Downtown San Diego’s Office Vacancy Expected To Remain Elevated

If observers squint hard enough, they might see the silver lining in the downtown San Diego office market, which from a different vantage point doesn’t look all that promising. Downtown has the region’s highest availability rate at more than 36%, a record for the area, and also has the region’s highest vacancy rate among primary office nodes, at more than 24%, also an all-time high for downtown San Diego.