San Diego Industrial Vacancy Climbs to 9.7% as Rents Fall 4.5% Year-Over-Year

Third-quarter leasing activity reaches 2.1 million square feet despite softening fundamentals San Diego's industrial real estate market continues adjusting to oversupply conditions as businesses seek modern warehouse space while landlords face mounting pressure on occupancy rates. The region's industrial vacancy rate reached 9.7 percent in the third quarter, representing a 260-basis-point increase from the same […]