San Diego Office MarketBeat Q1 2026
Cushman & Wakefield's San Diego Office MarketBeat Q1 2026 report documents office market conditions showing a vacancy rate of 15.4% (up 140 basis points year-over-year) and an overall asking rent of $3.48 per square foot, with negative net absorption of 335,000 square feet driven by Class A space losses in Central County submarkets. San Diego's employment grew 0.7% year-over-year to 1.6 million jobs through January 2026, with projected growth of only 1.0% in 2026 and 0.8% in 2027—both below the five-year historical average—indicating continued pressure on office demand amid modest hiring concentrated outside core office-using sectors.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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