Wednesday, July 8, 2026
Family Office Briefing on research byKidder Matthews·Oct 11, 2023

San Diego Industrial Market Report - 3rd Quarter 2023

San Diego industrial vacancy rate increased to 5.0% in 3Q23 — family offices should consider co-GP opportunities amid rising vacancies.

IndustrialSan DiegoCalifornia2023

Key Metrics

MetricValue
Vacancy Rate5.0%
Availability Rate10.0%
Asking Lease Rate1.54$/SF
Lease Transactions1,466,527SF
Net Absorption-572,663SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around San Diego? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.