By Ray Huard / San Diego Business Journal / Wednesday, May 23, 2018 San Diego — The final piece to a 2.1 million square-foot Murphy Development Co. business park in Otay Mesa is falling into place with construction of a 79,050 square-foot building at 8500 Kerns St. Murphy Development broke ground on the $11.9 million
View original article here SAN DIEGO--(BUSINESS WIRE)--Murphy Development Company (MDC) recently sold the 165,763-square-foot Siempre Viva Business Park (SVBP) Building 16 at 8411 Siempre Viva Road to Ajinomoto Windsor. MDC originally completed Building 16 as a build-to-suit for Circle Foods, a subsidiary of Stephan Bronfman’s Claridge, Inc. Tyson Foods acquired Circle Foods in 2013, assuming
Murphy Development Co. is planning a 79,000-square-foot building at 8500 Kearns in the Siempre Viva Business Park as part of a robust development schedule for 2018. By Thor Kamban Biberman Murphy Development Co. was involved in two of the most notable industrial transactions of 2017, and the firm is prepping for a big 2018 as
SAN DIEGO – October 9, 2017 – Murphy Development Company (MDC), the largest real estate developer in Otay Mesa, has signed five leases this year, totaling 386,401 square feet, including three new leases at The Campus at San Diego Business Park (SDBP). SDBP was originally built by Murphy Development in the mid ‘80s. Approximately half
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SAN DIEGO – In a serendipitous move, Murphy Development Company (MDC) has purchased the 542,197-square-foot, two-building campus at the San Diego Business Park (SDBP) on Otay Mesa from Panasonic Corporation of North America. In 1986 MDC built the campus for Sanyo, which was acquired by Panasonic in 2010. In addition to the $28 million
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
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
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
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
