Connect CRE | Mark Nieto
San Diego has been one of the few major markets in California that has seen positive absorption in the office sector since the pandemic hit, but economic headwinds are now having a negative impact. A new report from Kidder Mathews indicates leasing volume in the second half of 2022 dropped to 1.1 million square feet, a 50% year-over-year drop and the lowest level since the end of 2020.
For the full story, go to Connect CRE.
© 2023 Connect Media. All rights reserved.
After record figures across most U.S. industrial markets in 2021 and 2022, key fundamentals cooled in 2023 and have been recalibrating ever since....
Read More
Everyone’s talking about converting empty old office buildings to higher, better use. Apartments are the goal, ideally with affordable rents....
Read More
Fletcher Baker has joined Kidder Mathews as a first vice president in Silicon Valley. He brings over 35 years of experience specializing in office/R...
Read More