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San Diego Office Market Faces Headwinds as Vacancy Climbs to 14.1% in Q4 2025

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Photo by Daniel Guerra on Unsplash
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Downtown struggles persist while investors target amenity-rich submarkets; annual sales volume reaches nearly $1.4 billion despite market challenges San Diego's office market concluded 2025 with mounting challenges as vacancy rates increased 160 basis points year-over-year to 14.1 percent, according to fourth-quarter data from Kidder Mathews. The market recorded negative net absorption of 141,600 square feet […]

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