Search
 

Why Firms Hesitate to Embrace Downtown SD

SAN DIEGO—The perception of a lack of parking Downtown is one reason why residential growth is outpacing office growth in this thriving submarket, CBRE's Evan Knudson tells GlobeSt.com in this EXCLUSIVE study.

By Carrie Rossenfeld | Updated on January 26, 2016

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.