Kaitlin Arduino

SAN DIEGO—Two things in particular have risen in importance withtoday's industrial tenants that they weren'trequesting as little as five years ago, MurphyDevelopment EVP and partner Kaitlin Arduino tells GlobeSt.com. The firmhas signed five leases this year, totaling 386,401 squarefeet—including three new leases—at the Campus atSan Diego Business Park in Otay Mesa. Tenantsinclude the GSA; kSARIA, a leaderin fiber-optic-connectivity manufacturingtechnology; Brokerage and LogisticsSolutions Inc., a binational integrated logistics-servicescompany; Panasonic; andMainfreight, a logistics company headquartered inNew Zealand.

After having built the original project in the mid-'80s, Murphyreacquired approximately half of the business park earlier thisyear from the Panasonic Corp. of North America andrenamed it the Campus at San Diego Business Park. The project isundergoing a $15-million renovation that includes new landscaping,outdoor amenities, new energy-efficient glass on all offices, newlobbies, additional dock-high and grade doors and solar-systemupgrades.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.