Our Market

The  CresaPartners office in San Diego tracks office and industrial statistics and trends in numerous submarkets extending from the U.S./Mexico border north to Camp Pendleton, an area accommodating approximately three million people which makes up San Diego County.  The county is divided into three distinct areas: South County, Central County and North County.   South County has a large concentration of industrial activity, including maquiladora operations on both sides of the border. Central County (a highly sought after area) is made up of San Diego’s downtown central business district and extends north to include the University Towne Centre and Del Mar Heights Class A office markets.  Central County consists of a mix of office, corporate headquarters/R&D, and warehouse/distribution industrial product.  North County, like South County, has a larger percentage of industrial use companies as well as a lesser mix of office and R&D companies.

The economic base of San Diego County has become very diverse with major contributors being government contracting in the fields of defense and aerospace engineering, tourism, biotechnology, healthcare, finance and education.

The San Diego County market has softened considerably over the past two years.  Rents have dropped significantly and with the current high vacancy rates, excellent opportunities exist and will continue to exist for companies focused on renewing or recasting their leases, locking in very favorable lease rates, as well as good opportunities to purchase facilities to house their businesses.  See the San Diego Tenant's Guide for current market specifics such as average rental and vacancy rates.

San Diego’s CresaPartners office is led by three managing principals with an average tenure in excess of 30 years experience in the San Diego County market.  The experienced brokerage team includes a mix of long term tenant representative brokers, former landlord brokers from the largest national brokerage firms and aggressive young brokers with strong real estate and finance training.  Their impeccable reputation and work ethic is evidenced by their long term, proven track record in the marketplace.

Our Company

CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce & Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Management. With more than 50 North American offices, CresaPartners is the largest pure tenant representation firm in the U.S. and Canada. Through a partnership with BNP Paribas, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries.