Southern California Office Stats 3Q08

Oct. 16, 2009 6:02 PM PT


Market	Inventory	# of Buildings	Direct Vacancies	Direct Vacancy Rate	Sublease Vacancies	Sublease Vacancy Rate	Overall Vacancies	Overall Vacancy Rate	YTD Direct Absorption	YTD Leasing Activity	YTD Construction Completions	Direct Wtd Class A Rental Rate*	Overall Rental Rate*
Central Business District	29,018,909	59	3,474,900	12.0%	496,675	1.7%	3,971,575	13.7%	75,085	1,313,613	0	$3.29	$3.11
South Park	1,505,934	6	256,073	17.0%	0	0.0%	256,073	17.0%	(75,898)	47,008	0	$2.75	$2.64
Central City East	1,854,694	12	446,957	24.1%	102,951	5.6%	549,908	29.6%	119,540	132,607	0	N/A	$1.59
Little Tokyo/Chinatown	610,213	7	12,638	2.1%	0	0.0%	12,638	2.1%	(784)	5,699	0	N/A	$2.04
Central City West	3,993,851	14	339,353	8.5%	17,857	0.4%	357,210	8.9%	9,846	232,228	0	$3.12	$2.90
DOWNTOWN LOS ANGELES	36,983,601	98	4,529,921	12.2%	617,483	1.7%	5,147,404	13.9%	127,789	1,731,155	0	$3.25	$2.93
Mid-Wilshire	7,694,131	44	310,765	4.0%	6,175	0.1%	316,940	4.1%	(117,138)	61,863	0	$1.96	$1.65
Park Mile	1,079,452	11	29,447	2.7%	0	0.0%	29,447	2.7%	4,310	26,077	0	$2.10	$1.94
Hollywood	2,036,037	25	99,623	4.9%	12,337	0.6%	111,960	5.5%	4,678	40,702	0	$3.33	$2.88
WILSHIRE CENTER	10,809,620	80	439,835	4.1%	18,512	0.2%	458,347	4.2%	(108,150)	128,642	0	$2.62	$1.95
210 Corridor	2,731,621	35	160,911	5.9%	268,593	9.8%	429,504	15.7%	(39,238)	20,905	0	$2.35	$1.89
El Monte/S El Monte	1,193,998	17	45,357	3.8%	0	0.0%	45,357	3.8%	(418)	21,966	0	N/A	$1.92
Alhambra/Monterey Park	2,206,963	21	186,617	8.5%	2,920	0.1%	189,537	8.6%	(26,525)	84,943	0	$2.62	$2.51
City of Industry/Diamond Bar	2,554,940	38	271,629	10.6%	50,836	2.0%	322,465	12.6%	(97,876)	82,340	26,001	$2.76	$2.34
Covina/West Covina	1,153,781	17	150,515	13.0%	0	0.0%	150,515	13.0%	8,076	106,337	0	$2.60	$2.35
Pomona/San Dimas	1,583,928	20	495,290	31.3%	49,681	3.1%	544,971	34.4%	(79,896)	19,962	0	$2.77	$1.93
SAN GABRIEL VALLEY	11,425,231	148	1,310,319	11.5%	372,030	3.3%	1,682,349	14.7%	(235,877)	336,453	26,001	$2.62	$2.10
LA CENTRAL	59,218,452	326	6,280,075	10.6%	1,008,025	1.7%	7,288,100	12.3%	(216,238)	2,196,250	26,001	$3.16	$2.67
Universal City/Studio City	1,884,655	16	58,621	3.1%	0	0.0%	58,621	3.1%	7,913	57,930	0	$3.23	$3.02
Burbank - Media District	2,650,037	16	84,925	3.2%	5,693	0.2%	90,618	3.4%	26,683	149,110	0	$3.32	$3.31
