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LinkedInLeasing Volume, Rent Growth and Investment Activity Have All Fallen By Joshua Ohl (Via: CoStar Analytics October 15, 2020 | 10:58 AM) San Diego’s office sector has endured a challenging stretch since the outbreak of the coronavirus pandemic. Leasing activity stumbled further in the third quarter, falling below 1 million square feet leased in the second […]
Proposition 13 revise: Proposition 15 would be biggest change to California property taxes in 4 decades
(Via: Roland Li and Joe Garofoli Oct. 5, 2020 Updated: Oct. 5, 2020 4 a.m.) Norges Bank, Norway’s sovereign wealth fund, caught a break when it bought a minority ownership stake in two San Francisco buildings four years ago. Norges paid $453 million for 44% ownership of 100 First St. and 303 Second St. It was an example of soaring San […]
Downtown San Diego’s Office Leasing Collapses Amid Pandemic
Vacancy and Availability Rates Reached All-Time Highs During the Third Quarter By Joshua Ohl August 19, 2020 | 9:58 A.M. (Via: CoStar Analytics) The pandemic has acted as a millstone on office leasing in San Diego, which has largely been in a state of paralysis since March. The slowdown in the second quarter, when leasing volume fell to […]