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San Diego Retail Vacancy Holds Near 5% as Big-Box Leases Meet a Thin Pipeline

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Andrej Lišakov For Unsplash+
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San Diego's retail market absorbed a modest vacancy uptick through mid-2026, but a run of large national-tenant commitments and a nearly nonexistent construction pipeline have positioned the county for steadier footing heading into 2027, according to Marcus & Millichap's third-quarter retail report.

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