Burbank - City Center	2,637,310	34	121,972	4.6%	69,378	2.6%	191,350	7.3%	(13,584)	235,074	0	$2.70	$2.48
Glendale	6,008,032	46	744,336	12.4%	104,150	1.7%	848,486	14.1%	(59,697)	268,323	0	$2.81	$2.72
Pasadena	6,104,999	57	456,177	7.5%	60,619	1.0%	516,796	8.5%	(94,773)	242,329	0	$3.83	$3.50
Pasadena East	1,323,466	11	173,197	13.1%	0	0.0%	173,197	13.1%	(11,056)	5,818	0	N/A	$2.42
North Hollywood	1,083,694	13	18,991	1.8%	0	0.0%	18,991	1.8%	(11,490)	188,808	0	$2.60	$2.57
TRI CITIES	21,692,193	193	1,658,219	7.6%	239,840	1.1%	1,898,059	8.7%	(156,004)	1,147,392	0	$3.17	$2.91
LAX/Century Blvd.	3,928,489	19	1,350,791	34.4%	19,461	0.5%	1,370,252	34.9%	(62,842)	183,152	0	$1.60	$1.59
El Segundo/Beach Cities	10,421,724	72	1,248,758	12.0%	42,286	0.4%	1,291,044	12.4%	(71,858)	1,565,801	0	$2.72	$2.55
LAX/EL SEGUNDO	14,350,213	91	2,599,549	18.1%	61,747	0.4%	2,661,296	18.5%	(134,700)	1,748,953	0	$2.31	$2.06
Suburban Long Beach	4,342,108	46	298,436	6.9%	21,707	0.5%	320,143	7.4%	(41,115)	275,543	0	$2.58	$2.05
Carson/San Pedro	805,344	9	16,871	2.1%	0	0.0%	16,871	2.1%	142	1,492	0	$1.95	$1.95
Downtown Long Beach	3,915,194	22	446,838	11.4%	57,296	1.5%	504,134	12.9%	(105,067)	289,384	0	$2.62	$2.11
LONG BEACH	9,062,646	77	762,145	8.4%	79,003	0.9%	841,148	9.3%	(146,040)	566,419	0	$2.54	$2.09
190th Street Corridor	3,528,276	30	680,329	19.3%	18,966	0.5%	699,295	19.8%	264,092	291,387	0	$2.49	$2.27
Central Torrance	3,502,607	46	366,939	10.5%	12,695	0.4%	379,634	10.8%	(149,202)	222,317	0	$2.60	$2.42
TORRANCE	7,030,883	76	1,047,268	14.9%	31,661	0.5%	1,078,929	15.3%	114,890	513,704	0	$2.56	$2.33
LA SOUTH	30,443,742	244	4,408,962	14.5%	172,411	0.6%	4,581,373	15.0%	(165,850)	2,829,076	0	$2.38	$2.13
Miracle Mile	4,653,496	20	349,132	7.5%	59,965	1.3%	409,097	8.8%	106,503	396,825	0	$3.30	$3.18
West Hollywood	1,385,726	15	51,170	3.7%	0	0.0%	51,170	3.7%	(23,958)	89,220	0	$5.06	$4.96
Beverly Hills	6,222,600	68	341,425	5.5%	73,511	1.2%	414,936	6.7%	(75,369)	254,700	0	$4.42	$4.18
Century City	9,886,458	21	772,758	7.8%	67,130	0.7%	839,888	8.5%	(106,082)	446,464	0	$4.53	$4.33
Westwood	2,700,807	11	283,914	10.5%	39,189	1.5%	323,103	12.0%	(71,257)	70,875	0	$5.23	$5.01
Brentwood	3,286,508	23	158,443	4.8%	32,597	1.0%	191,040	5.8%	(70,697)	110,943	0	$4.63	$4.27
Santa Monica	7,691,415	76	444,300	5.8%	313,675	4.1%	757,975	9.9%	43,832	487,512	66,899	$5.41	$4.95
