Monthly Archives: May 2014
“Whatever the mind of man can conceive and believe, it can achieve.”
–Napoleon Hill“Whatever the mind of man can conceive and believe, it can achieve.”
Market Trend: San Diego Industrial Vacancy Down to 7.8%
The San Diego Industrial market ended the first quarter 2014 with a vacancy rate of 7.8%.
The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,012,822 square feet in the first quarter. That compares to positive 1,107,723 square feet in the fourth quarter 2013. Vacant sublease space increased in the quarter, ending the quarter at 676,729 square feet.
Rental rates ended the first quarter at $10.35, an increase over the previous quarter. A total of two buildings delivered to the market in the quarter totaling 226,579 square feet, with 115,000 square feet still under construction at the end of the quarter. Continue reading Market Trend: San Diego Industrial Vacancy Down to 7.8%
Horizon Resources Inc 