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Sublet space weighs on industrial vacancy in San Diego

Vacancy reaches 10-year high
CoStar Analytics
November 7, 2024 | 9:39 P.M.

San Diego’s industrial market, made up of logistics, specialized and flex properties, has seen leaner demand since last year. The result has been negative net absorption — which tracks the change in occupancy over time — piling up for seven consecutive quarters.

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