Pacific Palisades	160,407	3	30,503	19.0%	0	0.0%	30,503	19.0%	(5,404)	9,454	0	$3.79	$3.90
West Los Angeles	5,612,769	50	324,157	5.8%	31,225	0.6%	355,382	6.3%	(84,259)	182,387	0	$4.52	$3.80
Marina Del Rey/Venice/MarVista	1,555,041	16	35,890	2.3%	48,491	3.1%	84,381	5.4%	10,569	667,383	0	$3.30	$3.07
Culver City/Westchester	5,139,913	58	702,111	13.7%	51,438	1.0%	753,549	14.7%	(37,125)	266,567	0	$3.39	$3.24
LA WEST	48,295,140	361	3,493,803	7.2%	717,221	1.5%	4,211,024	8.7%	(313,247)	2,982,330	66,899	$4.26	$4.08
Simi Valley	197,495	6	52,436	26.6%	0	0.0%	52,436	26.6%	(49,479)	0	0	N/A	$1.36
Thousand Oaks/Newbury Park	1,604,018	24	136,971	8.5%	106,750	6.7%	243,721	15.2%	(97,846)	74,666	0	$2.85	$2.41
Westlake Village	3,243,435	54	387,265	11.9%	5,831	0.2%	393,096	12.1%	2,618	141,860	223,192	$3.07	$2.87
Agoura Hills	973,660	18	111,257	11.4%	0	0.0%	111,257	11.4%	(4,775)	44,816	0	$2.29	$2.40
Calabasas	1,849,292	32	158,780	8.6%	91,327	4.9%	250,107	13.5%	(9,675)	79,462	0	$2.65	$2.47
SIMI VALLEY/CONEJO VALLEY	7,867,900	134	846,709	10.8%	203,908	2.6%	1,050,617	13.4%	(159,157)	340,804	223,192	$2.92	$2.54
Northridge/Reseda	830,019	10	10,652	1.3%	5,000	0.6%	15,652	1.9%	2,999	4,969	0	N/A	$1.80
Tarzana	517,429	10	45,577	8.8%	0	0.0%	45,577	8.8%	(5,388)	12,565	0	$2.07	$2.06
Canoga Park/Chatsworth	2,483,162	33	210,191	8.5%	164,148	6.6%	374,339	15.1%	(75,787)	77,926	0	$2.36	$1.98
Warner Center	6,533,812	44	829,724	12.7%	130,656	2.0%	960,380	14.7%	111,486	335,225	255,192	$2.75	$2.64
Woodland Hills	1,306,947	22	242,144	18.5%	9,078	0.7%	251,222	19.2%	(66,890)	62,209	0	$2.40	$2.32
WEST VALLEY	11,671,369	119	1,338,288	11.5%	308,882	2.6%	1,647,170	14.1%	(33,580)	492,894	255,192	$2.65	$2.40
Encino	3,947,722	38	284,744	7.2%	14,627	0.4%	299,371	7.6%	(156,627)	140,649	0	$2.93	$2.80
Sherman Oaks	2,509,414	32	200,392	8.0%	66,362	2.6%	266,754	10.6%	(70,846)	181,951	0	$2.86	$2.88
Van Nuys	1,673,023	30	129,636	7.7%	6,451	0.4%	136,087	8.1%	(8,066)	56,355	0	$2.35	$2.32
Pan.City/Granada/Mission Hills	516,889	11	113,780	22.0%	0	0.0%	113,780	22.0%	(9,665)	5,716	0	$2.25	$2.10
Valencia/Newhall	1,821,964	27	432,662	23.7%	31,614	1.7%	464,276	25.5%	(37,160)	24,226	144,000	$2.93	$2.89
CENTRAL VALLEY	10,469,012	138	1,161,214	11.1%	119,054	1.1%	1,280,268	12.2%	(282,364)	408,897	144,000	$2.84	$2.72
LA NORTH	30,008,281	391	3,346,211	11.2%	631,844	2.1%	3,978,055	13.3%	(475,101)	1,242,595	622,384	$2.76	$2.54
