SVN Vanguard | San Diego

For Sale | 2432 Fenton St, Ste 200, Chula Vista, CA 91914 Discover an unmatched investment opportunity at 2432 Fenton St #200, Chula Vista, CA. This modern industrial/flex space offers a spacious 7,529 SF building, ideal for versatile usage. Constructed in 2022, the property boasts contemporary design and cutting-edge features to meet the demands of today's industrial businesses. With a prime location in the zoned I-7 area of the South Bay, this property presents a strategic investment with abundant potential. Don't miss out on the chance to secure a valuable asset in a thriving industrial landscape. Contact advisor for details. Jorge Jimenez [email protected] Senior Vice President D: 619.742.1322 DRE # 01476024 SVN? International Corp. #Commercialrealestate #industrialflexspace #Sandiego #Warehouse #Chulavista

Intern to Advisor to First Several Listings in just one year! It’s been a journey of growth, learning, and hustling. This milestone for Pedro Ferreira is a reminder that hard work, perseverance, and the right team can make all the difference. Our SVN team is proud! Here’s to setting bigger goals, chasing dreams, and embracing the process. ?? #SVN #advisorX #commercialrealestate #sandiego

Last week our advisors attended CoStar hosted a San Diego Market Update lead by Sr. Director Josh Ohl and here is the takeaway from Josh's presentation: Economic Climate & Investment Sentiment Market Sentiment: Uncertainty around the presidential election and inflation dampens confidence despite improving consumer sentiment. Investment Capital: A slight rebound in CRE capital, but activity lags 2021. Venture capital focuses on stability over speculation. Interest Rates: Recent rate cuts haven’t sparked robust investor confidence. Gradual improvement likely, especially downtown. Sector Highlights Biotech Vacancy & Demand: 17% vacancy persists amid muted demand and inventory build-up requiring years to absorb. Long-Term Outlook: San Diego remains a key biotech hub with long-term recovery potential. Office Space Demand Trends: Low demand persists as 45% of pre-pandemic leases remain active. Suburban vs. Downtown: Strong demand in suburban hubs (UTC, Carlsbad) contrasts with downtown's 31%+ vacancy rate. Demographics: San Diego’s growing 65+ population will drive medical office demand in coming decades. Retail Inventory Shifts: Bankruptcies ease supply constraints, creating mixed-use leasing opportunities. Leasing Activity: Retail spaces lease quickly (~6 months), with rents rising and vacancy likely falling to 4%. Market Dynamics: Older properties dominate supply, with rents pushing out smaller tenants. Industrial Leasing Trends: Smaller spaces lease in ~2.5 months; demand for larger properties remains weak. Supply: 3.4M SF of new space outpaces demand, keeping vacancies elevated for seven quarters. Investor Focus: Small-bay spaces attract interest, but activity is soft overall. Multifamily/Apartment Market Vacancy Stabilization: Class B/C vacancies stabilize, while Class A buildings struggle (~8%). Shift in Unit Types: Developers pivot to smaller units (studios, one-bedrooms) due to affordability and demographic trends. Rental Market: Concessions persist; rents declined YoY from inflation and higher vacancies in premium units. Final Observations Office Stability: San Diego adapts better than most U.S. markets but faces supply challenges. Retail Strengths: High demand and limited construction drive rents up. Industrial Weakness: Larger spaces struggle, with improvement likely in mid-2024. Investment Outlook: Activity rebounds; further rate cuts could bolster investor confidence, especially downtown.

Equipping our Advisors and Managing Directors with the training, tools, and resources that they need to deliver exceptional results is at the heart of our training programs. Unique to SVN, SVN | Advisor X and SVN | Managing Director X are designed to empower our offices with the insights and strategies to accelerate growth and excel in their markets. As Tiffany from SVN | Second Story Real Estate Management shares, these programs deliver essential knowledge to help Advisors succeed and support Managing Directors in attracting and keeping top talent. These training programs offer opportunities for our offices to connect with other leaders, exchange best practices, and learn from experts who are equally committed to growth and entrepreneurship. Together, we’re building relationships that expand beyond SVN, fostering collaboration and shared success. Join SVN and experience the strength of a network built on collaboration, learning, and shared expertise: https://hubs.ly/Q02WK8L30 #SVN #CRE #CommercialRealEstate #Innovation #CRENetworking #SVNDifference #Networking #Training

