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San Diego offers affordable office rent compared to other California markets

​San Diego has the lowest average asking office rents among key California office markets. This enables companies to have direct access to a highly talented and educated labor pool in San Diego while saving on real estate costs.

The San Diego nonfarm employment base has grown 15.8 percent since 2010 to 1,436,400. The expanding economy provides a strong foundation for job growth from a diverse set of industries, including tech, life sciences, and business services.

As companies get priced out of more expensive markets, they can turn to San Diego and its growing economy and high quality of life.

Source: JLL Research, EDD

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