South County Seeing Some Deals, Still Sluggish.

The article reports on the real estate leasing and sales activity in South County, California during the first quarter of 2010. It is stated that many South County companies are taking advantage of lower occupancy costs by relocating to higher-quality buildings or by purchasing property. Also, tenants are anticipating value in pricing and are planning to go for longer lease terms in future. Office lease rates fell by an average of 2.13 dollars per square foot in South County.