06/16/2026
he negotiating power just shifted in San Diego.
Q1 2026, across the four core asset types: — Office: 14.3% vacancy — Retail: 5.5%, holding steady — Industrial: $1.46/SF NNN, down 3.7% YoY — Multifamily: 5.4%, rents flat
Softer office and industrial numbers mean real room to negotiate — leasing your next storefront or underwriting your next deal.
Planning a move in 2026? Drew Ballard will walk the numbers with you. Book a consult — link in bio.
Drew Ballard · Commercial Real Estate Advisor, eXp Commercial · CA DRE #02280083 · GA #454368
