Office

With core assets delivering thin returns, institutional investors are looking at value-add and redevelopment opportunities.

While WeWork hasn’t openly billed the program as a brokerage service, some in the industry view the move as a way to change the brokerage business.

It may only be a matter of time before San Diego’s rapidly expanding tech sector develops into Southern California’s answer to Silicon Valley.

Approximately 54.7 million sq. ft. in new office deliveries are projected for next year.

Among the key factors affecting the sudden rise in TI allowances is a significant increase in new inventory that impacted supply and demand dynamics nationally.