 2020 gross(37) revenuesna from San Diego County$510 offices 15 2004 619-578-2650 Gross Contracts 10-story with basement level, 415,000 revenues: awarded: sq. ft structureLargest with connectingproject bridges Rank CompanyMcCarthy Building Cos. Inc. (millions) (millions) # of employees at multipleunder levels. construction: This project also # of offices: 4 Address9275 Sky Park Court, Suite 200, $349.172020 $195.832020 as of 4/1/2021:224 includes aSquare CEP expansion footage and new Local1 Top Robertlocal executive Betz (Last WebsiteSan Diego 92123 $204.082019 $9252019 S.D.2,474 County helistop and willCost be utilizing OSHPD Statewide6 HeadquartersSt. Louis, Mo. (7) www.mccarthy.com 71 (79) 17 2005 year) Phone % + (-) % + (-) Companywide CRC(millions) process. Companywide Year est. locally 858-784-0347 415,000 Balfour Beatty US $420 10620 Treena St., Suite 300, $564.85 $535.22 275 Logan Memorial Education Complex 1 Brian Cahill 1 SwinertonSan Diego 92131 $200.66 $280.29 266,000 11 Dallas, Texas $315.84 $677.5 4,500 Simone Little Italy, a multi-family high 5(8) 16798www.balfourbeattyus.com W. Bernardo Drive, 181 91 310 rise residential$180.25 project. 321 Mark1983 Payne San858-635-7400 Diego 92127 $315.68 $326.4 4,700 612,579 9 Concord, CA (4) www.swinerton.com 0 108 $143.45 20 1993 858-622-4040DPR Construction $395 $335 Scott Sass 5010 Shoreham Place, 497 na 1 Brian Gracz 2 HenselSan Diego Phelps 92122 $343 $475 Sharp Healthcare -na Chula Vista - Ocean 7 9404 Genesee Ave., Suite 140, $272.1415 $496.2(29) 6,500 1 RedwoodBrad Jeanneret City, CA 6(2) dpr.com 220 Viewna Tower 29 1992 La858-597-7070 Jolla 92037 $327.55 $367.2 5,000 197,000 4 Greeley, Colo. (3) www.henselphelps.com (17) 35 $192.5 16 1985 619-717-8650Clark Group UCSD North Torrey Pines Living and 525 B St., Suite 250, $368.6 $465 188 Learning Neighborhood 1 Jim McLamb 3 HarperSan Diego Construction 92101 Co. Inc. $584.78 na 6 Bethesda, Md. 2241 Kettner Blvd., Suite 300, $268.72(37) $75.22na 4,660 V-22 Hangar1,500,000 P-1024 Coronado 1 Jeff Harper 7(1) www.clarkconstruction.com 62 $510 15 2004 San619-578-2650 Diego 92101 $257.46 $64.5 138 132,000 1 San Diego (5) www.harperconstruction.com 4 17 $65.95 1 1974 619-233-7900 10-story with basement level, 415,000 McCarthy Building Cos. Inc. sq. ft structure with connecting bridges Erickson-Hall Construction Co. Losat Alamitos multiple STEMlevels. Building This project - a 3-story also 9275 Sky Park Court, Suite 200, $349.17 $195.83 224 includes a CEP expansion and new 1 Robert Betz 4 500San DiegoCorporate 92123 Drive, $204.08$230 $187$925 87 science, technology, engineering & 16 DavidSt. Louis, Erickson Mo. 8 Escondido 92029 $143.6 $150 2,474 helistopmathematics and will classroom be utilizing building OSHPD 4 Escondido (7) www.mccarthy.com 71 (79) 165 CRC process. 17 2005 (13) www.ericksonhall.com858-784-0347 60 25 86,000 4 1998 760-796-7700 415,000$57 Save Today. Secure Tomorrow.$420 RudolphSwinerton and Sletten Inc. Apex 9775 Towne Centre Drive Science 7584 MetropolitanSave Drive, Suite energy 100, and earn cash incentives$216.26 for your$60 building. Visit SavingWithCEMS.com.Simone Little Italy, a multi-family high 1 Howard Mills 9 16798 W. Bernardo Drive, $315.84 $677.5 31076 rise& Research residential Building project. 1 Mark Payne 5 San Diego 9210892127 $315.68$77 $326.4$165 59 Concord,San Carlos CA 181 (64) 4,700500 165,000612,579 (20)(4) www.rsconstruction.comwww.swinerton.com 0 108 $78.8 205 19901993CEMS Program $143.45 Comprehensive Energy Management Solutions This program619-432-0122858-622-4040 is funded by California utility customers under the auspices of the California Public Utilities Commission. LusardiHensel Phelps Construction Co. 1570 Linda Vista Drive, $214.74 $243 SharpVeterans Healthcare Affairs - ChulaOutpatient Vista Clinic - Ocean 1 Scott Free 10 9404 Genesee Ave., Suite 140, $272.14 $496.2 180220 View Tower 1 Brad Jeanneret 6 SanLa Jolla Marcos 92037 92078 $235.07$327.55 $158.15$367.2 215 129,857 42 Greeley,San Marcos Colo. (6) www.lusardi.com (9) 54 5,000 197,000$67.5 2 1958 (3) www.henselphelps.com (17) 35 $192.5 16 1985 760-744-3133619-717-8650 BNBuilders,Harper Construction Inc. Co. Inc. UC San Diego Pepper Canyon 58252241 OberlinKettner Drive,Blvd., Suite 300,1, $268.72$181.5 $1,500$75.22 217 AmphitheaterV-22 Hangar P-1024and Public Coronado Realm 1 JamesJeff Harper Awford 117 San Diego 92121 $134.1 $2,000 62 Improvements 3 Seattle, Wash. San Diego 92101 $257.46 $64.5 1,029138 132,000 1 San Diego (14)(5) www.bnbuilders.comwww.harperconstruction.com 354 (25)17 10,000$65.95 41 20101974 858-550-9433619-233-7900 $52 TurnerErickson-Hall Construction Construction Company Co. Los AlamitosSan Diego STEM International Building Airport- a 3-story 15378500 Corporate Avenue Drive,of Science, Suite 100, $177.27$230 $2,041.32$187 131 science,Terminal technology, 1 Replacement engineering Project & 1 DavidMartine Erickson Zettle 128 San Diego 92128 $180.86 $81.24 87 5 New York, NY Escondido 92029 $143.6 $150 10,901165 mathematics1,210,000 classroom building 4 Escondido (10)(13) turnerconstruction.comwww.ericksonhall.com (2)60 2,41325 $2,20086,000 464 19831998 858-217-0700760-796-7700 $57 Saint Teresa of Calcutta Villa 407-unit Rudolph and Sletten Inc. Level 10 Construction Apexaffordable 9775 apartmentTowne Centre development Drive Science with 7584 Metropolitan Drive, Suite 100, $216.26 $60 76 two structures,& Research a 14-story Building Type I 1 Howard Mills 9 San12626 Diego High 92108 Bluff Drive, Suite 250, $157.92$77 $406.18$165 104 building and a seven-story Type V 15 MikeSan CarlosConroy 13 San Diego 92130 $93.51 $241.91 500 165,000 3 Sunnyvale, CA (20) www.rsconstruction.com 181 (64) 476 building over a$78.8 two-level concrete 5 1990 (18) 619-432-0122www.level10gc.com 69 68 podium. 4 2013 858-939-9780 291,133 Lusardi Construction Co. $145 1570 Linda Vista Drive, $214.74 $243 Veterans Affairs Outpatient Clinic 1 Scott Free (NR)10Not ranked the list, omissions180 and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego San Marcos 92078 $235.07 $158.15 215 129,857 2 San Marcos na Not(6) applicable (9) 54 Business Journal. Eric Alderete, [email protected].$67.5 This list may not be reprinted in whole2 or in part without1958 prior written permission from the www.lusardi.com editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Sources: The760-744-3133 companies and CPA/CFO attested statements. Due to rounding off, some percentages appear to be incorrect. or to imply a company's size or numerical rank indicates its quality. To the best of ourBNBuilders, knowledge, this Inc. information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of UC San Diego Pepper Canyon 11 5825 Oberlin Drive, Suite 1, $181.5 $1,500 217 Amphitheater and Public Realm 1 James Awford San Diego 92121 $134.1 $2,000 1,029 Improvements 3 Seattle, Wash. (14) www.bnbuilders.com 35 (25) 10,000 4 2010 858-550-9433 $52

