San Diego Industrial Market Report Q1 2026
The San Diego industrial market recorded 2.1 million square feet of leasing volume and positive direct net absorption of 250.5 thousand square feet in first quarter 2026, while vacancy increased to 9.6% and asking rental rates declined to $1.46 per square foot NNN. Industrial investment sales activity slowed with 1.4 million square feet trading across 54 transactions totaling $260 million, with average pricing falling to $307 per square foot amid selective capital markets and manufacturing employment declining 2.4% year over year in the San Diego-Chula Vista-Carlsbad MSA.
Published by Kidder Mathews. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Kidder Mathews
- Obtained from
- Kidder Mathews
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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