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.
An Auburn industrial property at 4104 C. St N.E. sold this week for $45 million, according to King County records. For the full story, go to the...
Read More
Many urban retail markets around the nation are facing similar challenges from decreased foot traffic in the wake of the COVID-19 pandemic, as more...
Read More
Downtown Seattle’s vacancy rate continues to rise, though new office buildings are going up at a rapid rate. A report from Kidder Mathews pegs the...
Read More