Turner Construction Company San Diego International Airport 12 15378 Avenue of Science, Suite 100, $177.27 $2,041.32 131 Terminal 1 Replacement Project 1 Martine Zettle San Diego 92128 $180.86 $81.24 10,901 1,210,000 5 New York, NY (10) turnerconstruction.com (2) 2,413 $2,200 46 1983 858-217-0700 Saint Teresa of Calcutta Villa 407-unit affordable apartment development with Level 10 Construction two structures, a 14-story Type I 13 12626 High Bluff Drive, Suite 250, $157.92 $406.18 104 building and a seven-story Type V 1 Mike Conroy San Diego 92130 $93.51 $241.91 476 building over a two-level concrete 3 Sunnyvale, CA (18) www.level10gc.com 69 68 podium. 4 2013 858-939-9780 291,133 $145 (NR) Not ranked the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego na Not applicable Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Sources: The companies and CPA/CFO attested statements. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Due to rounding off, some percentages appear to be incorrect. or to imply a company's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of GENERAL CONTRACTORS  Ranked by 2020 gross revenues WWW.LEVEL10GC.COM THE LIST from San Diego County offices GENERALRanked by 2020 gross CONTRACTORS revenues from San Diego County offices Gross Contracts revenues: awarded: Largest project Rank Company (millions) (millions) # of employees under construction: # of offices: Address 2020 2020 as of 4/1/2021: Square footage Local Top local executive (Last Website 2019 2019 S.D. County Cost Statewide Headquarters year) Phone % + (-) % + (-) Companywide (millions) Companywide Year est. locally Balfour Beatty US 1 10620 Treena St., Suite 300, $564.85 $535.22 275 Logan Memorial Education Complex 1 Brian Cahill San Diego 92131 $200.66 $280.29 4,500 266,000 11 Dallas, Texas (8) www.balfourbeattyus.com 181 91 $180.25 32 1983 858-635-7400 DPR Construction $395 $335 Scott Sass 5010 Shoreham Place, 497 na 1 Brian Gracz 2 San Diego 92122 $343 $475 na 7 15 (29) 6,500 Redwood City, CA (2) dpr.com na 29 1992 858-597-7070

Clark Group UCSD North Torrey Pines Living and 525 B St., Suite 250, GENERAL$368.6 CONTRACTORS$465 1 Jim McLamb 3 188 Learning Neighborhood San Diego 92101 $584.78 na 4,660 1,500,000 6 Bethesda, Md. (1) www.clarkconstruction.com Ranked by 2020 gross(37) revenuesna from San Diego County$510 offices 15 2004 619-578-2650 Gross Contracts 10-story with basement level, 415,000 revenues: awarded: sq. ft structureLargest with connectingproject bridges Rank CompanyMcCarthy Building Cos. Inc. (millions) (millions) # of employees at multipleunder levels. construction: This project also # of offices: 4 Address9275 Sky Park Court, Suite 200, $349.172020 $195.832020 as of 4/1/2021:224 includes aSquare CEP expansion footage and new Local1 Top Robertlocal executive Betz (Last WebsiteSan Diego 92123 $204.082019 $9252019 S.D.2,474 County helistop and willCost be utilizing OSHPD Statewide6 HeadquartersSt. Louis, Mo. (7) www.mccarthy.com 71 (79) 17 2005 year) Phone % + (-) % + (-) Companywide CRC(millions) process. Companywide Year est. locally 858-784-0347 415,000 Balfour Beatty US $420 10620 Treena St., Suite 300, $564.85 $535.22 275 Logan Memorial Education Complex 1 Brian Cahill 1 SwinertonSan Diego 92131 $200.66 $280.29 266,000 11 Dallas, Texas $315.84 $677.5 4,500 Simone Little Italy, a multi-family high 5(8) 16798www.balfourbeattyus.com W. Bernardo Drive, 181 91 310 rise residential$180.25 project. 321 Mark1983 Payne San858-635-7400 Diego 92127 $315.68 $326.4 4,700 612,579 9 Concord, CA (4) www.swinerton.com 0 108 $143.45 20 1993 858-622-4040DPR Construction Scott Sass 5010 Shoreham Place, $395 $335 na 1 Museum of Contemporary Art 2 $343 $475 497 Brian Gracz HenselSan Diego Phelps 92122 6,500 Sharp Healthcare -na Chula Vista - Ocean 7 Redwood City, CA (2) 9404dpr.com Genesee Ave., Suite 140, $272.1415 $496.2(29) na 291 Brad Jeanneret TriLink Biotechnologies La Jolla Expansion 6 220 View Tower 1992 La858-597-7070 Jolla 92037 $327.55 $367.2 5,000 197,000 4 Greeley, Colo. (3) www.henselphelps.com (17) 35 $192.5 16 1985 619-717-8650Clark Group UCSD North Torrey Pines Living and 525 B St., Suite 250, $368.6 $465 188 Learning Neighborhood 1 Jim McLamb 3 HarperSan Diego Construction 92101 Co. Inc. $584.78 na 6 Bethesda, Md. 2241 Kettner Blvd., Suite 300, $268.72(37) $75.22na 4,660 V-22 Hangar1,500,000 P-1024 Coronado 1 Jeff Harper 7(1) www.clarkconstruction.com 62 $510 15 2004 San619-578-2650 Diego 92101 $257.46 $64.5 138 132,000 1 San Diego (5) www.harperconstruction.com 4 17 $65.95 1 1974 619-233-7900 10-story with basement level, 415,000 McCarthy Building Cos. Inc. sq. ft structure with connecting bridges Erickson-Hall Construction Co. Losat Alamitos multiple STEMlevels. Building This project - a 3-story also 9275 Sky Park Court, Suite 200, $349.17 $195.83 224 includes a CEP expansion and new 1 Robert Betz 4 500San DiegoCorporate 92123 Drive, $204.08$230 $187$925 87 science, technology, engineering & 16 DavidSt. Louis, Erickson Mo. 8 Escondido 92029 $143.6 $150 2,474 helistopmathematics and will classroom be utilizing building OSHPD 4 Escondido (7) www.mccarthy.com 71 (79) 165 CRC process. 17 2005 (13) www.ericksonhall.com858-784-0347 60 25 86,000 4 1998 760-796-7700 415,000$57 $420 Rudolph and Sletten Inc. Swinerton ApexSimone 9775 Little Towne Italy, Centre a multi-family Drive Science high 758416798 Metropolitan W. Bernardo Drive, Drive, Suite 100, $216.26$315.84 $677.5$60 1 HowardMark Payne Mills 9 $77 $165 31076 rise& Research residential Building project. 5 San Diego 9210892127 $315.68 $326.4 500 165,000 59 Concord,San Carlos CA (20) www.rsconstruction.com 181 (64) 4,700 612,579 5 1990 (4) www.swinerton.com 0 108 $143.45$78.8 20 1993 619-432-0122858-622-4040 LusardiHensel Phelps Construction Co. 1570 Linda Vista Drive, $214.74 $243 SharpVeterans Healthcare Affairs - ChulaOutpatient Vista Clinic - Ocean 1 Scott Free 10 9404 Genesee Ave., Suite 140, $272.14 $496.2 180220 View Tower 1 Brad Jeanneret 6 SanLa Jolla Marcos 92037 92078 $235.07$327.55 $158.15$367.2 215 129,857 42 Greeley,San Marcos Colo. (6) www.lusardi.com (9) 54 5,000 197,000$67.5 2 1958 (3) www.henselphelps.com (17) 35 $192.5 16 1985 760-744-3133619-717-8650 BNBuilders,Harper Construction Inc. Co. Inc. UC San Diego Pepper Canyon 58252241 OberlinKettner Drive,Blvd., Suite 300,1, $268.72$181.5 $1,500$75.22 217 AmphitheaterV-22 Hangar P-1024and Public Coronado Realm 1 JamesJeff Harper Awford 117 San Diego 92121 $134.1 $2,000 62 Improvements 3 Seattle, Wash. San Diego 92101 $257.46 $64.5 1,029138 132,000 1 San Diego (14)(5) www.bnbuilders.comwww.harperconstruction.com 354 (25)17 10,000$65.95 41 20101974 858-550-9433619-233-7900 $52 TurnerErickson-Hall Construction Construction Company Co. Los AlamitosSan Diego STEM International Building Airport- a 3-story 15378 Avenue of Science, Suite 100, $177.27 $2,041.32 1 Martine Zettle 12 500 Corporate Drive, $230 $187 13187 science,Terminal technology, 1 Replacement engineering Project & 1 David Erickson Father Joe’s Villages 8 SanEscondido Diego 9212892029 $180.86$143.6 $81.24$150 10,901 mathematics1,210,000 classroom building 54 NewEscondido York, NY University of San Diego (10) turnerconstruction.com (2) 2,413 165 46 1983 (13) www.ericksonhall.com 60 25 $2,20086,000 4 1998 Knauss Center for Business Education Saint Teresa of Calcutta Villa 858-217-0700760-796-7700 $57 Saint Teresa of Calcutta Villa 407-unit Rudolph and Sletten Inc. Level 10 Construction Apexaffordable 9775 apartmentTowne Centre development Drive Science with 7584 Metropolitan Drive, Suite 100, $216.26 $60 76 two structures,& Research a 14-story Building Type I 1 Howard Mills 9 San12626 Diego High 92108 Bluff Drive, Suite 250, $157.92$77 $406.18$165 104 building and a seven-story Type V 15 MikeSan CarlosConroy 13 San Diego 92130 $93.51 $241.91 500 165,000 3 Sunnyvale, CA (20) www.rsconstruction.com 181 (64) 476 building over a$78.8 two-level concrete 5 1990 (18) 619-432-0122www.level10gc.com 69 68 podium. 4 2013 858-939-9780 291,133 Lusardi Construction Co. $145 1570 Linda Vista Drive, $214.74 $243 Veterans Affairs Outpatient Clinic 1 Scott Free (NR)10Not ranked the list, omissions180 and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego San Marcos 92078 $235.07 $158.15 215 129,857 2 San Marcos na Not(6) applicable (9) 54 Business Journal. Eric Alderete, [email protected].$67.5 This list may not be reprinted in whole2 or in part without1958 prior written permission from the www.lusardi.com editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Sources: The760-744-3133 companies and CPA/CFO attested statements. Due to rounding off, some percentages appear to be incorrect. or to imply a company's size or numerical rank indicates its quality. To the best of ourBNBuilders, knowledge, this Inc. information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of UC San Diego Pepper Canyon 11 5825 Oberlin Drive, Suite 1, $181.5 $1,500 217 Amphitheater and Public Realm 1 James Awford San Diego 92121 $134.1 $2,000 1,029 Improvements 3 Seattle, Wash. (14) www.bnbuilders.com 35 (25) 10,000 4 2010 858-550-9433 $52