Real estate, like any business, is challenging. If it were easy, everyone would be doing it. I’ll admit, there were times early on when I questioned if this was the right path for me or if I should return to a steady role in the restaurant business. But one lesson from a favorite former boss, Jeremy Bynum has always stuck with me: “If you’re comfortable, you’re not learning.” Starting in multi-family real estate taught me a lot about the market and the unique challenges each asset class faces. Many people look at real estate from 40,000 foot view, but once you dig deeper, you see the distinct demands of each asset type. Real estate isn’t just real estate; there’s a world of difference between retail, office, industrial, multi-family, flex, and residential. It’s like saying that all jobs in a bank are the same or that working on the line in a restaurant is just like managing the entire flow—each role comes with unique demands and skill sets. Cold calling, relationship-building, and understanding client needs are at the heart of what I do, no matter the asset type. Ultimately, real estate is a people business, and that’s where I thrive. Each role has its learning curve, and I focus on mastering the nuances, meeting expectations, and then bringing my unique strengths to the table. Recently, I moved from the multi-family team to the retail team, which feels like the perfect fit. With over 25 years in the restaurant industry, three years in commercial insurance, and one year in banking, I’m excited to bring this experience to my clients in retail real estate. I’m a firm believer that everything happens for a reason, and I’m looking forward to this new chapter with great enthusiasm. First one down, now lets go get the next one. Reedy River Retail at SVN Blackstream |

Welcome to the team, Mike! ?? We're thrilled to have you onboard and can't wait to see you succeed. Here’s to a fantastic journey ahead—welcome aboard! Michael McKinnon #svndifference #welcome #commercialrealestate #sandiego

?? Just Closed! ??? Thrilled to announce the successful closing of 507 Broadway Ave! ?±2,400 SF, ±6,600 SF Lot ? Secured Contractor Yard ? Along Busy Broadway Ave Congratulations to the new property owners! Big thanks to Daniel Bonin and Pedro Ferreira for the seamless teamwork and to the clients for trusting our advisors with this incredible opportunity. #cre #SVNdifference #justsold #securedcontractoryard

?? Economic Update: 5 Key Trends Worth Thinking About What about the latest shifts in the economy? These past few weeks have revealed some noteworthy trends that could impact everything from real estate to consumer sentiment. Let's breakdown what's happening. 1. Economic Activity remains largely stable, but Treasury yields are signaling expectations for higher long-term interest rates. 2. Mortgage Demand continues to decline as rising interest rates weigh on new applications, reflecting the market’s recalibrated expectations for Fed rate cuts. 3. Opportunities in the Office Market are emerging as work-from-home trends and loan maturities create space for new funding avenues in high-quality assets. 4. Retail Sales surprised with a 0.4% jump in September, with growth across several sectors like clothing and personal care, while electronics and gas stations saw declines. 5. CMBS Delinquencies are climbing, particularly in retail and office sectors, reflecting continued challenges in commercial real estate. For a deeper dive into these trends, check out the attached PDF highlighting the most important details ?? ?? What are your thoughts? Comment Below #SVN #CRE# #ConsumerSentiment #Investing #EconomicUpdate #SVNdifference

Were you at the I-4 Corridor Conference? We'd like to thank our sponsors as well as all who attended our annual I-4 Corridor Conference this past week. This event brought together brokers, developers, investors, and other industry professionals seeking valuable insights into Central Florida's commercial real estate market.

1. September Jobs Report: The U.S. added 254,000 jobs in September, exceeding expectations, with job growth in key sectors and strong wage increases, keeping unemployment stable at 4.1%, which could support consumer confidence despite economic concerns. ?? 2. CPI Inflation: Inflation rose by 2.4% year-over-year in September, driven by housing and food costs, while core inflation remained high, which may prompt the Fed to remain cautious about loosening monetary policy. 3. FOMC Meeting Minutes: The Fed cut interest rates by 50 basis points in September to address softening labor conditions, aiming to balance employment and inflation without signaling a worsening economic outlook. 4. Geopolitical Risks: Rising global tensions, particularly in the Middle East, U.S.-China relations, and the Russia-NATO conflict, threaten to increase energy costs and disrupt markets, raising concerns about economic stability. 5. Home Insurance Premiums: Home insurance premiums have surged over 30% since 2020, especially in high-risk disaster areas, due to rising reinsurance costs and climate risks, straining household budgets and potentially harming the housing market. Thanks to SVN? International Corp. Research and Chandan Economics for keeping us in the loop! #CommercialRealEstateAdvisors #SVNDifference #EconomicUpdate