San Diego Economy? Strong? Weak?

[j]

Commercial vacancies point to weak. If 20% of commercial buildings are vacant I say weak. 18% plus is the same thing.

[equalizer]

Not a bloodbath. Reeling retailers cut stores. Starbucks, Meryns, etc are closing stores.

Mike Moser, senior vice president of CB Richard Ellis, said San Diego’s retail real estate market is “still pretty healthy.” Vacancy rates have risen from an average of 1 percent to 1.5 percent last year to about 2.5 percentto 3 percent this year, he estimated.

“A neighborhood shopping center that was full a year ago may have one or two vacant spaces in it now, but that is coming off a market that had almost no vacancies,” Moser said. “It’s not like there is a bloodbath out there.

http://www.signonsandiego.com/news/business/20080726-9999-1b26mervyns.html

[equalizer]

Not a bloodbath. Reeling retailers cut stores. Starbucks, Meryns, etc are closing stores.

Mike Moser, senior vice president of CB Richard Ellis, said San Diego’s retail real estate market is “still pretty healthy.” Vacancy rates have risen from an average of 1 percent to 1.5 percent last year to about 2.5 percentto 3 percent this year, he estimated.

“A neighborhood shopping center that was full a year ago may have one or two vacant spaces in it now, but that is coming off a market that had almost no vacancies,” Moser said. “It’s not like there is a bloodbath out there.

http://www.signonsandiego.com/news/business/20080726-9999-1b26mervyns.html

[equalizer]

Not a bloodbath. Reeling retailers cut stores. Starbucks, Meryns, etc are closing stores.

Mike Moser, senior vice president of CB Richard Ellis, said San Diego’s retail real estate market is “still pretty healthy.” Vacancy rates have risen from an average of 1 percent to 1.5 percent last year to about 2.5 percentto 3 percent this year, he estimated.

“A neighborhood shopping center that was full a year ago may have one or two vacant spaces in it now, but that is coming off a market that had almost no vacancies,” Moser said. “It’s not like there is a bloodbath out there.

http://www.signonsandiego.com/news/business/20080726-9999-1b26mervyns.html

[equalizer]

Not a bloodbath. Reeling retailers cut stores. Starbucks, Meryns, etc are closing stores.

Mike Moser, senior vice president of CB Richard Ellis, said San Diego’s retail real estate market is “still pretty healthy.” Vacancy rates have risen from an average of 1 percent to 1.5 percent last year to about 2.5 percentto 3 percent this year, he estimated.

“A neighborhood shopping center that was full a year ago may have one or two vacant spaces in it now, but that is coming off a market that had almost no vacancies,” Moser said. “It’s not like there is a bloodbath out there.

http://www.signonsandiego.com/news/business/20080726-9999-1b26mervyns.html

[equalizer]

Not a bloodbath. Reeling retailers cut stores. Starbucks, Meryns, etc are closing stores.

Mike Moser, senior vice president of CB Richard Ellis, said San Diego’s retail real estate market is “still pretty healthy.” Vacancy rates have risen from an average of 1 percent to 1.5 percent last year to about 2.5 percentto 3 percent this year, he estimated.

“A neighborhood shopping center that was full a year ago may have one or two vacant spaces in it now, but that is coming off a market that had almost no vacancies,” Moser said. “It’s not like there is a bloodbath out there.

http://www.signonsandiego.com/news/business/20080726-9999-1b26mervyns.html

[equalizer]

CA already has highest regulations, highest taxes, highest energy costs, nearly highest labor costs. Compare Small retailer like pizza shop or UPS store in CA to other states and the profit margin is half. Why is anyone still here??

[equalizer]

CA already has highest regulations, highest taxes, highest energy costs, nearly highest labor costs. Compare Small retailer like pizza shop or UPS store in CA to other states and the profit margin is half. Why is anyone still here??

[equalizer]

CA already has highest regulations, highest taxes, highest energy costs, nearly highest labor costs. Compare Small retailer like pizza shop or UPS store in CA to other states and the profit margin is half. Why is anyone still here??

[equalizer]

CA already has highest regulations, highest taxes, highest energy costs, nearly highest labor costs. Compare Small retailer like pizza shop or UPS store in CA to other states and the profit margin is half. Why is anyone still here??

[equalizer]

CA already has highest regulations, highest taxes, highest energy costs, nearly highest labor costs. Compare Small retailer like pizza shop or UPS store in CA to other states and the profit margin is half. Why is anyone still here??

[JerseyGrl]

Why is anyone still here??

The weather………..

[JerseyGrl]

Why is anyone still here??

The weather………..

[JerseyGrl]

Why is anyone still here??

The weather………..

[JerseyGrl]

Why is anyone still here??

The weather………..

[Author]

Posts