Turner Construction Company San Diego International Airport 12 15378 Avenue of Science, Suite 100, $177.27 $2,041.32 131 Terminal 1 Replacement Project 1 Martine Zettle San Diego 92128 $180.86 $81.24 10,901 1,210,000 5 New York, NY (10) turnerconstruction.com (2) 2,413 $2,200 46 1983 858-217-0700 Saint Teresa of Calcutta Villa 407-unit affordable apartment development with Level 10 Construction two structures, a 14-story Type I 13 12626 High Bluff Drive, Suite 250, $157.92 $406.18 104 building and a seven-story Type V 1 Mike Conroy San Diego 92130 $93.51 $241.91 476 building over a two-level concrete 3 Sunnyvale, CA (18) www.level10gc.com 69 68 podium. 4 2013 858-939-9780 291,133 $145 (NR) Not ranked the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego na Not applicable Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Sources: The companies and CPA/CFO attested statements. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Due to rounding off, some percentages appear to be incorrect. or to imply a company's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of ERTC MOB2 OMNIOME 24 GENERAL CONTRACTORSwww.sdbj.com MAY 24, 2021  Ranked by 2020 gross revenues THE LIST GENERALRanked by 2020 gross CONTRACTORS revenues from San Diego County offices from San Diego County offices Gross Contracts revenues: awarded: Largest project Company (millions) (millions) # of employees under construction: # of offices: Rank Address 2020 2020 as of 4/1/2021: Square footage Local Top local executive (Last Website 2019 2019 S.D. County Cost Statewide Headquarters year) Phone % + (-) % + (-) Companywide (millions) Companywide Year est. locally Ryan Companies US Inc. 14 4275 Executive Square, Suite 370, $149.13 $232.92 60 Millenia Multifamily - The Avalyn 1 Mike Mahoney La Jolla 92037 $95.32 $109.86 1,700 528,000 1 Minneapolis, Minn. (17) ryancompanies.com 56 112 $112.89 15 2005 858-812-7910

C.W. Driver Cos. San Diego USD Civita Elementary 15 7588 Metropolitan Drive, $146.06 $402.45 58 School 2 Richard Freeark San Diego 92108 $148.1 $308 300 77,250 6 Pasadena, CA (12) www.cwdriver.com (1) 31 $56.7 6 1997 619-696-5100

Bycor General Contractors 16 6490 Marindustry Place, $141.13 $141.13 103 The U 1 Scott Kaats San Diego 92121 $182.91 $193.36 103 66,000 1 San Diego (9) www.bycor.com (23) (27) $8.96 1 1981 858-587-1901 The San Diego Zoo’s new Sanford Pacific Building Group Children’s Zoo will consist of five acres 17 9752 Aspen Creek Court, Suite 150, $128 $76 121 of diverse habitats including 16 1 James Roherty San Diego 92126 $115 $120 121 buildings and countless exhibits with 1 San Diego (15) www.pacificbuildinggroup.com 11 (37) various types of construction 1 1984 858-552-0600 194,277 na Sundt Construction Inc. San Diego County Regional Airport 18 1660 Hotel Circle N., Suite 400, $124.63 $58.55 63 Authority’s Airport Support Facilities 1 Ryan Nessen San Diego 92108 $81.08 $152.02 1,463 (ASF) 3 Tempe, Ariz. (19) www.sundt.com 54 (61) na 10 1947 619-321-4800 $163.93

