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San Diego's 'blue economy'

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Did you know that investments in maritime-related businesses are among the safest in our current economy? San Diego has an opportunity to be at the forefront of the growing “Blue Economy” in such fields as desalinization, weather and observation science, to robotics.

This growing industry sector is represented by more than 1,400 local companies with $14 billion dollars of direct sales that employs a work force of more than 45,000 workers. The sheer size of this growing regional business sector provides a perfect platform for advancements in maritime technology and science, resulting in increased local investment and job growth. It also provides a great opportunity to support Navy and Marine veterans to assist with their specialized skills and training.

One firm is devoting its resources to focus on identifying the dominant businesses, their growth projections and the effect on their usage of real estate. McKinney Advisory Group principals, headquartered in San Diego, enjoy the amenities and benefits of San Diego’s environment and location. Their focus and expertise is helping build recognition of the importance of our local maritime industry.

Two local real estate advisers are working to bring together the common interests of maritime industries, the Blue Economy inertia and the value that our returning and retiring veterans can bring to the conversation.

Peter Quinn, senior corporate real estate adviser at McKinney Advisory Group, is one of the nation’s leaders in exposing and promoting the importance of maritime-related industry growth to our region and its impact on commercial real estate. Quinn’s team of researchers have compiled important data on San Diego regional maritime-related real estate uses and are exploring where growth will likely occur within the different industries.

McKinney Advisory Group’s research will be a vital tool in preparing for the growth that is expected. “A year from now, people will be talking about the Blue Economy and blue-tech industries with the same frequency as biotech and high-tech have enjoyed here in recent years. The opportunity for investment and business growth is as solid as it has ever been,” Quinn said.

Quinn hosted a recent roundtable discussion at The Daily Transcript on the Blue Economy, and has been instrumental in the organization of the upcoming CCIM Investment Forum on The Blue Economy on the Midway event in July.

Charlie Copelan, CCIM and adviser at McKinney Advisory Group, is traveling the country to attract maritime to San Diego. He has represented Fortune 500 companies’ real estate needs throughout the country, as well. McKinney Advisory Group has taken an aggressive approach to supporting local nonprofits who need corporate sponsorship.

“We have a chance to give back to the veterans who have served our country by recognizing and utilizing their many skills,” Copelan said. “Many companies have created training centers to improve and apply those skills to jobs here. The best part is that San Diego profits in more than one way from these efforts.”

McKinney Advisory Group professionals have made a commitment to utilizing their time, treasure and talents to advise for-profit and nonprofit companies on the appropriate solutions to their real estate needs. McKinney and CCIM are sponsoring a panel discussion on maritime in San Diego on July 11 at the USS Midway Museum. A portion of the proceeds from this event will go to support Navy-Marine Corps Relief Society and its efforts to reach our veterans with valuable information about financial services and training available.

Become a part of the conversation and register for the CCIM Maritime on the Midway event on July 11 by visiting: http://chapters.ccim.com/sandiego?action=show_eventDetail&eid=16052

To learn more about McKinney Advisory Group please visit mckinneyadvisory.com.

-Submitted by McKinney Advisory Group.

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