LA COUNTY NON-CBD	160,638,899	1,456	15,712,370	9.8%	2,272,666	1.4%	17,985,036	11.2%	-1,401,525	9,084,030	715,284	$3.19	$2.74
LA COUNTY	189,657,808	1,515	19,187,270	10.1%	2,769,341	1.5%	21,956,611	11.6%	(1,326,440)	10,397,643	715,284	$3.22	$2.81
South Santa Ana	1,888,406	9	468,070	24.8%	68,960	3.7%	537,030	28.4%	(110,542)	221,038	0	$2.75	$2.62
Costa Mesa	5,225,126	45	849,313	16.3%	7,097	0.1%	856,410	16.4%	(109,892)	330,971	0	$3.07	$2.74
Newport Beach	6,895,139	93	454,101	6.6%	195,969	2.8%	650,070	9.4%	(100,617)	343,959	40,000	$3.57	$2.99
Irvine (No Spectrum)	21,873,653	231	3,820,485	17.5%	382,310	1.7%	4,202,795	19.2%	(191,355)	1,859,232	340,488	$3.05	$2.79
GREATER AIRPORT AREA	35,882,324	378	5,591,969	15.6%	654,336	1.8%	6,246,305	17.4%	(512,406)	2,755,200	380,488	$3.06	$2.79
Irvine Spectrum	7,301,085	120	1,360,767	18.6%	149,608	2.0%	1,510,375	20.7%	270,697	694,491	312,182	$3.55	$2.62
Lake Forest / R.S. Margarita	2,438,527	50	438,242	18.0%	8,125	0.3%	446,367	18.3%	(198,205)	202,692	0	$2.69	$2.29
Laguna Hills/ Aliso Viejo	4,260,592	75	639,331	15.0%	114,196	2.7%	753,527	17.7%	(16,612)	247,629	254,652	$3.16	$2.75
Laguna Niguel / Laguna Beach	315,556	5	38,325	12.1%	3,120	1.0%	41,445	13.1%	2,340	20,630	0	$3.00	$2.90
Mission Viejo	1,370,897	28	180,421	13.2%	28,352	2.1%	208,773	15.2%	(28,235)	108,006	0	$2.90	$2.49
S.J.Cap./S.Clemente/D.P./C.B.	829,395	23	24,600	3.0%	0	0.0%	24,600	3.0%	4,372	28,099	0	N/A	$2.39
SOUTH COUNTY	16,516,052	301	2,681,686	16.2%	303,401	1.8%	2,985,087	18.1%	34,357	1,301,547	566,834	$3.28	$2.59
Seal Beach	304,381	4	13,985	4.6%	0	0.0%	13,985	4.6%	(2,985)	8,300	0	$2.77	$2.77
Westminster	241,400	5	31,557	13.1%	0	0.0%	31,557	13.1%	2,852	45,846	0	N/A	$2.03
Huntington Beach	1,135,080	20	177,518	15.6%	17,633	1.6%	195,151	17.2%	(87,146)	27,942	0	$2.76	$2.37
Fountain Valley	671,554	10	144,624	21.5%	0	0.0%	144,624	21.5%	28,954	139,835	0	N/A	$1.74
Garden Grove	496,486	8	18,955	3.8%	1,189	0.2%	20,144	4.1%	14,439	22,475	0	N/A	$1.79
Los Alamitos/Stanton	266,502	5	4,709	1.8%	0	0.0%	4,709	1.8%	(76)	2,732	0	N/A	$1.50
Cypress	1,009,069	16	75,267	7.5%	7,600	0.8%	82,867	8.2%	(33,850)	12,783	0	$2.25	$2.31
WEST COUNTY	4,124,472	68	466,615	11.3%	26,422	0.6%	493,037	12.0%	(77,812)	259,913	0	$2.74	$2.13
Parkcenter Area	2,868,905	60	187,121	6.5%	22,154	0.8%	209,275	7.3%	(71,339)	37,735	0	$2.57	$2.15