Burger Construction Confidential Life Science Tenant 19 4920 Carroll Canyon Rd Suite 200, $87.92 $114.11 55 Improvement in Sorrento Valley. 1 Jack Burger San Diego 92121 $75.18 $78.37 55 50,000 1 San Diego (21) www.burgercon.com 17 46 $10 1 1992 858-755-1800 Southwestern College Public Safety Barnhart-Reese Construction Inc. Center to provide expanded instruction Douglas Barnhart 20 10805 Thornmint Road, Suite 200, $64.15 $61.74 55 for the Fire Science, Emergency 1 West Reese San Diego 92127 $48.07 $46.99 55 Medical Technician, and Police 1 San Diego (22) www.debinc.com 33 31 Education programs at SWC. 1 2009 858-592-6500 25,000 $19.41

Kitchell UCSD Future College Living Learning 21 9330 Scranton Road, Suite 100, $54.92 $110 90 Neighborhood 2 Michael Wolfe San Diego 92121 $33.65 $733.74 830 1,429,000 9 Phoenix, Ariz. (25) www.kitchell.com 63 (85) $496 11 1990 858-947-5144

Align Builders Inc. UCI Medical Center B3 3rd Floor - 1 Steve Sherrer 5451 Avenida Encinas, Suite A, $43.45 $37.61 42 Convert to Med Surg 22 Carlsbad 92008 $24.04 $28.23 1 Carlsbad 47 25,000 1 2014 (27) www.alignbuilders.com 81 33 $12.8 858-800-2531

TSA Construction, Inc. Travis AFB 3-Bay Maintenance Hangar 11440 W Bernardo Court, Suite 166, $39.93 $7.84 Mechanical, Plumbing, Control 1 Terry Arnett 23 14 1 San Diego San Diego 92127 $32.07 $39.8 14 Systems, & associated work. (NR) www.tsaci.com 25 (80) 20,000 1 2003 858-784-3650 $7.84

White Construction 24 2524 Gateway Road, $31.68 $31.68 33 AIDS Healthcare Foundation 1 Steve White Carlsbad 92009 $36.12 $36.12 33 12,000 2 Carlsbad (23) www.whiteconstructioninc.com (12) (12) $2.4 2 1983 760-931-1130 2051 Palomar Airport Road C2 Building Group Repositioning project of existing tilt up building featuring added site 1 Jeff Cole 107 S. Cedros Ave., Suite 220, $29.57 $39.75 33 work,fitness center, core restrooms, 25 Solana Beach 92075 $17.61 $22.58 1 Solana Beach 33 lobby expansion and added exterior 1 2014 (29) www.c2sd.com 68 76 storefront windows and entries 858-232-0213 208,904 $8.8 I.E.-Pacific Inc. 260 - D/B Flight Line Station at 1 Diane Koester-Byron 150 W. Crest St., $25.59 $37.02 28 Edwards Air Force Base, CA 26 Escondido 92025 $33 $17.37 2 San Diego 28 38,920 2 1993 (26) www.iepacific.com (22) 113 $22.64 760-294-7097

C&S Companies Cory Hazlewood, 2355 Northside Drive, Suite 350, $20.25 $9.8 3Roots Wellness Center 1 DBIA 27 33 6,400 4 San Diego 92108 $21.7 $18.9 561 Syracuse, NY (28) www.cscos.com (7) (48) $5.9 23 2000 619-296-9373 Solar Turbines Modernization Project- Conan Construction This exceptional project included extensive remodel of office & test lab 1 Shannon Maurer 5937 Darwin Court Unit G, $17.36 $15 18 areas throughout the facility during 28 Carlsbad 92008 $18.96 $23 0 Carlsbad 18 stringent work hours. Facility is a 24hr 1 1998 (NR) www.conanconstruction.com (8) (35) facility. 760-512-1188 24,600 $4.57 Grahovac Construction Company Inc. Pomerado Cemetery District - Entrance $10.49 $10.49 Project at the Dearborn Cemetery, Gina Grahovac 8418 La Mesa Blvd., 21 1 Franklin 29 La Mesa 91942 $6.13 $6.13 Poway, CA 0 71 71 21 4,500 La Mesa (31) www.grahovacconstruction.com 0 1985 619-466-6693 $0.75

(NR) Not ranked the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego na Not applicable Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Sources: The companies and CPA/CFO attested statements. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Due to rounding off, some percentages appear to be incorrect. or to imply a company's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of MAY 24, 2021 www.sdbj.com 25

BUILDING

Across the shorelines of San Diego to the skyline of , from the palms of the Inland Empire to the pines of the Sierras, our teams are building the important structures and infrastructure that enhance how people live, work, and play in our communities. Together, we’re building new futures.

balfourbeattyus.com p. 858.635.7400 26 www.sdbj.com MAY 24, 2021 ARCHITECTURAL FIRMS LANDSCAPE ARCHITECTS  Ranked by local-full time  Ranked by number of local staff as THE LIST LANDSCAPERanked by number of local ARCHITECTSfull-time employees as of April 1, 2021 employees as of April 1, 2021 THE LIST ARCHITECTURALRanked by number of local staff as ofFIRMS April 1, 2021 of April 1, 2021 # of local % of billings for staff: projects in: Top local % of revenue Services Rank Firm 2021 S.D. County only executive(s) (Last Address 2020 U.S. Project specialties: Current local Year est. year) Website Phone % + (-) Licensed architects International Percentage(1) representative projects locally San Diego International Gensler 105 70 1 225 , Suite 100, Airport Terminal 1 IQHQ Kevin Heinly 100 36 30 : 60 Interiors: 40 Research & Development 2004 (1) San Diego 92101 5 0 www.gensler.com 619-557-2500 District

# of local Delawie 55 65 P855 Basic Training Frank full-time 2 1515 Morena Blvd., Hospitality / Entertainment: 50 Command, Oceanside Beach Ternasky 60 26 33 Life science / Corporate: 25 (3) San Diego 92110 (8) 2 Resort 1961 employees: www.delawie.com 619-299-6690 Rank Company 2021 # of Local (Last Address 2020 licensed executive(s) Ware Malcomb 51 94 Tiffany

