On average, listings lease in the $20's per square foot per year. The Core-Columbia submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 44% decline in rent.
Compared to the rest of the San Diego market, the Core-Columbia submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 23 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available leases in the Core-Columbia are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 21 floors. Most buildings in this market were built in 1980 and are Class B.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Core-Columbia folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.