Encinitas is home to many San Diego based businesses and is an important commercial center along the city’s coast. Incorporated in 1986 from five existing communities, the city has become well known for its beaches, downtown and business friendly environment.
Rates for office space in Encinitas are reasonably priced compared to other North County communities, such as Solana Beach and Del Mar. Prices for office space range from the high two dollar per square foot range to around a $1.50 per square foot for certain properties. Many properties in the area feature great views and easy access to commercial and retail centers. Furthermore many management level employees likely live in the North County area and relocating existing office operations to Encinitas likely places your company closer to the home bases for your managers.
While San Diego’s del mar ca office space had been mired in a slump as a result of the economic downturn, many businesses are now taking space in North County to take advantage of lower rates and greater selection for space. As a result rents could start to inch upward in the coming months so it is imperative to look at leasing space now before low prices and available space begin to dry up.
One way to take full advantage of the market is to hire a tenant representative who can often use the business prospect of your tenancy to get landlords to lower their rates and add free rent to make choosing space more feasible. With the current level of vacancies asking rates can be lowered by up to 20 percent so choosing someone to represent your company will provide a long-term economic benefit and help your business get great space at a great price.