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Retail availability hits five-year high in San Diego

Space piles up from big-box closures
CoStar Analytics
January 23, 2026 | 6:03 P.M.

San Diego’s retail market ended 2025 with its highest availability rate since 2021. At 5.2%, it was a tick below the 10-year average. Over 1.3 million square feet was added to the leasing market in 2025, the most in a calendar year in the past decade.

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