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In a market that has seen very little construction in recent years, strong leasing has led to 17 quarters of steadily increasing occupancy. With years of available space, tenants have had ample space to choose from. Now that space begins to fill up, mid to large size tenants are finding themselves with fewer options in high demand submarkets. As vacancy rates start to rise, however, developers may be hesitant to build new spec space.
How will tenants be making decisions in a market that is hesitant to build new? Will we see a spark in construction activity, and how will developers accurately assess demand?
Join us as we explore the region's office market, forecast its future and discuss solutions to areas of opportunity.
For questions, recommendations and press inquiries, please email San Diego Event Producer James Shearin at James.Shearin@bisnow.com.
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