5.91% 328 $.81 $122 - escondido...industrial market report q1 2015 submarket vacancy supply by size...

NORTH COUNTY SAN DIEGOINDUSTRIAL MARKET REPORT

Q1 2015

SUPPLY BY SIZESUBMARKET VACANCY

1Industrial Property Report

VACANCY RATE

5.91% 328K sfNET ABSORPTION (YTD)

$.81 nnnAVERAGE RENTAL

RATES / SF

$122/sfAVERAGE SALE

PRICES / SF

51.6M sfMARKET SIZE

OVERVIEW

The North County San Diego industrial market is largely decentralized and comprised of fi ve cities including Carlsbad, Escondido, Oceanside, San

Marcos and Vista. Situated 35 miles north of downtown San Diego and 52 miles south of John Wayne Airport in Orange County, the coastal

location is a major factor in the area’s appeal to corporate users and its 849,420 residents.

MARKET TRENDS BUILDINGS TOTAL INVENTORY VACANT SF VACANCY RATE YTD ABSORPTION

Carlsbad 484 14,567,600 1,169,569 8.03% 153,317

Escondido 642 7,401,885 303,910 4.11% 53,227

Oceanside 393 7,996,611 709,628 8.87% 35,884

San Marcos 485 8,171,011 300,123 3.67% 31,967

Vista 531 13,551,760 571,748 4.22% 53,742

TOTAL 2,535 51,688,867 3,054,978 5.91% 328,137

0

10

20

30

40

50

60

70

80

90

100

110

5,000 to 9,999 SF 10,000 to 19,999 SF 20,000 to 49,999 SF 50,000 to 99,999 SF 100,000+ SFN

um

ber

of

Spaces\

Build

ings

Ava

ilable

SPACES AVAILABLE

11.1

%

6.2

%

11.9

%

4.0

%

6.9

%

10.4

%

4.8

%

9.3

%

4.0

%

4.3

%

8.0

%

4.1

%

8.9

%

3.6

%

3.9

%

0%

2%

4%

6%

8%

10%

12%

14%

16%

Carlsbad Escondido Oceanside San Marcos Vista

Vacancy (

%)

SUBMARKET INDUSTRIAL DIRECT VACANCY For Lease For Sale

SPACES AVAILABLE

YEAR-TO-DATE

Q1 2014

SUBMARKET INDUSTRIAL DIRECT VACANCY

(Yr.-over-Yr.)

Q4 2014 Q1 2015

SUBMARKET INDUSTRIAL DIRECT VACANCY

(Current Qtr.)(Prior Qtr.)


NORTH COUNTY - Q1 2015

INVENTORY BREAKDOWN VACANCY BY PRODUCT TYPE

Total Future Inventory 30,000

Total Existing Inventory 13,551,760

VISTA INVENTORY DISTRIBUTION

DIST

31.5%

MFG

32.9%

IMT

14.0%

R&D

22.9%

NORTH COUNTY INVENTORY DISTRIBUTION


Total Future Inventory 1,434,551

0%

5%

10%

15%

20%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Distribution Manufacturing Multi-Tenant R&D

