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Doug Ressler Ressler: “We see the San Diego market stabilizing and returning to a less-robust status.”

SAN DIEGO—Investor interest in the San Diego office market remains steady, and the bid-ask spread between buyers and sellers is expected to narrow, with more trades happening in the fourth quarter, Yardi Matrix’s director of business intelligence Doug Ressler tells GlobeSt.com. According to a Q3 report  based on a study by the firm and COMMERCIALCafe, San Diego registered a 340% year-over-year increase in sales volume, jumping ahead of the Bay Area, with 2.31 million square feet traded across 15 deals, making this its best quarter in five years.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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