Tuesday, October 9, 2012

San Diego, CA Office and Industrial Markets Demonstrate Ongoing Recovery in Third Quarter




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

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