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September 2, 2010
  San Diego County Direct Vacancy Rate
Analysis by Property Type
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Office

Industrial

Retail
 

Cassidy Turley BRE Commercial
*1Q10 vs. 2Q10 for office and industrial and 1H10 vs.2H09 for retail


The table above summarizes how many submarkets countywide by property type have seen a decrease in direct vacancy rate over the last three years, the last year and the last period. For office and industrial property types last period is quarterly (comparison of 2Q 2010 vs. 1Q 2010). For retail, the last period is second half of 2009 compared to the first half of 2010.

- Over the last three years, four retail submarkets of 29 countywide and two office submarkets of 30 countywide have recorded a decrease in direct vacancy rate.

- Over the last year, 15 retail submarkets of 29 countywide, 12 office submarkets of 30 countywide and eight industrial submarkets of 25 countywide have recorded a decrease in direct vacancy rate.

- Over the last period (over the last quarter for office and industrial and over the last six months for retail), 20 retail submarkets, 12 office and 14 industrial submarkets have recorded a decrease in direct vacancy rate showing signs of improvement in tenant occupancy.



Need more information? Contact:

Jolanta Campion
Director of Research
Cassidy Turley BRE Commercial
4350 La Jolla Village Drive, Suite 500, San Diego, CA 92122
T (858) 625-5235   F (858) 630-6320
jcampion@breb.com   www.brecommercial.com
CA License 01785014
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