Website Phone % + (-) architects: % commercial % residential % institutional % other Urban design Water management Wetlands mitigation Environmental impact study Historic preservation Erosion control Recent local projects Year est. locally year) 3 3911 Sorrento Valley Blvd., Suite 120, Interior Design: 53.5 Westmont of Encinitas Cubic English 49 5 6 Architecture: 31.5 Balboa Campus (4) San Diego 92121 4 0 1984 www.waremalcomb.com 858-638-7277 KTU&A 32 Chula Vista Bayfront Parks North Mike 1 3916 Normal St., San Diego 92103 33 14 20 0 50 30 Y Y Y Y Y Y Singleton Park Mini-Park Courthouse Commons: Gordon R. (1) www.ktua.com 619-294-4477 (3) 1970 Carrier Johnson + Culture 49 86 4 185 West F Street, Ste. 500, Mixed-Use: 47.6 Higher Mixed-Use (Holland Partner Carrier 68 22 14 Education: 21.4 Group), 1122 Fourth Avenue: Ray Varela (2) San Diego 92101 (28) 0 www.carrierjohnson.com 619-239-2353 Mixed-Use (Caydon) 1977 2 Schmidt Design Group, Inc. 32 SDSU Mission Valley, Sharp Glen Schmidt 1310 Rosecrans Street, Suite G, San Diego 92106 27 9 361630YYNNN N Memorial Campus Master Plan JT Barr DGA Planning | Architecture | Interiors (3) www.schmidtdesign.com 619-236-1462 19 1983 47 80 Life Sciences & Technology Nancy 5 2550 Fifth Ave., Suite 115, Scripps Research Ionis Escano 45 16 20 Architecture: 75 Corporate Conference Center (5) San Diego 92103 4 0 Interiors: 25 2002 www.dgaonline.com 619-685-3990 Living Learning Neighborhood, James Burnett 3 OJB Landscape Architecture 30 North Torrey Pines, University of Nathan Elliott 550 Lomas Santa Fe Drive, Suite A, Solana Beach 92075 31 9 55 0 35 10 Y Y Y Y Y Y California, San Diego, La Jolla, Kyle Fiddelke Ferguson Pape Baldwin Architects 44 76 Jim (2) www.ojb.com 858-793-6970 (3) CA East Village Green, San Diego, 6 4499 Ruffin Road, Suite 300, Biotech/high tech: 64 Healthpeak Properties The Ferguson 2003 35 14 24 University: 20 Boardwalk RMR The Muse CA (10) San Diego 92123 26 0 1976 www.fpbarch.com 619-231-0751 Spurlock Landscape Architects 19 SDSU Aztec Stadium UCSD Ridge Leigh Kyle David 4 2122 Hancock St., San Diego 92110 20 7 24 3 41 32 Y Y Y Y Y Y Gilmore Walk 1988 LPA Inc. 42 90 Life science: 50 Civic/ (4) www.spurlock-land.com 619-681-0090 (5) 7 1600 National Ave., Eric Jones 42 14 10 Corporate/developer/health Revelle College - UCSD Matthew (7) San Diego 92113 0 0 care: 30 www.lpadesignstudios.com 619-929-3939 Porreca 1985 VDLA Landscape Architects 16 La Colonia Park ViaSat Cafe and Yale Hooper 5 462 Stevens Ave., Suite 107, Solana Beach 92075 15 5 800200YYYYY Y SDUSD Point Loma High Courtyard 1972 AVRP STUDIOS 40 70 Residential/mixed-use/ School New Library/ (NR) www.vdla.us 619-294-8484 7 8 703 16th St., Suite 200, Doug Austin 44 12 15 corporate/hospitality: 50 Classroom Bldg/Plaza/ 1976 (6) San Diego 92101 (9) 15 Health care/education: 50 Stadium Upgrade MAAC The Catherine www.avrpstudios.com 619-704-2700 Ivy Escondido McCullough Landscape Architecture Inc. 11 Midway Sports Entertainment McCullough 6 MiraCosta College, 703 16th St., Suite 100, San Diego 92101 12 1 50 20 30 0 Y Y Y N Y Y District, SDSU Don Powell David HED (Harley Ellis Devereaux) 39 80 Neville (5) www.mlasd.com 619-296-3150 (8) Theatre McCullough 9 225 Broadway, Suite 1300, Education: 60 Life Science/ Chemistry/Biotechnology Willsmore 39 16 20 Tech/Industrial: 30 Building; Becton Dickinson 1999 (15) San Diego 92101 0 0 2001 www.hed.design 619-398-3800 Lab Renovation (D3) The Lightfoot Planning Group 10 Robertson Ranch, a residential 7 development in Carlsbad. El James Taylor Joseph Wong Design Associates Inc. Joseph 5900 Pasteur Court, Suite 110, Carlsbad 92008 10 3 60 0 10 30 Y Y Y N N Y Corazon in Oceanside. Planning 1978 38 95 BOSA Diega Apartment Wong FAIA (6) www.lightfootpg.com 760-692-1924 0 10 2359 Fourth Ave., Hospitality/residential: 75 Towers 800 Broadway Matthew and design. 36 15 5 Gov./educational: 25 (9) San Diego 92101 6 0 Tower Geaman www.jwdainc.com 619-233-6777 1977 Rick Engineering Co. 8 San Diego International Airport Morse High School 8 Kai Ramer Roesling Nakamura Terada (RNT) Architects 38 80 Ralph 5620 Friars Road, San Diego 92110 8 5 10 35 50 5 Y Y Y Y N Y Terminal 1 Redevelopment 1955 11 363 Fifth Ave., Suite 202, Modernization | Botanical (NR) www.rickengineering.com 619-291-0707 0 Fallbrook Park 37 12 20 K-12: 44 Civic: 26 Building Renovation, Balboa Roesling (8) San Diego 92101 3 0 1980 www.rntarchitects.com 619-233-1023 Park

Southeast Live Well Center; Kimley-Horn 7 Millenia Park, UCSD Mesa Michael Steinberg Hart 30 25 9 401 B St., Suite 600, San Diego 92101 7 4 40 0 30 30 Y Y N Y N Y Madsen 12 320 Laurel St., Western Operations and Dan Stewart Housing Pedestrian Bridge 27 14 75 Civic: 60 Mixed-use: 25 Training Center for the U.S. 1991 (8) www.kimley-horn.com 619-234-9411 0 1992 (12) San Diego 92101 11 0 www.steinberghart.com 619-239-9292 Navy SEALS Ambiente Resort adjacent to McFarlane Architects Quidel; Erasca; Novartis Krizan Associates Inc. 7 John Krizan 27 85 Commercial/Office: 50 Life Neal 10 6 1 50 35 5 10 Y Y Y N Y Y Coconino National Forest, Private 13 6256 Greenwich Drive, Suite 510, Gene Therapies; Rakuten 1829 Granite Hills Drive, Granite Hills 92019 Estates in Poway, Point Loma, 1990 24 10 15 Science/Advanced Technology: Medical; Phase 3 Real Estate McFarlane (10) 17 (16) San Diego 92122 13 0 50 2003 www.krizanassociates.com 619-517-2885 Rancho Santa Fe and La Jolla www.mcfarlanearchitects.com 858-453-1150 Partners; RayzeBio Dahlin Group Architecture Planning Project Design Consultants 6 SDSU Aztec Stadium 27 75 Jack Greg Shields 14 501 W. Broadway, Suite 1080, 20 6 25 Multifamily: 75 Healthcare: 10 Airway Apartments Paradise 11 701 B St., Suite 800, San Diego 92101 5 1 10 45 30 15 Y N N Y N N Streetscapes 3Roots Production Hills Elementary School Gallagher 1976 (26) San Diego 92101 35 0 1991 (14) www.projectdesign.com 619-235-6471 20 Housing Landscape for 100 D.U. www.dahlingroup.com 858-350-0544 Jon Baker Richard Larry Sheehan Integration Design Studio, Landscape Architects 5 The Beacon, Carlsbad BakerNowicki Design Studio Nowicki 12 5845 Avenida Encinas, Suite 134, Carlsbad 92008 5 3 50 20 15 15 Y Y N N Y Y Glen Brouwer 26 100 Logan Memorial Education Whispering Winds Camp, Julian 15 731 Ninth Ave., Suite A, 28 10 0 Education: 100 Campus (New) Richland Buddy (11) www.integration-design.com 760-602-0144 0 2003 Gessel (11) San Diego 92101 (7) 0 Elementary School (Rebuild) www.bndesignstudio.com 619-795-2450 Brian Leonard San Diego Zoo Children's Zoo 2011 13 Deneen Powell Atelier Inc. 5 San Diego Botanic Garden Jeri Deneen 2305 El Cajon Blvd., San Diego 92104 5 1 105850YYNNN Y Dickenson Family Education 1995 "The Shell" SD Symphony (13) 0 Tucker Sadler Architects Inc. 25 65 Performance Venue Gregory www.dpadesign.com 619-294-9042 Conservatory 16 1620 Fifth Ave., Suite 200, Private Development: 75 Civic/ 22 6 25 Education: 25 Southwestern Community Mueller (22) San Diego 92101 14 10 College, Performing Arts 1957 www.tuckersadler.com 619-236-1662 Theatre Wynn-Smith Landscape Architecture Inc. 4 Tim Smith 14 12315 Oak Knoll Road, Suite 300, Poway 92064 4 1 20 20 20 40 Y Y Y N Y Y TERi, Inc. Flintridge Riding Club 1993 SGPA Architecture and Planning 25 45 Kearny High School Whole Keith (15) www.wynn-smith.com 858-513-0030 0 17 3111 Camino del Rio North, Suite 500, Education: 45 Sr. Living/ Site Modernization 26 5 55 Wellness: 27 University of San Diego, Pittsford (14) San Diego 92108 (4) 0 1969 www.sgpa.com 619-297-0131 Camino & Founders Hall Environs Landscape Architecture Inc. 3 Scripps Northridge Business Park Martin 15 2924 Emerson Street Suite 309, San Diego 92106 3 1 50 25 15 10 Y Y N N Y Y Renovation Fredericka Manor Schmidt Mascari Warner Dinh Architects 23 50 Joseph (NR) www.environs.us 619-232-7007 0 Central Garden Renovation 1989 18 1717 Kettner Blvd., Suite 100, UCSD CUP Scripps Mercy Mascari 23 3 50 Healthcare: 100 Cancer Center Thai Dinh (NR) San Diego 92101 0 0 www.mascariwarnerdinh.com 619-814-0080 1989 Greg Hebert Greg Hebert Landscape Architect 2 8th and B St. Mixed-Use in 16 2 2 59005YYYNY Y La Jolla Oceanfront Residence Gail Zerbe The Miller Hull Partnership 21 67 Ben Dalton, 2031 Commercial Street, #202, San Diego 921113 Del Mar Residences Mark Fuerte 19 4980 North Harbor Drive, Suite 100, Public Infrastructure: 40 National City; City of San (17) www.greghebert.com 619-283-5083 0 20 15 33 Private Life Sciences: 30 Diego, Torrey Pines Fire AIA 1992 (24) San Diego 92106 5 0 2011 www.millerhull.com 619-220-0984 Station In-Site Landscape Architecture Inc. 1 Palomar Rehabilitation Institute, Tim 2907 Shelter Island Drive #105-417, Jachlewski Architects Hanna Gabriel Wells 21 80 San Diego Children's Zoo Randy 17 1 1 60 10 10 20 Y Y Y N Y Y Escondido Park Circle, Valley 20 1955 Bacon St., Institutional/medical: 60 San Diego 92106 Zach Tanner 23 10 20 Commercial: 20 Sharp Healthcare Innovation Hanna (NR) 0 Center 2007 (18) San Diego 92107 (9) 0 & Education Center 1997 www.insitelandarch.com 619-795-7603 www.architects-hgw.com 619-523-8485

