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SAN DIEGO FINANCIAL NOTES

January 29, 1988

San Diego's downtown office vacancy rate dipped to 9.1% on Dec. 31, the first time that figure has been in single digits since 1982, according to an office space survey by Coldwell Banker. The downtown rate is down from 15% a year ago; it was up to 24% in 1985.

Coldwell Banker attributed the drop in vacancies to the fact that no new major downtown office buildings have been completed since 1985.

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