San Diego, CA office market
San Diego office values have reset significantly as institutional owners divest central business district assets at steep discounts, while suburban campuses show firmer pricing. Market vacancy hovers around 13% to 16%, with sales trading between $77/SF and $268/SF reflecting sharp divergence by submarket and asset quality.
What's driving Office prices in San Diego
San Diego office sale prices have declined notably over the last 24 months due to downtown distress and elevated availability.
- Elevated downtown vacancy near 35% driving institutional asset sell-offs
- Tenant flight to quality favoring amenity-rich suburban office campuses
- Subdued construction pipeline limiting future competitive supply
Market intelligence
Tracking this market · 8 comps · latest deal Jun 2026.
This quarter: 0 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum ContractingPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is San Diego's municipal boundary, coloured to match the momentum read above.
Recent Office comps in San Diego, CA
| Address | Date | Type | Size (SF) | Class | Floor Plate | Price / Rate | $/SF | Tenancy | Year Built |
|---|---|---|---|---|---|---|---|---|---|
| 1420 Kettner Blvd, San Diego, CA news | Jun 2026 | Sale | 123079 | Class A | 17,583 SF | $30,500,000 | $248 | Multi-tenant | 1954 |
| 600 W Broadway, San Diego, CA news | Oct 2025 | Sale | 658000 | Class A | 19,353 SF | $120,000,000 | $182 | Multi-tenant, 88% occupied | 1991 |
| 501 W Broadway, San Diego, CA estimate | Aug 2025 | Sale | 413592 | Class A | 19,695 SF | $69,000,000 | $167 | Multi-tenant | 1982 |
| 350 Camino De La Reina, San Diego, CA news | Aug 2025 | Sale | 342742 | Class A | 68,548 SF | $92,000,000 | $268 | Multi-tenant | 1968 |
| 9797 Aero Dr, San Diego, CA estimate | Jun 2025 | Sale | 92463 | Class A | 23,116 SF | $20,800,000 | $225 | Owner-user - PriceSmart | 2001 |
| 1450 Frazee Rd, San Diego, CA news | May 2025 | Sale | 145000 | Class B | 20,714 SF | $20,250,000 | $140 | Multi-tenant | 1982 |
| 401 B St, San Diego, CA news | Apr 2025 | Sale | 521502 | Class A | 21,729 SF | $40,000,000 | $77 | Multi-tenant | 1984 |
| 101 W Broadway, San Diego, CA news | Nov 2024 | Sale | 426532 | Class A | 21,327 SF | $43,900,000 | $103 | Multi-tenant, 77% occupied | 1984 |
| Median of 8 recent sales · $175/SF | $175 | ||||||||
No comps in this filter.
What's your office property worth?
Get a free, instant estimate from recent comps, with the source cited on every one.
Other markets
Figures are automated estimates derived from public listings, records, and brokerage announcements for San Diego, CA, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.