Downtown's tenant base is anchored by banking, law, professional services, hospitality hqs.
Downtown's tenant base is anchored by banking, law, professional services, hospitality hqs.
Banking, law, professional services, hospitality HQs.
Newcomers to Downtown should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.
| city | San Diego |
|---|---|
| submarket | Downtown |
| tier | prime |
| averageRentLocal | $50/sqft/yr |
| cityClassARentUsd | $56/sqft/yr |
| cityVacancyPct | 18.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.