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Downtown San Diego Braces for New Speculative Office Development Amid Record High Vacancy

If You Build It, Will They Come?
CoStar Analytics
October 11, 2023 | 8:29 P.M.

Few areas of San Diego have been as disrupted by the shift in office fundamentals as Downtown. The area's vacancy rate has increased by more than 900 basis points since the end of 2019, while the availability rate has nearly doubled to 37%.

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