Among the largest leasing transactions of the first quarter was the FBI’s agreement to lease more than 248,000 square feet of space in a new $100 million field office in Sorrento Mesa. Construction on the office will begin later this year by a subsidiary of Las Vegas-based Molasky Group of Cos. The federal government will lease it at a cost of $223.4 million over 20 years, according to the General Services Administration.

Among the largest leasing transactions of the first quarter was the FBI’s agreement to lease more than 248,000 square feet of space in a new $100 million field office in Sorrento Mesa. Construction on the office will begin later this year by a subsidiary of Las Vegas-based Molasky Group of Cos. The federal government will lease it at a cost of $223.4 million over 20 years, according to the General Services Administration.

An improved employment picture in 2011’s first quarter helped stabilize San Diego County’s office market, as vacancy rates continued a gradual drop amid five consecutive quarters of positive space absorption...

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