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High Vacancy Gives Tenants Leverage in Downtown San Diego

Asking Rents Were the Same Level in Mid-2024 as They Were in Mid-2017
CoStar Analytics
August 13, 2024 | 6:20 P.M.

Downtown San Diego, California's office vacancy rate is approaching 30%, which is the highest level recorded by CoStar in more than 20 years. It has edged higher by almost three percentage points in the past year.

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