Yearly Archives: 2016

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Is Now The Right Time To Build SD Industrial?

Irwin: “Ultimately, companies want space that suits their needs, and new, state-of-the-art product is going to be best for their productivity and bottom line.” SAN DIEGO—With the current high demand for industrial product and low vacancy rates, now is the right time to build, Murphy Development’s Andy Irwin tells GlobeSt.com in this look

By |2016-12-27T18:06:54+00:00December 27th, 2016|Market Information|0 Comments

Murphy Development Nears Completion of Otay Mesa Industrial Park

San Diego-headquartered Murphy Development Co. is nearing completion on its Siempre Viva Business Park in Otay Mesa, with the recent groundbreaking on an $11.9 million industrial building at 8500 Kerns St. A company statement said work on the 79,050-square-foot facility, known as Building 17, is being led by a team that includes general contractor Lusardi

By |2016-12-27T17:55:59+00:00December 27th, 2016|News|0 Comments

Spec building in Otay Mesa completed

Industrial space has been in demand of late, with some submarkets seeing vacancy rates as low as 2 percent. So, new space is welcomed. A new industrial building recently opened in Otay Mesa’s Siempre Viva Business Park. This is actually a big deal, and not just because it’s providing more industrial site offerings. It’s the

By |2016-10-06T20:22:28+00:00October 6th, 2016|News|0 Comments

Developers Prepare to Proceed With Scripps Ranch Projects

San Diego — Developers in the coming year could be putting long-dormant commercial projects into motion in San Diego’s Scripps Ranch neighborhood, as property owners respond to rising demand for office, industrial and retail amenities along the busy Interstate 15 corridor. San Diego’s Murphy Development and Sudberry Properties are both scouting tenants, aiming to move

By |2016-10-04T18:41:43+00:00October 4th, 2016|News|0 Comments

Otay Mesa Represents Opportunity For Industrial

OTAY MESA, CA—Home of the only new class-A industrial building available on the market, Otay Mesa has the lowest industrial vacancy on record and is ripe for development, Murphy’s Andy Irwin tells GlobeSt.com EXCLUSIVELY. OTAY MESA, CA—Home of the only new class-A industrial building available on the market, Otay Mesa has the lowest industrial vacancy

By |2016-08-02T16:04:47+00:00August 2nd, 2016|News|0 Comments

MURPHY FINISHES $17.7M PROJECT

Otay Mesa building is part of Siempre Viva Business Park BY ROGER SHOWLEY Murphy Development has completed a $17.7 million, 121,970square-foot speculative industrial building at the Siempre Viva Business Park in Otay Mesa. Building 18 at 2600 Melksee St. features a 32-foot minimum clear height designed for distribution users. Lusardi Construction was the contractor. It

By |2016-07-15T16:17:41+00:00July 15th, 2016|News|0 Comments

Office Experts Discuss Market Cycle And Why San Diego Is A Smart Investment

Moderator Martin Togni (left), a partner at Allen Matkins, opened the discussion asking presenters their thoughts on the status of the current real estate cycle. “Where we are in the cycle is kind of a timeless question,” said Newmark Grubb Knight Frank senior managing director Brunson Howard (far right, with Jason Hill), noting it’s a

By |2016-06-30T22:50:55+00:00June 30th, 2016|Market Information, News|0 Comments

DEVELOPER PLANS SCRIPPS RANCH TECH PARK WITH CREATIVE OFFICE AMENITIES

Two growing San Diego economic drivers, biotech and defense, are boosting real estate development, notes Murphy Development Co EVP Kaitlin M. Arduino, an expert panelist at our San Diego’s Annual Office Forum event on June 23, whose company plans to build the Scripps Ranch Tech Park. Kaitlin is pictured here with her hubby, Mike, and

By |2016-06-10T16:41:23+00:00June 10th, 2016|News|0 Comments

Tips On San Diego Land Issues – Globe St.

Article by:Carrie Rossenfeld View Article at Globe St. SAN DIEGO—From entitlement to permitting to environmental challenges, land issues in the San Diego market are many, and development is not for the faint of heart, Murphy Development’s EVP and partner Kaitlin Arduino tells GlobeSt.com. Arduino will be speaking on the “Power Panel—Developing San Diego” during RealShare

By |2016-05-11T16:17:13+00:00May 11th, 2016|Market Information, News|0 Comments

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