San Diego Lab Market Shrinks to Small Blocks as 58% of Availability Falls Under 20,000 SQFT

Savills' third-quarter contiguous block analysis shows that most of San Diego's available lab space is now offered in blocks of less than 20,000 square feet, and the quarter's leasing followed the same pattern: four mid-size and small commitments plus one 171,001-square-foot outlier, as landlords facing 28.5 percent vacancy cut buildings into suites and build out move-in-ready space.