Travis Ives Ives: “I’m not predicting a turn in medical rents, but the recent quarter was the first in many quarters where we did not see an increase in the average asking rate countywide.”

SAN DIEGO—Supply and demand are still heavily weighted in the landlord’s favor and there’s very little speculative construction in the pipeline, so the decreasing medical-office rents the San Diego market saw in Q3 are likely just a temporary stall, Travis Ives, senior director of the healthcare practice group at Cushman & Wakefield, tells