Category Archives: speculative development

Q2 2015 San Diego Office Market Statistics: Rising rents and falling unemployment good news at mid-year

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Our Quarterly Office Statistics reports provide detailed office real estate leasing data for the various metro areas we cover on a quarterly basis. Data includes inventory, completions, vacancy, rents, absorption, and new construction for buildings at the overall metro and submarket level categorized by class.

Click here for more market insight on our San Diego research group… Read More

Q1 2015 San Diego Office Market Statistics: Steady rent growth continues

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Rent continued to increase as the supply of large blocks and high-end Class A space continued their decline.

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Q1 Highlights:

Demand

  • The San Diego office market reported slightly negative net absorption of 5,258 SF this quarter.
  • 4.0 million SF of tenants are currently in the market, the majority of which are technology companies. 3.3 million SF of tenants are expected
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Q4 2014 San Diego Office Market Statistics: Market dynamics pave the way for speculative construction

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The San Diego economy continues to add jobs with November having the largest annual job growth so far this year.

Q4 Highlights:

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Demand

  • San Diego added 43,000 jobs in the last twelve months, the highest level for 2014. Office-using Professional and Business Services super-sector reported the largest employment gains over the year, adding 13,300 jobs.
  • The San Diego office market reported positive net
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Speculative construction: Who has the most to lift?

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U.S. speculative development is increasing across the country with an emphasis on the west coast.  Speculative developers have focused their attention to the consistent net absorption gains in gateway markets, a dwindling supply of large blocks of Class A space and build-to-suit activity.  By geography, the West has the highest speculative to total construction ratio with 66 percent, followed by central and then the east.  Read this weeks IndustrialImpact series to learn more about U.S. markets that have… Read More