Stadium Area	3,453,220	58	412,096	11.9%	99,001	2.9%	511,097	14.8%	(106,498)	149,199	0	$2.63	$2.44
The City Area	2,208,235	14	787,613	35.7%	5,852	0.3%	793,465	35.9%	(44,706)	147,103	0	$2.56	$2.52
Main Place Area	2,282,014	17	273,589	12.0%	24,031	1.1%	297,620	13.0%	(92,572)	75,964	0	$2.78	$2.58
Tustin (South of I-5)	588,820	13	3,763	0.6%	0	0.0%	3,763	0.6%	3,160	51,860	0	N/A	$1.89
Santa Ana	2,396,649	41	152,163	6.3%	8,011	0.3%	160,174	6.7%	(7,723)	112,989	0	N/A	$2.12
North/East Anaheim	2,323,090	36	253,773	10.9%	3,304	0.1%	257,077	11.1%	16,001	193,711	75,000	$2.35	$2.30
East Orange	224,805	6	8,138	3.6%	0	0.0%	8,138	3.6%	(1,947)	1,575	0	N/A	$2.20
Civic Center Area	1,835,494	23	241,489	13.2%	0	0.0%	241,489	13.2%	(42,654)	49,014	0	$2.08	$1.87
CENTRAL COUNTY	18,181,232	268	2,319,745	12.8%	162,353	0.9%	2,482,098	13.7%	(348,278)	819,150	75,000	$2.58	$2.36
Fullerton	1,018,825	18	27,233	2.7%	0	0.0%	27,233	2.7%	(1,344)	13,257	0	N/A	$2.07
Brea/La Habra	3,881,791	44	526,391	13.6%	194,088	5.0%	720,479	18.6%	(3,129)	213,326	82,250	$2.92	$2.45
Placentia/Yorba Linda	221,978	5	26,864	12.1%	0	0.0%	26,864	12.1%	(5,055)	19,114	0	N/A	$2.04
Buena Park/La Palma	921,927	11	90,302	9.8%	34,269	3.7%	124,571	13.5%	(28,713)	57,020	0	$2.55	$2.06
NORTH COUNTY	6,044,521	78	670,790	11.1%	228,357	3.8%	899,147	14.9%	(38,241)	302,717	82,250	$2.88
ORANGE COUNTY	80,748,601	1,093	11,730,805	14.5%	1,374,869	1.7%	13,105,674	16.2%	(942,380)	5,438,527	1,104,572	$3.00	$2.61
Ontario	3,321,499	83	652,599	19.6%	31,772	1.0%	684,371	20.6%	9,056	285,231
Rancho Cucamonga	2,583,215	62	435,471	16.9%	44,277	1.7%	479,748	18.6%	(26,739)	107,790	101,660	$2.32	$2.17
Fontana	104,235	3	32,510	31.2%	0	0.0%	32,510	31.2%	(32,510)	0	0	N/A	$1.60
Chino	230,933	7	80,171	34.7%	0	0.0%	80,171	34.7%	(43,499)	0	0	$2.55	$2.49
INLAND EMPIRE WEST	6,239,882	155	1,200,751	19.2%	76,049	1.2%	1,276,800	20.5%	(93,692)	393,021	360,186	$2.35	$2.22
Riverside	3,582,843	76	748,446	20.9%	65,768	1.8%	814,214	22.7%	(34,361)	248,510	479,547	$2.49	$2.30
San Bernardino	3,242,876	52	581,640	17.9%	118,022	3.6%	699,662	21.6%	2,941	71,366	30,322	$1.97	$1.68
Colton/Cooley Ranch	297,762	8	38,246	12.8%	15,009	5.0%	53,255	17.9%	6,920	11,074	0	N/A	$1.31
Redlands/Loma Linda	997,732	45	282,938	28.4%	6,977	0.7%	289,915	29.1%	(60,472)	21,787	104,209	$2.10	$1.49
