O F F I C E
San Diego's office market is supported by a mix of defense contractors, healthcare providers, life science firms, and tech companies. Several top universities, including UC San Diego, the University of San Diego, and San Diego State University, provide a talent pool of job-seeking graduates and collaborative work with firms and research institutes...(click for full report).
12 Month Deliveries in SF: 662 K
12 Month Net Absorption in SF: 443 K
Vacancy Rate: 11.5%
12 Month Rent Growth: 1.6%
I N D U S T R I A L
San Diego's industrial foundation is well balanced between high demand for logistics space that can satisfy the needs of last-mile distribution and e-commerce tenants alongside demand for lab space within flex buildings that can accommodate the cutting-edge requirements of the region's life sciences firms...(click for full report).
12 Month Deliveries in SF: 4.9 M
12 Month Net Absorption in SF: 8.2 M
Vacancy Rate: 3.5%
12 Month Rent Growth: 8.2%
R E T A I L
The retail landscape has improved over the past few quarters following the disruption caused by the pandemic. Now, a different problem has emerged, as many retailers are struggling to find enough workers to fill job openings leading to longer queues, shorter business hours, and smaller menus…(click for full report).
12 Month Deliveries in SF: 521 K
12 Month Net Absorption in SF: 43.8 K
Vacancy Rate: 5.0%
12 Month Rent Growth: 1.6%
M U L T I F A M I LY
The San Diego apartment market is amid a stretch of the strongest demand in at least 20 years as occupancies have skyrocketed, rent growth has soared, and the number of available units has fallen to the lowest level on record. Trailing 12-month net absorption has reached an all-time high in 2021, and the overall vacancy rate of 2.3% compares to the stabilized rate of 1.5%. Occupancies in 1 & 2 and 3 Star inventory average close to 99% across the entire county…(click for full report).
12 Month Deliveries in SF: 4,841
12 Month Net Absorption in SF: 9,619
Vacancy Rate: 2.3%
12 Month Rent Growth: 12.9%
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