I t seems only a massive tidal wave coming ashore just north of La Jolla would be enough to take all the steam out of the Del Mar Heights commercial property market.
Statistics show phenomenal growth.
While that's one hugely positive indicator, Reeder also points to how quickly that extra capacity has been absorbed, with tenants clamoring for space long before buildings were finished. Linton says top rents and land values, plus vacancy rates under 3 percent, add up to one of the hottest markets in San Diego. He doesn't see that changing markedly despite a cooling national economy and California's energy problems. Everyone agrees location is the biggest single factor accounting for Del Mar's past success and almost certain rosy future. A short, easy drive to work has proved an irresistible carrot for company owners, executives and a well-heeled professional workforce that can afford housing in tony residential neighborhoods like Del Mar, Rancho Santa Fe and Solana Beach.