NORTH COUNTYTotal Vacancy by Product Type

VISTATotal Vacancy by Product Type



VISTA INVENTORY DISTRIBUTION NORTH COUNTY INVENTORY DISTRIBUTION

DIST 15,636,446

MFG 17,002,299

IMT 7,231,204

R&D 11,818,918


Total Future Inventory 1,434,551Total Future Inventory 30,000




Under Construction 345,000

Proposed 1,089,551


SIGNIFICANT LEASE TRANSACTIONS

SF Term Eff ective Rate

5858 Edison Place | Carlsbad 16,568 63 $0.84 NNN

2612 Temple Heights Drive | Oceanside 18,160 60 $0.78 Gross

2370 Oak Ridge Way #A | Vista 19,113 50 $0.55 NNN

2560 Progress Street | Vista 45,920 120 $0.67 NNN

2325 Cousteau Court | Vista 50,980 64 $0.54 NNN

SIGNIFICANT SALE TRANSACTIONS

SF COE Price/SF

700 Rancheros Drive | San Marcos 55,921 1/30/15 $121.60

2120 Harmony Grove Road | Escondido 56,352 1/27/15 $143.74

2293 Cosmos Court | Carlsbad 47,762 1/20/15 $119.87

1309 Simpson Way | Escondido 55,844 2/24/15 $130.72

5999 Avenida Encinas | Carlsbad 67,840 2/12/15 $175.41


INDUSTRIAL STATS

NORTH COUNTY MARKET TRENDS NORTH COUNTY INDUSTRIAL RENT TRENDS

$0.50

$0.60

$0.70

$0.80

$0.90

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth

Distribution (NNN) Manufacturing (NNN)

Multi-Tenant (Mod. Gross) R&D (NNN)

NORTH COUNTYWeighted Monthly Average Asking Rents

VISTAWeighted Monthly Average Asking Rents

ESCONDIDO HISTORICAL MARKET TRENDS

0%

2%

4%

6%

8%

10%

12%

14%

-750

-500

-250

0

250

500

750

1,000

1,250

1,500

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)

Net Absorption New Supply Vacancy

NORTH COUNTY HISTORICAL MARKET TRENDS

Existing Properties Absorption New Supply UC / Proposed

SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

6,705,286Distribution 200 620,489 9.25% 0 0.00% 620,489 9.25% -969 -969 0 0 0 895,6810.00%

8,931,160Industrial 681 351,059 3.93% 0 0.00% 351,059 3.93% 288 288 0 0 0 00.00%

17,002,299Manufacturing 931 646,045 3.80% 43,956 0.26% 690,001 4.06% 116,917 116,917 0 0 0 95,3700.00%

7,231,204Multi-Tenant 384 382,363 5.29% 7,879 0.11% 390,242 5.40% 52,256 52,256 0 0 0 00.00%

2,196 39,869,949 1,999,956 5.02% 51,835 0.13% 168,492 0 0 0 991,051168,492 0.00%2,051,791 5.15%Industrial

11,761,611R&D 337 942,930 8.02% 2,950 0.03% 945,880 8.04% 159,645 159,645 31,058 31,058 0 443,5000.00%

57,307Wet Lab 2 57,307 100.00% 0 0.00% 57,307 100.00% 0 0 0 0 0 00.00%

339 11,818,918 1,000,237 8.46% 2,950 0.02% 159,645 31,058 31,058 0 443,500159,645 0.00%1,003,187 8.49%R&D

2,535 51,688,867 3,000,193 5.80% 54,785 0.11% 328,137 31,058 31,058 0 1,434,551328,137 0.00%Total 3,054,978 5.91%

NORTH COUNTY - Q1 2015

CARLSBAD - Q1 2015

Industrial Property Report 4


DIST

2.6% MFG

28.1%

IMT

15.7%

R&D

53.6%

CARLSBAD INVENTORY DISTRIBUTION



ESCONDIDO INVENTORY DISTRIBUTION



OCEANSIDE INVENTORY DISTRIBUTION


SAN MARCOS INVENTORY DISTRIBUTION




ESCONDIDOTotal Vacancy by Product Type

0%

5%

10%

15%

20%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015


CARLSBADTotal Vacancy by Product Type

OCEANSIDETotal Vacancy by Product Type

SAN MARCOSTotal Vacancy by Product Type










DIST 376,140

MFG 4,095,975

IMT 2,285,360

R&D 7,810,125















Proposed 310,392



3-POINT SUMMARY

» Two new spec industrial developments of 220,000 SF are

underway by SR Commercial and Burke Development in East

Carlsbad. This is the fi rst new spec industrial development in

Carlsbad since 4Q 2007.

» Multi-tenant industrial vacancy in Carlsbad drops to 5.8% and

is expected to be below 5% by 4Q2015.

» Several large users are running proformas and analyzing BTS

proposals on land sites.

