As recently as 30 years ago, only about a half-million square feet of office inventory existed in what is now called the Rancho Bernardo Marketplace (to include Sabre Springs and Carmel Mountain Ranch) and it was considered a “small-tenant marketplace,” according to Gary Williams, senior vice president of Colliers International and a veteran of the local commercial real estate market.
Now, there's almost 5.5 million square feet of office inventory in Rancho Bernardo and its roster of tenants -- among which are Hewlett-Packard, Nokia, Northrup Grumman, Sony (the first integrated television factory opened in the United States by a Japanese company), Soitec and Teradata Corporation -- are worldwide leaders in their respective industries. Defense and technology are industries that have a particularly strong presence in Rancho Bernardo.