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San Diego Neighborhood’s First Spec Office Building in Over a Decade Crosses Construction Finish Line

New Development Has Already Landed Anchor Tenant Despite Marketwide Leasing Deceleration
Semiconductor giant ASML signed a lease to fill out two-thirds of the newly constructed office building at 16705 Via Del Campo Court in the greater San Diego area. (Drawbridge Realty)
Semiconductor giant ASML signed a lease to fill out two-thirds of the newly constructed office building at 16705 Via Del Campo Court in the greater San Diego area. (Drawbridge Realty)
CoStar News
March 14, 2024 | 7:58 P.M.

The national office market's record-high vacancy rate and depressed leasing demand have coagulated to produce a less-than-ideal environment for speculatively developed properties that are just now hitting the market. For one project in the greater San Diego area, however, it's been able to finish up construction on some unusually solid footing.

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