UTC Office Space and Property Rental Market
University Towne Centre is in San Diego County, close to cities in La Jolla Village and Sorrento Valley. The office rental market in UTC is one of the largest in the North City area, and has 8,901,760 square feet total of existing inventory with 866,959 square feet available for lease. The office vacancy rate in this city is 10.10%, which means that in every 100 office spaces, there are 10 office spaces available for rent or lease. The average lease rate in UTC is $3.21 per square feet, which is one of the pricier areas for office space in San Diego.