Murphy Development begins construction of two industrial buildings at brown field technology park in otay mesa area of San Diego
JLL overseeing leasing of 105,150 square-foot and 123,913 square-foot speculative buildings
SAN DIEGO, CALIF., March 5, 2021 – Murphy Development Company (MDC) announced that it has started construction of two speculative industrial buildings, Building A, a 105,150-square-foot building, and Building C, a 123,913-square-foot building, at Brown Field Technology Park (BFTP), a 52-acre corporate industrial and office park that flanks SR-905 at the Britannia Boulevard on/off ramp in the Otay Mesa area of San Diego, California. Completion of the two buildings is scheduled for the third quarter this year.
These state-of-the-art buildings will feature 32-foot clear heights, 4,000 amps of 277/480 volt power, manufacturing sewer and water capacity, ESFR sprinklers, concrete truck courts, wide column spacing, and high dock door ratios designed for distribution users. The buildings can accommodate a variety of requirements ranging from 50,000 to 229,063 square feet.
JLL’s Andy Irwin, Ryan Spradling and Greg Lewis are overseeing leasing of the two buildings.
“We continue to see demand in Otay Mesa from Fortune 500 companies who are looking for best-in-class buildings with access to the strongest labor market in Southern California,” said R. Michael Murphy, president of MDC. “Brown Field Technology Park offers potential tenants state-of-the-art design, large setbacks, impeccable corporate image and landscaping coupled with San Diego’s lowest occupancy costs.”
In addition to these two buildings, MDC is nearing completion of a 180,000-square-foot build-to-suit two building campus for Salvation Army on the Northern phase of the business park. They are also working on designs for the Southern phase of the project with plans to deliver buildings on that phase in 2022.
BFTP is ideally locally located for business, adjacent to Brown Field Airport and positioned within a U.S. Department of Commerce Foreign Trade Zone which offers important tax incentives for local companies. Its flexible design allows for industrial, R&D, office, manufacturing and corporate engineering buildings.
The SR-905 freeway features a diamond interchange at the entrance to BFTP on Britannia Boulevard and has convenient access to the I-805 and I-5 Freeways, and the South Bay Expressway (SR 125 Toll Road).
"Demand for industrial continues to surpass historical averages due to a major shift in e-commerce spending as well as growth in the manufacturing sector in Northern Mexico," said Irwin. "Brown Field Technology Park offers superior features, access to transportation corridors and abundant labor.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.