(NR) Not ranked the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego (NR) Not ranked Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the na Not applicable Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Source: The firms. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants Source: The companies. In the case of a tie, firms are ranked by number of licensed architects, then alphabetically. or to imply a firm's size or numerical rank indicates its quality. or to imply a company's size or numerical rank indicates its quality. In the case of a tie, landscape architects are ranked by number of licensed architects, then alphabetically. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of (1) Top two areas of specialty and the percentage that each represents of 2020 gross billings. Percentages will not equal 100 in some cases. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego MAY 24, 2021 ARCHITECTURALwww.sdbj.com FIRMS 27  Ranked by number of local staff as THE LIST ARCHITECTURALRanked by number of local staff as ofFIRMS April 1, 2021 of April 1, 2021 # of local % of billings for staff: projects in: Top local Rank Firm 2021 S.D. County only executive(s) (Last Address 2020 U.S. Project specialties: Current local Year est. year) Website Phone % + (-) Licensed architects International Percentage(1) representative projects locally San Diego International Gensler 105 70 1 225 Broadway, Suite 100, Airport Terminal 1 IQHQ Kevin Heinly 100 36 30 Architecture: 60 Interiors: 40 Research & Development 2004 (1) San Diego 92101 5 0 www.gensler.com 619-557-2500 District

Delawie 55 65 P855 Basic Training Frank 2 1515 Morena Blvd., Hospitality / Entertainment: 50 Command, Oceanside Beach Ternasky 60 26 33 Life science / Corporate: 25 (3) San Diego 92110 (8) 2 Resort 1961 www.delawie.com 619-299-6690

Ware Malcomb 51 94 Tiffany 3 3911 Sorrento Valley Blvd., Suite 120, Interior Design: 53.5 Westmont of Encinitas Cubic English 49 5 6 Architecture: 31.5 Balboa Campus (4) San Diego 92121 4 0 1984 www.waremalcomb.com 858-638-7277

Courthouse Commons: Gordon R. Carrier Johnson + Culture 49 86 4 185 West F Street, Ste. 500, Mixed-Use: 47.6 Higher Mixed-Use (Holland Partner Carrier 68 22 14 Education: 21.4 Group), 1122 Fourth Avenue: Ray Varela (2) San Diego 92101 (28) 0 www.carrierjohnson.com 619-239-2353 Mixed-Use (Caydon) 1977

DGA Planning | Architecture | Interiors 47 80 Life Sciences & Technology Nancy 5 2550 Fifth Ave., Suite 115, Scripps Research Ionis Escano 45 16 20 Architecture: 75 Corporate Conference Center (5) San Diego 92103 4 0 Interiors: 25 2002 www.dgaonline.com 619-685-3990

Ferguson Pape Baldwin Architects 44 76 Jim 6 4499 Ruffin Road, Suite 300, Biotech/high tech: 64 Healthpeak Properties The Ferguson 35 14 24 University: 20 Boardwalk RMR The Muse (10) San Diego 92123 26 0 1976 www.fpbarch.com 619-231-0751 David Gilmore LPA Inc. 42 90 Life science: 50 Civic/ 7 1600 National Ave., Eric Jones 42 14 10 Corporate/developer/health Revelle College - UCSD Matthew (7) San Diego 92113 0 0 care: 30 www.lpadesignstudios.com 619-929-3939 Porreca 1985 SDUSD Point Loma High AVRP STUDIOS 40 70 Residential/mixed-use/ School New Library/ 8 703 16th St., Suite 200, Doug Austin 44 12 15 corporate/hospitality: 50 Classroom Bldg/Plaza/ 1976 (6) San Diego 92101 (9) 15 Health care/education: 50 Stadium Upgrade MAAC The www.avrpstudios.com 619-704-2700 Ivy Escondido MiraCosta College, HED (Harley Ellis Devereaux) 39 80 Neville 9 225 Broadway, Suite 1300, Education: 60 Life Science/ Chemistry/Biotechnology Willsmore 39 16 20 Tech/Industrial: 30 Building; Becton Dickinson (15) San Diego 92101 0 0 2001 www.hed.design 619-398-3800 Lab Renovation (D3) Joseph Joseph Wong Design Associates Inc. 38 95 BOSA Diega Apartment Wong FAIA 10 2359 Fourth Ave., Hospitality/residential: 75 Towers 800 Broadway Matthew 36 15 5 Gov./educational: 25 (9) San Diego 92101 6 0 Tower Geaman www.jwdainc.com 619-233-6777 1977 Morse High School Roesling Nakamura Terada (RNT) Architects 38 80 Ralph 11 363 Fifth Ave., Suite 202, Modernization | Botanical 37 12 20 K-12: 44 Civic: 26 Building Renovation, Balboa Roesling (8) San Diego 92101 3 0 1980 www.rntarchitects.com 619-233-1023 Park

Steinberg Hart 30 25 Southeast Live Well Center; 12 320 Laurel St., Western Operations and Dan Stewart 27 14 75 Civic: 60 Mixed-use: 25 Training Center for the U.S. 1991 (12) San Diego 92101 11 0 www.steinberghart.com 619-239-9292 Navy SEALS

