San Diego's employment dips in delayed jobs report
Office-using sectors shed more positions
The long-awaited jobs report for September was released for San Diego. The report released by the Bureau of Labor Statistics showed that the San Diego region’s unemployment rate di...
Downtown San Diego’s office market limps into new year
Vacancy climbs above 35%
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...
Sacramento faces prolonged apartment rent losses
Concessions reach two-year high
Month-over-month rent losses in Sacramento stretched into November, although if there’s a silver lining for landlords, the losses were a marginal 0.1%. That came off of October, wh...
San Diego apartment rents fall for sixth consecutive month
Concessions surge ahead of the holidays
November’s rent losses looked familiar: Apartment rents have fallen by 0.4% each of the past three months. culminating in annual rent growth declining by 0.3% to an average of $2,5...
Warehouse occupiers seek clarity in Otay Mesa
Momentum in industrial properties near San Diego fades following rise in tariffs
The Otay Mesa land border is the busiest port for imports between the United States and Mexico in California. Roughly $50 billion in trade crosses through the Otay Mesa Port of Ent...
Multifamily development eases across Sacramento
Construction starts pull back
After a 20-year high in market-rate completions between 2022 and 2024, this year figures to provide residential landlords a breather among competing lease-ups across the Sacramento...
San Diego vacancy creeps up, but medical office properties show stability
Single-story properties outperform multistory buildings during third quarter
Vacancy ticked up during the third quarter across San Diego medical office buildings to 6.9%. Even so, vacancy has been trending below the 10-year average of 7%, a level that was l...
San Diego’s small-bay properties see vacancies rising
The trajectory follows the overall industrial market
It has been nearly three years since occupancy increased quarter over quarter in San Diego’s industrial market.
For Sacramento, five months on a rent slide
Apartment rents plunge in October
Rents took a nosedive in October across the Sacramento region, falling 0.7% month over month to an average asking rent of $1,850 per month. That’s dragged annual rent growth into t...
San Diego rents dip ahead of the holidays
Few areas of the metro area are spared from rent losses in October
In what has by now become an all-too-familiar pattern, apartment rents fell month over month during October, continuing the drought in rent growth that has now stretched to five mo...
Northern and Southern California diverge on rent
Apartment rent growth accelerates in the Bay Area
After navigating California’s deepest lows in rent performance following the onset of the pandemic, Bay Area multifamily markets in San Jose and San Francisco have reversed course ...
California logistics markets struggle as demand for large properties softens
Sublease space remains elevated as small bay properties outperform
California’s logistics real estate market is navigating a period of recalibration in 2025, with large-format industrial properties facing elevated availability and muted demand. Wh...
San Diego office market limps into the end of the year
Few green shoots emerge across the region
Recent months have done little to change San Diego’s office narrative. The vacancy rate has climbed unabated to over 13% at the end of the third quarter, marking the highest level ...
Retail availability has been stable in Sacramento
Space tightens in power centers
Sacramento has navigated the recent wave of national bankruptcies and closures much like the rest of the country. The availability rate inched up 20 basis points through the first ...
Retail availability loosens in San Diego
Malls see largest uptick
San Diego's retail market is experiencing a notable shift in the landscape, with space availability loosening.
Sacramento apartment rents decline
Supply pressure hampers rent growth in Northern California area
Sacramento’s apartment rents retreated in September, falling 0.4% month over month to an average asking market rent of $1,860 per month.
Summer ends with a whimper in San Diego
Apartment rents retreat across the market
Apartment rents in San Diego wrapped up September in uninspiring fashion after falling 0.4% month over month to an average of $2,530 per month.
With mixed job news, unemployment rate dips in Sacramento
Healthcare jobs drove employment gains in the past year
The Sacramento region’s unemployment rate dipped from 5.6% in July to 5.4% in August, according to the latest jobs report released by the Bureau of Labor Statistics. The August rat...
Healthcare-related positions drive San Diego job growth
Region's overall office-using employment loses ground
After reaching its highest unemployment rate since 2021 this summer, the San Diego region saw a slight improvement in August, with unemployment dipping to 5%, according to the late...
Industrial development pulls back across San Diego
Construction starts on new industrial facilities slow to a 10-year low
San Diego’s industrial construction pipeline has slowed significantly in 2025, with new starts falling to a 10-year low across the region.