San Diego Industrial Rents Decline as Vacancy Climbs, Signaling Caution Among Investors

The San Diego industrial real estate market is undergoing a period of recalibration as rising vacancies and slower leasing activity temper rent growth and development momentum. According to Newmark’s Q1 2025 report, the average asking rent fell to $1.45 per square foot, a 5.3 percent decline year-over-year. This downturn coincides with an increase in total […]