San Diego’s industrial vacancy rate has risen by 0.7% during the past 12 months to 3.8%. While still low from a historical perspective, beating the market's long-term average of 7.1%, it comes at a time when leasing velocity has moderated as concerns have spread about economic headwinds.
San Diego’s Industrial Market Reaches 10-Year High in Sublet Space
More Space Is Likely Coming
By Joshua Ohl
CoStar Analytics
March 10, 2023 | 9:32 P.M.
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