San Diego’s office rents grew 3.6% in the 12 months ending after the third quarter. Although rent growth further decelerated after recording more than 5% growth after the first quarter this year, it is still an improvement over the long-term average of 2.6%. Office rents have now grown for 31 straight quarters in San Diego.
San Diego’s Office Rents Grow Above Long-Term Average
CoStar Insights: Life Science and Tech Firms Spurred Rent Growth in San Diego's Tech Corridor
By Joshua Ohl
CoStar Analytics
October 29, 2019 | 5:59 P.M.
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