Small leases have dominated office leasing in San Diego, California. In the first half of 2024, more than 50% of leasing volume was consumed by leases under 5,000 square feet, a trend that has carried over from 2023. The preceding 10 years averaged around 40% and never exceeded 47%.
Leasing Stalls at the Top of the Office Market in San Diego
Average Lease Size, Leasing Volume Stabilize Lower
By Joshua Ohl
CoStar AnalyticsJuly 12, 2024 | 4:50 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In