South Bay Office Vacancy Hits 23.6% as Leasing Activity Outpaces 2025 Average

Leasing volume climbs to 672,494 square feet while aerospace and automotive tenants continue to anchor demand across key submarkets A gradual reset continues across the South Bay office market as vacancy edges higher while leasing activity shows signs of renewed momentum. The first quarter of 2026 reflects a market still working through elevated availability, but […]