Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Columns  >  Current Article

San Luis Obispo holds its own in commercial real estate market

By   /   Monday, September 14th, 2009  /   Comments Off on San Luis Obispo holds its own in commercial real estate market

    Print       Email

While San Luis Obispo was busy weighing the pros and cons of a possible Target or an Ernie Dalidio development, Lee & Associates released its commercial real estate update, which showed that vacancy is actually down 33 percent from a year ago.

The commercial vacancy rate for San Luis Obispo County is relatively small at just 5.2 percent.

Representatives of Lee & Associates said the county is holding its own in the commercial department, despite the fact that there are about 500,000 square feet of vacant commercial space from Goleta to San Luis Obispo.

The full version of this column is only available to print subscribers. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE for $49.99 today.

    Print       Email