SAN DIEGO—Year-to-date industrial sector absorption has reached1.2 million feet in San Diego County.
Cassidy Turley has released its third quarter industrial reportshowing that San Diego County generated 386,000 square feetof positive net absorption across all product types in thethird quarter of 2014, bringing year-to-date activity to 1.2million square feet. More than half of which occurred in the busyNorth County submarkets.
“This is the 13th consecutive quarter of positive activityduring which tenants have absorbed 7.2 million square feet,” saidBryce Aberg, magaging director with Cassidy Turleyin San Diego. “The San Diego industrial market has been in growthmode since the beginning of 2013, following a three-year recoveryperiod after 4.2 million square feet was returnedto the market in 2009, the worst year of the recession.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
