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SAN DIEGO, CA-Vacancy is on the decline and rental rates on the rise in the local office market, according to recent research published by Marcus & Millichap. The report states that vacancy is on track to decline 50 basis points to 11.9%, while rental rates are expected to move up by 4%.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!