 |
| Chris Wood |
San Diego, CA (Oct. 09, 2012) – San
Diego’s office and industrial markets demonstrated ongoing recovery in the
third quarter of 2012, according to a Third Quarter Market Report from Voit
Real Estate Services.
Office lease rates increased, rising from their bottom
during Q3, while the industrial market posted its tenth consecutive quarter of
positive net absorption.
“These numbers are positive indicators that the San Diego
market is moving toward continued recovery,” said Chris Wood, Managing
Director of Voit’s San Diego office.
“As we predicted, lease rates are beginning to increase, and
more space is being absorbed, which will help support a recovery. We expect
that this trend will continue, resulting in a further increase in investment
and leasing activity throughout the remainder of 2012 and 2013.”
For a complete copy
of the company’s news release, please contact:
Jenn Quader / Judith Brower
Brower, Miller & Cole
(949) 955-7940
No comments:
Post a Comment