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WEEKLEE NEWS
IN REVIEW


OUR TOP FIVE LOCAL AND NATIONAL NEWS STORIES

FROM DRAB TO FAB: CITY OF SAN DIEGO WANTS TO HELP BUSINESSES REDESIGN STOREFRONTS

San Diego Union Tribune


The city’s Storefront Improvement Program provides rebates and free design assistance to business owners who are looking to give their buildings a face-lift. For the upcoming fiscal year, the city has allocated $150,000 for rebates through this program.

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MULTIFAMILY INDUSTRY BRACES FOR DELUGE OF NEW SUPPLY IN 2023

Costar



Developers added more than 400,000 new apartment units nationally in 2022 — the third year in a row the country has seen that level of elevated supply. The additional units are being added at a particularly challenging time, as demand accounted for only half the number of newly delivered units over the past 12 months.

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TOP TEN CRE PREDICTIONS FOR 2023

Globe St.


2022 has been a tumultuous year for the CRE industry and more volatility is expected in 2023. Read full article for the Top Ten CRE Predictions for 2023.

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CAN UNIVERSITY CITY HANDLE TWICE AS MANY PEOPLE, JOBS AND HOMES? THAT'S WHAT SAN DIEGO HAS PLANNED FOR IT.

Globe St.


The population of San Diego’s University City neighborhood would more than double and the number of jobs would sharply increase under a proposal to update the community’s growth blueprint for the first time since 1987.

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THE TOP REAL ESTATE WORDS AND PHRASES OF 2022

Costar


In the wider world, Collins English Dictionary has already chosen "permacrisis" as its word of 2022, a word that brilliantly captures the extended period of instability and insecurity as the globe rocks from one unexpected difficulty to another. But here are the real estate industry's key words and phrases of 2022, following a quick poll of CoStar's News and Analytics teams.

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ABOUT LEE & ASSOCIATES

At Lee & Associates, our reach is international but our expertise is local market implementation. With offices across the nation and Vancouver, Canada, Lee & Associates is one of the largest and fastest growing commercial real estate organizations in North America. 


Founded in 1979, our experience and expertise offers extensive local market knowledge, seasoned agents, industry leading technology, and a commitment to achieving our clients long-term real estate goals and successes. Lee & Associates understands real estate and accountability, and provides an integrated approach to leasing, operational efficiencies, capital markets, property management, valuation, disposition, development, research, and consulting.


Commercial Real Estate Questions? 

Please Contact:


Steve Malley

smalley@lee-associates.com

858.453.9990

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www.lee-associates.com/sandiego