CARLSBAD - Q1 2015


INDUSTRIAL STATS

CARLSBAD MARKET TRENDS CARLSBAD INDUSTRIAL RENT TRENDS

ESCONDIDOWeighted Monthly Average Asking Rents

$0.60

$0.70

$0.80

$0.90

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth



CARLSBADWeighted Monthly Average Asking Rents

OCEANSIDEWeighted Monthly Average Asking Rents

SAN MARCOSWeighted Monthly Average Asking Rents

0%

2%

4%

6%

8%

10%

12%

14%

16%

-100

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)


CARLSBAD HISTORICAL MARKET TRENDS VISTA HISTORICAL MARKET TRENDS

OCEANSIDE HISTORICAL MARKET TRENDS SAN MARCOS HISTORICAL MARKET TRENDS


SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

376,140Distribution 5 17,086 4.54% 0 0.00% 17,086 4.54% 0 0 0 0 0 00.00%

4,095,975Manufacturing 155 186,686 4.56% 1,600 0.04% 188,286 4.60% 2,820 2,820 0 0 0 80,3920.00%

2,285,360Multi-Tenant 96 129,380 5.66% 4,418 0.19% 133,798 5.85% -7,862 -7,862 0 0 0 00.00%

256 6,757,475 333,152 4.93% 6,018 0.09% -5,042 0 0 0 80,392-5,042 0.00%339,170 5.02%Industrial

7,752,818R&D 226 773,092 9.97% 0 0.00% 773,092 9.97% 158,359 158,359 31,058 31,058 0 390,0000.00%

57,307Wet Lab 2 57,307 100.00% 0 0.00% 57,307 100.00% 0 0 0 0 0 00.00%

228 7,810,125 830,399 10.63% 0 0.00% 158,359 31,058 31,058 0 390,000158,359 0.00%830,399 10.63%R&D

484 14,567,600 1,163,551 7.99% 6,018 0.04% 153,317 31,058 31,058 0 470,392153,317 0.00%Total 1,169,569 8.03%




Under Construction 0

Proposed 9,500











ESCONDIDO

INVENTORY BREAKDOWN

0%

5%

10%

15%

20%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015






VACANCY BY PRODUCT TYPE


DIST

25.0%

MFG

52.8%

IMT

17.6%

R&D

4.7%













DIST 1,847,528

MFG 3,908,523

IMT 1,301,398

R&D 344,436












ESCONDIDO - Q1 2015

3-POINT SUMMARY

» SR Commercial has the 76,495 SF Enterprise Heights

Business Center multi-tenant industrial project in escrow.

» Building sale prices continue to increase with 20% year over

year growth the last 3 years.

» Users are having a diffi cult time fi nding free standing buildings

of any size available for sale or for lease.


$0.60

$0.65

$0.70

$0.75

$0.80

$0.85

$0.90

$0.95

$1.00

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth







0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

-400

-300

-200

-100

0

100

200

300

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)


ESCONDIDO HISTORICAL MARKET TRENDS NORTH COUNTY HISTORICAL MARKET TRENDS

INDUSTRIAL STATS

ESCONDIDO MARKET TRENDS ESCONDIDO INDUSTRIAL RENT TRENDS

ESCONDIDO - Q1 2015


SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

859,169Distribution 41 35,896 4.18% 0 0.00% 35,896 4.18% -1,633 -1,633 0 0 0 00.00%

988,359Industrial 122 48,895 4.95% 0 0.00% 48,895 4.95% 4,116 4,116 0 0 0 00.00%

3,908,523Manufacturing 366 192,232 4.92% 0 0.00% 192,232 4.92% 40,043 40,043 0 0 0 00.00%

1,301,398Multi-Tenant 86 26,887 2.07% 0 0.00% 26,887 2.07% 10,701 10,701 0 0 0 00.00%

615 7,057,449 303,910 4.31% 0 0.00% 53,227 0 0 0 053,227 0.00%303,910 4.31%Industrial

