San Diego Business Journal

After 8 Years of Absorption, Industrial May Have Peaked

COMMERCIAL REAL ESTATE | The latest in real estate and development news By Lou Hirsh Originally published April 20, 2017 at 1:08 p.m., updated April 20, 2017 at 1:08 p.m.
   

Big industrial property deals of the first quarter included Murphy Development’s purchase of this Otay Mesa property from Panasonic Corp., for $27.7 million. Photo courtesy of Murphy Development

Big industrial property deals of the first quarter included Murphy Development’s purchase of this Otay Mesa property from Panasonic Corp., for $27.7 million. Photo courtesy of Murphy Development

— Coming off a particularly strong year for space absorption and construction activity, San Diego County’s industrial property market will be hard-pressed in 2017 to match the high-demand patterns of 2016...

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