[quote=sdrealtor]The vacant office space in SD is predominantly downtown. Suburban office space is doing much better[/quote]
I’m guessing most of us don’t understand how commercial RE works…
It’s not a simple, well a lot more people are working from home, so offices must be closing or vacant….
Sounds to me that there are a lot more jobs here in SD now, whether it’s remote or not remote.
Which is why I don’t understand’s DZ’s facination with some companies are now asking people to return back to the office in San Diego thinking that will cause real estate to crash by itself….
If we did have job growth in SD and a good portion is in life sciences and biotech, then lot more people now earn a lot more in SD….since I don’t know too many biotech scientists that are paid peanuts ..