INLAND EMPIRE EAST	8,121,213	181	1,651,270	20.3%	205,776	2.5%	1,857,046	22.9%	(84,972)	352,737	614,078	$2.33	$1.94
Corona	1,616,082	36	460,472	28.5%	26,965	1.7%	487,437	30.2%	(67,962)	23,965	334,894	$2.11	$2.05
CORONA	1,616,082	36	460,472	28.5%	26,965	1.7%	487,437	30.2%	(67,962)	23,965	334,894	$2.11	$2.05
INLAND EMPIRE	15,977,177	372	3,312,493	20.7%	308,790	1.9%	3,621,283	22.7%	(246,626)	769,723	1,309,158	$2.33	$2.05
Southern CA subtotal	286,383,586	2,980	34,230,568	11.9%	4,453,000	1.5%	38,683,568	13.4%	(2,515,446)	16,605,893	3,129,014	$3.06	$2.67
San Diego Downtown	10,962,353	91	1,442,234	13.2%	123,471	1.1%	1,565,705	14.3%	(142,842)	452,959	0	$2.94	$2.63
San Diego Central Total	10,962,353	91	1,442,234	13.2%	123,471	1.1%	1,565,705	14.3%	(142,842)	452,959	0	$2.94	$2.63
Kearny Mesa	8,214,432	200	947,330	11.5%	104,225	1.3%	1,051,555	12.8%	57,344	326,723	402,898	$2.72	$2.25
Mission Valley	6,843,103	126	1,026,158	15.0%	150,877	2.2%	1,177,035	17.2%	(143,467)	404,675	0	$2.94	$2.40
Sports Arena/Airport	575,270	24	14,551	2.5%	0	0.0%	14,551	2.5%	2,486	12,323	0	N/A	$1.77
Uptown	1,087,806	33	87,957	8.1%	5,141	0.5%	93,098	8.6%	(31,082)	66,407	0	N/A	$1.26
Other	1,800,259	69	98,926	5.5%	3,018	0.2%	101,944	5.7%	5,498	154,451	0	N/A	$2.30
San Diego Central Suburban Total	18,520,870	452	2,174,922	11.7%	263,261	1.4%	2,438,183	13.2%	(109,221)	964,579	402,898	$2.86	$2.30
Del Mar Heights	4,442,094	67	503,319	11.3%	289,400	6.5%	792,719	17.8%	(110,318)	279,605	0	$3.96	$3.66
Governor Park	800,286	17	279,778	35.0%	59,719	7.5%	339,497	42.4%	(5,217)	41,913	0	$2.70	$2.36
La Jolla	1,060,730	31	55,090	5.2%	8,941	0.8%	64,031	6.0%	(21,617)	23,157	0	$3.56	$3.07
Miramar	1,431,780	28	176,378	12.3%	20,152	1.4%	196,530	13.7%	(25,980)	38,644	0	$1.85	$1.67
Sorrento Mesa	6,373,646	91	646,699	10.1%	423,100	6.6%	1,069,799	16.8%	(128,553)	287,264	0	$2.59	$2.31
Torrey Pines	1,051,640	20	270,454	25.7%	34,723	3.3%	305,177	29.0%	1,936	1763	0	$0.00	$2.30
UTC	4,411,855	41	717,607	16.3%	98,603	2.2%	816,210	18.5%	1,142	357,029	300,664	$3.71	$4.05
Other	841,620	16	56,147	6.7%	0	0.0%	56,147	6.7%	(14,314)	12,438	0	N/A	$3.56
San Diego Mid City Total	20,413,651	311	2,705,472	13.3%	934,638	4.6%	3,640,110	17.8%	(302,921)	1,041,813	300,664	$3.59	$3.05
Carlsbad	5,082,752	171	1,120,448	22.0%	159,837	3.1%	1,280,285	25.2%	33,596	528,243	50,580	$2.67	$2.49
Del Mar	311,395	13	41,280	13.3%	14,550	4.7%	55,830	17.9%	(5,543)	19,878	0	N/A	$3.08
