SAN DIEGO—The perception of a lack of parking in Downtown San Diego is one reason why residential growth is outpacing office growth in this thriving submarket, CBRE's senior associate, tenant representation, Evan Knudson tells GlobeSt.com. Through census data, Knudson also discovered that

office growth in suburban markets is outpacing office growth Downtown; residential construction this cycle is dominated by apartments, which means more full-time occupancy; Downtown office construction continues to lag behind, and it's doubtful that developers will build spec; and yet, an influx of new residents will continue to demand additional workplaces Downtown. We spoke exclusively with Knudson, who actually lives, works and plays Downtown, about his findings and what they mean for Downtown San Diego office and multifamily growth.

GlobeSt.com: Why is residential growth outpacing office growth in Downtown San Diego?

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.