San Diego-based Murphy Development Company (“MDC”) master-plans and develops multiphase corporate industrial and technology parks. MDC is also an active operator and investor of industrial real estate assets. Since its establishment in 1984, the company has master planned and developed more than 10,000,000 square feet of projects throughout San Diego County, with current projects in the Otay Mesa and Scripps Ranch sub-markets.
Otay Mesa is San Diego’s fastest growing submarket, situated only twenty miles south of the CBD on the U.S./Mexico border. Scripps Ranch is a suburban office, technology, and industrial market situated in the geographic center of San Diego, just east of the Sorrento Mesa, home to many of San Diego’s largest tech, pharma, research, and corporate headquarters companies.
Murphy Development began San Diego development operations in the Otay Mesa submarket. The first two MDC award-winning Otay Mesa projects completed were the 80-acre, 1,350,000 square foot San Diego Business Park and the 155-acre, 2,000,000 square foot Brown Field Business Park.
Murphy Development has completed multiple subsequent projects in Otay Mesa, including Brown Field Technology Park (“BFTP”), The Campus at San Diego Business Park, and Siempre Viva Business Park.
Murphy Development has recently acquired its newest acquisition, 7848 Waterville Road in Otay Mesa. 7828 Waterville Road, a 101,435 SF freestanding light-industrial and manufacturing building is located in the highly desirable master-planned Brown Field Business Park (BFBP) in Otay Mesa. Murphy Development originally master-planned Brown Field Business Park in 1989.
MDC acquired the 31-acre Scripps Ranch Technology Park in Q3 of 2014 from Intel Corporation. Located in the center of San Diego’s growing technology, defense, and biotech market, the park is a few short blocks off I-15 via three major interchanges, Carroll Canyon Road, Miramar/Pomerado Road, and Mira Mesa Boulevard.