Encinitas	925,653	39	63,255	6.8%	4,673	0.5%	67,928	7.3%	1,116	27,891	0	$3.18	$2.82
Escondido	1,103,765	55	178,860	16.2%	9,435	0.9%	188,295	17.1%	7,436	48,562	78,777	$3.34	$2.11
Oceanside	726,323	31	111,509	15.4%	0	0.0%	111,509	15.4%	(1,928)	37,762	0	$2.66	$2.29
San Marcos	846,873	25	162,914	19.2%	30,005	3.5%	192,919	22.8%	(6,899)	33,338	119,762	$2.84	$2.47
Solana Beach	542,593	18	31,471	5.8%	882	0.2%	32,353	6.0%	5,025	29,838	0	$3.48	$3.32
Vista	592,183	28	81,517	13.8%	2,268	0.4%	83,785	14.1%	(16,533)	9,995	0	$2.18	$1.67
San Diego North County Total	10,131,537	380	1,791,254	17.7%	221,650	2.2%	2,012,904	19.9%	16,270	735,507	249,119	$2.74	$2.46
Carmel Mountain Ranch	259,374	5	55,915	21.6%	24,165	9.3%	80,080	30.9%	(13,681)	4,669	0	$2.39	$2.36
Poway	585,564	24	44,480	7.6%	0	0.0%	44,480	7.6%	(452)	24,099	0	N/A	$2.05
Rancho Bernardo	3,096,393	69	724,254	23.4%	33,309	1.1%	757,563	24.5%	(50,898)	125,556	110,000	$3.18	$2.85
Sabre Springs	471,180	4	68,950	14.6%	4,833	1.0%	73,783	15.7%	127,982	172,588	140,915	$3.26	$3.07
Scripps Ranch	1,887,712	37	231,917	12.3%	19,111	1.0%	251,028	13.3%	92,378	308,328	13,628	$2.91	$2.33
San Diego I-15 Corridor Total	6,300,223	139	1,125,516	17.9%	81,418	1.3%	1,206,934	19.2%	155,329	635,240	264,543	$3.11	$2.64
Chula Vista	1,538,891	55	319,755	20.8%	45,604	3.0%	365,359	23.7%	(5,271)	54,774	26,668	$2.79	$2.53
Other	627,970	27	81,474	13.0%	3,146	0.5%	84,620	13.5%	(6,171)	34,978	11,695	N/A	$2.22
San Diego South Bay Total	2,166,861	82	401,229	18.5%	48,750	2.2%	449,979	20.8%	(11,442)	89,752	38,363	$2.79	$2.40
El Cajon	602,658	37	33,410	5.5%	3,829	0.6%	37,239	6.2%	(12,502)	13,925	0	N/A	$1.53
La Mesa	763,631	39	81,650	10.7%	11,826	1.5%	93,476	12.2%	(14,800)	41,360	0	N/A	$1.45
Other	385,618	21	100,961	26.2%	0	0.0%	100,961	26.2%	9,128	9,285	0	$2.50	$1.98
San Diego East County Total	1,751,907	97	216,021	12.3%	15,655	0.9%	231,676	13.2%	(18,174)	64,570	0	$2.50	$1.63
SAN DIEGO	70,247,402	1,552	9,856,648	14.0%	1,688,843	2.4%	11,545,491	16.4%	(413,001)	3,984,420	1,255,587	$3.11	$2.62
GRAND TOTAL - ALL MARKETS:	356,630,988	4,532	44,087,216	12.4%	6,141,843	1.7%	50,229,059	14.1%	(2,928,447)	20,590,313	4,384,601	$3.07	$2.67
* Rental rates reflect $psf/month

Source: Cushman & Wakefield

Southern California Office Stats 3Q08

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