Leasing

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There is robust long-term demand from an aging baby boomer population within 10 years of occupancy.

Reduced office demand and a dearth of apartment supply could create an opportunity to convert office space into apartments.

In May, two-bedroom rents rose 4.8% compared to last year, while one-bedroom rents rose 3%.

While the life science sector will fuel leasing activity, but new deliveries in Downtown San Diego will put pressure on already low occupancy rates.

Brothers Trading Co. will expand its operations within the 258,705-square-foot leased space at the new 127-acre Golden Triangle Logistics Center.

The company has purchased a 7,142-square-foot corner property, located on the premier retail high street, Lincoln Rd.

PE&G is requesting approval from the California Public Utilities Commission to distribute proceeds from the sale to PE&G customers.