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Murphy Development Signs Five Leases in Otay Mesa Totaling 386,401 Square Feet

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

By |2017-10-09T16:17:52+00:00October 9th, 2017|News|0 Comments

Murphy Development Company Reacquires 540,000-Square-Foot Panasonic Corporation Two-Building Campus at San Diego Business Park

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

By |2017-01-31T19:53:12+00:00January 31st, 2017|News|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

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