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You will find many
San Diego Office Space listings on BuildingSearch.com. We track thousands of available office space listing in San Diego, as well as
industrial, retail, and mixed-use developments. Be sure to include the various
San Diego Office Space categories while searching for
San Diego Office Space listings.
Office space in San Diego is generally defined by the quality of the office building available and ranked accordingly.
- Class A office space listings in San Diego are the highest quality office space or buildings available for lease. Most San Diego office
buildings of this caliber provide San Diego Office Space for lease by suite and house many commercial real estate tenants in various sized
office suites. You may search directly for San Diego Office Space listings on BuildingSearch.com’s advanced search engine by clicking on a region of our
homepage map. We even track San Diego Office Space for sale listings as well.
- Class B San Diego Office Space listings are the second highest quality buildings available in the San Diego Office Space rental market.
These buildings also offer office space for rent suite by suite.
San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a
population of 1,256,951. It is the second largest city in California and the eighth largest city in the United States. It is the county seat of
San Diego County and is the economic center of the San Diego–Carlsbad–San Marcos metropolitan area, the 17th-largest metro area in the U.S. with a
population of 2.9 million as of 2006, and the 21st largest Metropolitan area in the Americas when including Tijuana (See San Diego-Tijuana Metro.).
San Diego County lies just north of the Mexican border—sharing a border with Tijuana—and lies south of Orange County. It is home to miles of beaches,
a mild Mediterranean climate and 16 military facilities hosting the United States Navy, the United States Coast Guard and the United States Marine Corps.
The University of California, San Diego (UCSD) and the affiliated UCSD Medical Center combined with nearby research institutes in the Torrey Pines area
of La Jolla make the area influential in biotechnology research. San Diego's economy is largely composed of agriculture, biotechnology/biosciences,
computer sciences, electronics manufacturing, defense-related manufacturing, financial and business services, ship-repair and construction, software
development, telecommunications and tourism.
With the automobile being the primary means of transportation for over 80 percent of its residents, San Diego is served by an extensive network of
freeways and highways. This includes Interstates 5, which runs south to Tijuana and runs north to the Canadian border through Orange County,
Los Angeles, Sacramento, Portland, and Seattle; I-8, which runs east to Imperial County and Arizona; I-15, which runs north to the Canadian border
through Riverside County and Salt Lake City; and I-805, which splits from I-5 at Sorrento Valley and rejoins I-5 near the Mexican border. Notable state
highways are CA-94, which connects downtown with I-805, I-15 and east county; CA-163, which connects downtown with the northeast part of the city,
intersects I-805 and merges with I-15 at Miramar; CA-52, which connects La Jolla with east county through Santee and CA-125; CA-56, which connects
I-5 with I-15 through Carmel Valley and Rancho Peñasquitos; and CA-75 (San Diego-Coronado Bridge), which spans San Diego Bay.
San Diego is responsible for setting more than 42 historical "firsts" in aviation. These include records for altitude, distance, speed, duration,
in-flight refueling and aerial photography. Others include the first aviation radio and the first night flight.
At one time, San Diego was considered the "Air Capital of the West." Now, more than 75 years after the Airport's historic dedication
ceremony on August 16, 1928, the San Diego County Regional Airport Authority is working to ensure that the future of air transportation in the
San Diego region is as illustrious as its past.
Today, at the beginning of the 21st century, San Diego International Airport is the nation's busiest single runway commercial airport — serving over
15 million passengers each year, and servicing 19 airlines, seven airfreight companies, 16 airline support providers and 23 concessionaires. A far
cry from the first, dusty runway and single terminal, San Diego International Airport now contributes nearly $5 billion annually to the regional economy.
Several regional transportation projects have been undertaken in recent years to deal with congestion on San Diego freeways. This includes expansion of
Interstates 5 and 805 around "The Merge," a rush-hour spot where the two freeways meet. Also, an expansion of Interstate 15 through the North County is
underway with the addition of high-occupancy-vehicle (HOV) "managed lanes". A tollway (The South Bay Expressway) connecting CA-54 and Otay Mesa, near the
Mexican border, is also under construction and is expected to open in 2007
For 2007 and going into 2008, the
San Diego Office Space market is in equilibrium with what appears to be a level playing between landlords and tenants.
For every new space coming online there is a company standing by to absorb it. In certain submarkets where sublease space is high, tenants are still
getting bargains for decent sized chunks of space.
According to some industry sources, the aggregate amount of available
San Diego Office Space available for sublease has been increasing over the last
18 months. The good news for local landlords and sub-landlords is that sublease
office space in San Diego is moving. The primary driver is that
companies with surplus space are willing to dump the space at a significant discount relative to direct space opportunities. However, where sublease
space is high and speculative new developments close to completion, it is possible that
certain markets will upside down again with more space than can be absorbed anytime soon.
San Diego has experienced dramatic growth of residential real estate prices in the last decade, to the extent that the current situation is sometimes
described as a "housing affordability crisis". Median house prices more than tripled between 1998 and 2007. According to the California Association of Realtors,
in May 2007, a median house in San Diego cost $612,370. Growth of real estate prices has not been accompanied by comparable growth of household incomes: housing affordability index (percentage of
households that can afford to buy a median-priced house) fell below 20% in early 2000's and remains very low. San Diego metropolitan area has second
worst median multiple (ratio of median house price to median household income) of all metropolitan areas in the United States. As a consequence, San Diego
has been experiencing negative net migration since 2004, with significant numbers of people moving to Baja California and Riverside county, with many
residents commuting daily from Tijuana, Temecula, and Murrieta, while commuting to their jobs in San Diego. Others are leaving the state altogether and
moving to more affordable regions.
Note: When using our advanced search engine sort filters, to show all
office space in San Diego listings available, be sure to include the Office/R&D
building category.
San Diego Office Space listings are generally leased by the year, but the office space rental market offers other shorter term options. Some office
space for lease in San Diego will rent by the month and are marketed by executive office suite operators.
San Diego Office Space for rent in available
executive office suites is the most flexible in the office space rental market but generally these office space listings rent at a premium compared to
the traditional
San Diego Office Space rental market.