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San Diego Industrial Market Report

3rd Quarter 2019

Posted In — Market Research | Market Report

A strong local economy has supported a thriving industrial market in San Diego. At the end of the third quarter, average asking rental rates soared to an all-time record high as rent growth nearly doubled the historical average. Additionally, the San Diego industrial market received the largest volume of new supply last year in over a decade and developers show no signs of slowing down, with almost two million square feet projected to be delivered by year’s end.

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