Quidel; Erasca; Novartis McFarlane Architects 27 85 Commercial/Office: 50 Life Neal 13 6256 Greenwich Drive, Suite 510, Gene Therapies; Rakuten 24 10 15 Science/Advanced Technology: Medical; Phase 3 Real Estate McFarlane (16) San Diego 92122 13 0 50 2003 www.mcfarlanearchitects.com 858-453-1150 Partners; RayzeBio

Dahlin Group Architecture Planning 27 75 Jack 14 501 W. Broadway, Suite 1080, 20 6 25 Multifamily: 75 Healthcare: 10 Airway Apartments Paradise Hills Elementary School Gallagher (26) San Diego 92101 35 0 1991 www.dahlingroup.com 858-350-0544 Jon Baker Richard BakerNowicki Design Studio 26 100 Logan Memorial Education Nowicki 15 731 Ninth Ave., Suite A, 28 10 0 Education: 100 Campus (New) Richland Buddy Gessel (11) San Diego 92101 (7) 0 Elementary School (Rebuild) www.bndesignstudio.com 619-795-2450 Brian Leonard 2011 "The Shell" SD Symphony Tucker Sadler Architects Inc. 25 65 Performance Venue Gregory 16 1620 Fifth Ave., Suite 200, Private Development: 75 Civic/ 22 6 25 Education: 25 Southwestern Community Mueller (22) San Diego 92101 14 10 College, Performing Arts 1957 www.tuckersadler.com 619-236-1662 Theatre

SGPA Architecture and Planning 25 45 Kearny High School Whole Keith 17 3111 Camino del Rio North, Suite 500, Education: 45 Sr. Living/ Site Modernization 26 5 55 Wellness: 27 University of San Diego, Pittsford (14) San Diego 92108 (4) 0 1969 www.sgpa.com 619-297-0131 Camino & Founders Hall

Mascari Warner Dinh Architects 23 50 Joseph 18 1717 Kettner Blvd., Suite 100, 23 3 50 Healthcare: 100 UCSD CUP Scripps Mercy Mascari Cancer Center Thai Dinh (NR) San Diego 92101 0 0 www.mascariwarnerdinh.com 619-814-0080 1989

The Miller Hull Partnership 21 67 8th and B St. Mixed-Use in Ben Dalton, 19 4980 North Harbor Drive, Suite 100, Public Infrastructure: 40 National City; City of San 20 15 33 Private Life Sciences: 30 Diego, Torrey Pines Fire AIA (24) San Diego 92106 5 0 2011 www.millerhull.com 619-220-0984 Station

Architects Hanna Gabriel Wells 21 80 San Diego Children's Zoo Randy 20 1955 Bacon St., Institutional/medical: 60 23 10 20 Commercial: 20 Sharp Healthcare Innovation Hanna (18) San Diego 92107 (9) 0 & Education Center 1997 www.architects-hgw.com 619-523-8485

(NR) Not ranked Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Source: The firms. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants In the case of a tie, firms are ranked by number of licensed architects, then alphabetically. or to imply a firm's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of (1) Top two areas of specialty and the percentage that each represents of 2020 gross billings. Percentages will not equal 100 in some cases. the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego 28 www.sdbj.com MAY 24, 2021

ARCHITECTURAL FIRMS  Ranked by number of local staff as THE LIST ARCHITECTURALRanked by number of local staff as ofFIRMS April 1, 2021 of April 1, 2021 # of local % of billings for staff: projects in: Top local Rank Firm 2021 S.D. County only executive(s) (Last Address 2020 U.S. Project specialties: Current local Year est. year) Website Phone % + (-) Licensed architects International Percentage(1) representative projects locally

Architects Mosher Drew 20 100 Mira Mesa High School William 21 1775 Hancock St., Whole Site Modernization, 23 11 0 K-12: 35 Higher Education: 25 MiraCosta CCD-Oceanside Magnuson (17) San Diego 92110 (13) 0 1948 www.mosherdrew.com 619-223-2400 Library Renovation

Studio E Architects 20 70 Grantville Trolley Housing UC Eric 22 2258 First Ave., Multifamily housing: 80 20 10 30 Charter schools: 20 San Diego Mandeville Art Naslund (25) San Diego 92101 0 0 Gallery 1987 www.studioearchitects.com 619-235-9262

Davy Architecture Inc. 20 95 VA La Jolla Patient Room 23 1053 10th Ave., Ric Davy 22 5 5 Healthcare: 50 Education: 30 Conversion Loma Linda Cath 1984 (21) San Diego 92101 (9) 0 Lab II www.davyarchitecture.com 619-238-3811 Wayne Holtan David Domusstudio Architecture 18 66 24 2800 Third Ave., Civita Elementary School La Pfeifer 22 15 34 Religious: 40 Educational: 40 Jolla Elementary School David Keitel (20) San Diego 92103 (18) 0 www.domusstudio.com 619-692-9393 John Pyjar Jon Dominy 1986

SCA Architecture 18 100 Village 2 Heritage Road Dennie 25 13280 Evening Creek Drive S., Suite 125, Industrial/Logistics: 40 Office/ Commercial Center 20 9 0 Interiors: 28 California Crossings Smith (23) San Diego 92128 (10) 0 1988 www.sca-sd.com 858-793-4777 Commerce Park Santa Clara Valley MC Cuningham 18 58 Behavioral Health, Sharp G. Wayne 26 1030 G St., 18 8 42 Health care: 40 Education: 20 Coronado Hospital Sub Hunter (28) San Diego 92101 0 0 Acute II and SPC-4D 2013 www.cuningham.com 619-849-1080 Upgrade

ID Studios Inc. 18 91 Deborah 27 236 S. Sierra Ave., Suite 110, Corporate: 40 Life Science/ 19 1 9 Tech: 40 Neurelis, Fish & Richardson Elliott (27) Solana Beach 92075 (5) 0 2005 www.idstudiosinc.com 858-523-9836

Awbrey Cook Rogers McGill Architects 17 80 San Diego Marriott Marquis 28 1045 14th St., Suite 100, Multi-family Residential: 40 Renovations Pinnacle Scot McGill 22 11 20 Hospitality: 37 Columbia Tower 2002 (19) San Diego 92101 (23) 0 www.acrma.com 619-398-3480 Apartments/Hotel

JCJ Architecture 17 17 San Diego Unified School Robert 29 750 B St., Suite 2800, Hotels/resorts: 75 Education/ District: Keiler Leadership 17 8 83 civic: 25 Academy and Linda Vista Gdowski (29) San Diego 92101 0 0 1947 www.jcj.com 619-282-9922 Elementary School

(NR) Not ranked Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Source: The firms. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants In the case of a tie, firms are ranked by number of licensed architects, then alphabetically. or to imply a firm's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of (1) Top two areas of specialty and the percentage that each represents of 2020 gross billings. Percentages will not equal 100 in some cases. the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego

CALIFORNIA 2021 FIRM AWARD

“They were tackling environmental issues before climate action was even a term. To call them strong in the sustainability category would be an understatement.”

“ Their published values and mission say it all: This firm really walks the walk. They have five tenets and have the FAMILY HEALTH CENTER proof to back each one.”

