The San Diego investment market has experienced sustained growth over the past three years
Investor interest in the market is driven by rising rental rates, strong demographic trends, and anticipated employment growth across a number of industries. Of the commercial property sectors, multifamily has the strongest fundamentals.
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Investors are eyeing San Diego because of the sustained market growth in all asset classes and to take advantage of rising rental rates.
Rent growth is expected to be three to five percent through 2017. Vacancy can be as low as two to three percent in some of the strongest submarkets and upwards of five percent countywide.