Thank you for sharing!

Your article was successfully shared with the contacts you provided.

North San Diego County lead absorption activity in the second quarter, along with the neighboring I-15 Corridor. According to a new report from JLL, the combined markets accounted for 454,284 square feet of positive absorption. That is especially significant considering that the East County markets had negative net absorption, leading to an overall 179,576 square feet of total absorption for the San Diego market. North County and the neighboring I-15 Corridor are seeing a tremendous amount of new industrial construction, which is helping to fuel leasing and absorption in the two markets.

“Development has been pushed out to the boundaries of San Diego County. Central County is pretty much out of land for industrial development,” Andy Irwin, VP at JLL, tells GlobeSt.com. “North County has projects in all of its submarkets under constriction. In the I-15 Corridor, there are a number of healthcare properties and smaller multi-tenant projects. That is really the extent of where there is land available to develop.”

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.