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Downtown San Diego’s office market limps into new year

Vacancy climbs above 35%
CoStar Analytics
December 9, 2025 | 7:11 P.M.

Downtown San Diego's office market has been hollowed out since the beginning of the pandemic in 2020. Vacancy has climbed from 16.2% to the fourth quarter's 35.2% — for the highest rate among California's downtown office markets.

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