Report: San Diego Office Market Slows in 4th Quarter

Connect CRE   |   Mark Nieto

Posted In — News & Press | In the News

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.

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