ARCHITECTURE ENGINEERING INTERIOR DESIGN LANDSCAPE ARCHITECTURE PLANNING SAN DIEGO IRVINE SACRAMENTO SAN JOSE DALLAS SAN ANTONIO

LPADesignStudios.com MAY 24, 2021 www.sdbj.com 29

ARCHITECTURAL FIRMS  Ranked by number of local staff as THE LIST ARCHITECTURALRanked by number of local staff as ofFIRMS April 1, 2021 of April 1, 2021 # of local % of billings for staff: projects in: Top local Rank Firm 2021 S.D. County only executive(s) (Last Address 2020 U.S. Project specialties: Current local Year est. year) Website Phone % + (-) Licensed architects International Percentage(1) representative projects locally

cass | sowatsky | consulting architects 16 22 P-1901 AAV/ACV at Camp Edward 30 3569 Fifth Ave., 15 6 78 Design-build: 100 Pendleton P-1024 V-22 Cass (32) San Diego 92103 7 0 Hangar at NB Corondado 1983 www.csc-a.com 619-298-3480 Sandra Platt/Whitelaw Architects Inc. 15 95 Lindbergh Schweitzer Gramley 31 4034 30th St., Civic/government: 50 Schools: Elementary School 16 6 5 50 Modernization MFRO IBPS Naveen (30) San Diego 92104 (6) 0 Waney www.plattwhitelaw.com 619-546-4326 Agriculture Facility 1979

PGAL 15 6 SeaWorld Discovery Matthew 32 2731 B St., Hospitality: 70 Corporate/ Restaurant + Aquarium 16 2 94 Commercial: 10 Seacoast Marketplace, Ellis (31) San Diego 92102 (6) 0 2002 www.pgal.com 619-269-5288 Imperial Beach

AO 14 90 Robert 33 731 S. Highway 101, Suite 14, Commercial: 60 Multifamily: The Watermark, San Diego 12 7 10 40 Alta Oceanside, Oceanside Budetti (34) Solana Beach 92075 17 0 2016 www.aoarchitects.com 714-639-9860

HBG Design 14 0 Joe 34 707 Broadway, Suite 900, Baruffaldi, 12 5 100 Hospitality: 100 na AIA (NR) San Diego 92101 17 0 www.hbg.design 619-858-7888 2016

Stephen Dalton Architects (SDA) 14 100 Stephen 35 444 S. Cedros Ave., Studio 190, Mixed-Use / Multi-family: 75 Secoya on Fifth, Arbor Crest 12 4 0 Custom Homes: 25 on Fourth Dalton (35) Solana Beach 92075 17 0 2004 www.sdarchitects.net 858-792-5906

HKS Architects 13 30 UC San Diego Theatre Jeff Larsen 36 12636 High Bluff Drive, Suite 400, Higher Education: 40 Life District Living and Learning Christopher 13 7 60 Science: 60 Neighborhood NMCSD Knell (NR) San Diego 92130 0 10 www.hksinc.com 858-429-5558 Balboa Clinical Labs 2012

HMC Architects 12 3 Escondido Union School Kyle 37 8910 University Center Lan, Suite 650, Healthcare: 25 PreK-12 District Del Dios Academy of 12 4 97 Education: 75 Arts and Sciences STEM Peterson (36) San Diego 92122 0 0 1989 www.hmcarchitects.com 619-744-4077 building

Vasquez Marshall Architects 11 100 F-35 Communications Bldg David 38 13220 Evening Creek Drive, Suite 117, Department of Defense: 95 and Infrastructure, MCAS 9 4 0 Private sector: 5 Miramar; and San Diego Vasquez (39) San Diego 92128 22 0 1995 www.vmarch.net 858-513-2290 Naval Medical Center

(NR) Not ranked Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Source: The firms. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants In the case of a tie, firms are ranked by number of licensed architects, then alphabetically. or to imply a firm's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of (1) Top two areas of specialty and the percentage that each represents of 2020 gross billings. Percentages will not equal 100 in some cases. the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego 30 www.sdbj.com MAY 24, 2021 ARCHITECTURAL FIRMS  Ranked by number of local staff as THE LIST of April 1, 2021 ARCHITECTURALRanked by number of local staff as ofFIRMS April 1, 2021 # of local % of billings for staff: projects in: Top local Firm 2021 S.D. County only executive(s) Address 2020 U.S. Project specialties: Current local Year est. Rank Website Phone % + (-) Licensed architects International Percentage(1) representative projects locally Taylor Design Palomar Health 8 90 Rehabilitation Institute Joe Lowe 39 2825 Dewey Road, Suite 200, Healthcare: 72 Science/ Scripps Memorial Hospital 9 3 10 Education: 28 2013 (38) San Diego 92106 (11) 0 Encinitas Acute Care www.WeAreTaylor.com 619-398-0440 Building

Hollander Design Group 8 95 Jeffrey 40 3603 Fifth Ave., Aya Healthcare Solar 8 2 5 Commercial: 90 Hospitality: 10 Turbines Hollander (40) San Diego 92103 0 0 2009 www.hollanderdg.com 858-309-4900

Lyons Warren, Engineers and Architects 8 35 CVS #11331 - San Diego, CA Tracy 41 9560 Candida St., (Imperial & 12th), Mr. Moto Lindquist 10 2 65 Retail: 98 Food service: 2 Pizza - San Diego, CA (37) San Diego 92126 (20) 0 1979 www.lyonswarren.com 858-573-8999 (Seaport Village)

Louisiana Miro Apartments H2 Hawkins + Hawkins Architects Inc. 7 34 Steven 42 726 Ninth Ave., Suite 1, Commercial: 90 Residential/ 14 Units Cedar Shores Hawkins 8 3 66 single/multifamily: 10 Clubhouse 8,000 s.f. with (NR) San Diego 92101 (13) 0 1987 www.H2asandiego.com 619-232-7700 Level 2 Pool Deck

KMA Architecture 6 20 Tecate Land Port of Entry 43 2710 Historic Decatur Road, Suite 201, Federal: 85 Commercial/office: Don Blair 7 4 80 15 San Ysidro Land Port of 1973 (41) San Diego 92106 (14) 0 Entry www.kma-ae.com 619-276-7710

Architects BP Associates Inc. 6 100 The Farm in Poway Roger 44 11858 Bernardo Plaza Court, Suite 120, Residential/multifamily: 50 Basinger 6 2 0 Mixed-use: 40 Hawthorn Street Apartments (42) San Diego 92128 0 0 Ivy Street Office Building 2002 www.abpa-inc.com 858-592-4710

Ajinomoto Bio Pharma Krenek Design Group Architecture Corp. 6 95 Defense Industry R&D/ Kimberly 45 6520 Nancy Ridge, Services Krenek 6 2 5 Manufacturing: 50 Life science Argonaut Manufacturing (43) San Diego 92121 0 0 R&D/Manufacturing: 50 1999 www.krenekdesign.com 858-558-5935 Services

Hubbell & Hubbell Architects Inc. 5 100 Shadow Mountain Baseball Drew 46 1970 Sixth Ave., Residential: 69 Commercial: Hubbell 6 1 0 29 Field Villa Formosa (44) San Diego 92101 (17) 0 Apartments 1995 www.hubbellandhubbell.com 619-231-0446 Jean- Claude CPCArchitects 3 99 47 3132 Tiger Run Court, Suite 113, Science: 70 Higher Education: Millipore Sigma - Carlsbad Constandse 3 2 1 30 SDSU - Calpulli Center Frederick (NR) Carlsbad 92010 0 0 www.cpcarchitects.com 858-449-3066 Powell 2013 (NR) Not ranked Business Journal. Eric Alderete, [email protected]. This list may not be reprinted in whole or in part without prior written permission from the Source: The firms. editor. Some companies have declined to participate or did not return a survey by press time. It is not the intent of this list to endorse the participants In the case of a tie, firms are ranked by number of licensed architects, then alphabetically. or to imply a firm's size or numerical rank indicates its quality. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of (1) Top two areas of specialty and the percentage that each represents of 2020 gross billings. Percentages will not equal 100 in some cases. the list, omissions and typographical errors sometimes occur. Please send corrections or additions to the Research Department at the San Diego

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