While demand for office space remains steady in the San Diego market, the market
took a little breather during the third quarter with continued signs of a tightened
market as asking rents climb to an all-time record high and vacancy hovering at
the record low from year end 2017. However, the foundation of San Diego’s office
market remains sturdy, with a strong employment base sustained by tech, life
sciences and healthcare providing a backbone of stability. We anticipate the office
market will continue to persist and grow in demand, albeit at a slower pace than
previous years in the cycle. Read More

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