344,436R&D 27 0 0.00% 0 0.00% 0 0.00% 0 0 0 0 0 9,5000.00%

27 344,436 0 0.00% 0 0.00% 0 0 0 0 9,5000 0.00%0 0.00%R&D

642 7,401,885 303,910 4.11% 0 0.00% 53,227 0 0 0 9,50053,227 0.00%Total 303,910 4.11%


OCEANSIDE



0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015









DIST

70.6%

MFG

3.2%IMT

14.3%R&D

11.9%














DIST 5,644,973

MFG 256,997

IMT 1,140,556

R&D 954,085








OCEANSIDE - Q1 2015






Proposed 615,659









3-POINT SUMMARY

» IIT in escrow on 204,000 SF building with 6 acres of excess

land at 4010 Ocean Ranch Blvd. for a redevelopment play.

» MagnaFlow is expanding their production facility with a BTS

by Hamann in Ocean Ranch.

» FedEx Ground has broken ground on their 34 acre

development in Pacifi c Coast Business Park with a completion

scheduled for 1Q 2016.


INDUSTRIAL STATS



$0.50

$0.55

$0.60

$0.65

$0.70

$0.75

$0.80

$0.85

$0.90

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth





Insufficient data for R&D rents


0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

-400

-300

-200

-100

0

100

200

300

400

500

600

700

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)


OCEANSIDE HISTORICAL MARKET TRENDS SAN MARCOS HISTORICAL MARKET TRENDSOCEANSIDE MARKET TRENDS OCEANSIDE INDUSTRIAL RENT TRENDS

OCEANSIDE - Q1 2015


SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

1,477,490Distribution 25 477,777 32.34% 0 0.00% 477,777 32.34% 5,186 5,186 0 0 0 865,6810.00%

4,167,483Industrial 272 164,492 3.95% 0 0.00% 164,492 3.95% -6,928 -6,928 0 0 0 00.00%

256,997Manufacturing 12 6,006 2.34% 0 0.00% 6,006 2.34% -6,006 -6,006 0 0 0 14,9780.00%

1,140,556Multi-Tenant 64 47,029 4.12% 0 0.00% 47,029 4.12% 33,375 33,375 0 0 0 00.00%

373 7,042,526 695,304 9.87% 0 0.00% 25,627 0 0 0 880,65925,627 0.00%695,304 9.87%Industrial

954,085R&D 20 14,324 1.50% 0 0.00% 14,324 1.50% 10,257 10,257 0 0 0 00.00%

20 954,085 14,324 1.50% 0 0.00% 10,257 0 0 0 010,257 0.00%14,324 1.50%R&D

393 7,996,611 709,628 8.87% 0 0.00% 35,884 0 0 0 880,65935,884 0.00%Total 709,628 8.87%


SAN MARCOS




0%

5%

10%

15%

20%

25%

30%

35%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015











DIST

64.2%

MFG

17.2%

IMT

6.8%

R&D

11.8%













DIST 5,244,309

MFG 1,403,602

IMT 557,068

R&D 966,032


















Proposed 44,000


SAN MARCOS - Q1 2015

3-POINT SUMMARY

» San Marcos continues to boast the lowest industrial vacancy rate in North County at a very healthy 3.6%.

» Investor demand is strong with owners receiving multiple unsolicited off ers on user occupied facilities.

» The craft beer industry continues to fl ourish with multiple users in the market looking for additional space.


INDUSTRIAL STATS




$0.50

$0.75

$1.00

$1.25

$1.50

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth





OCEANSIDE HISTORICAL MARKET TRENDS

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

-300

-200

-100

0

100

200

300

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)


SAN MARCOS HISTORICAL MARKET TRENDSSAN MARCOS MARKET TRENDS SAN MARCOS INDUSTRIAL RENT TRENDS

SAN MARCOS - Q1 2015


SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

1,972,666Distribution 105 51,644 2.62% 0 0.00% 51,644 2.62% -4,522 -4,522 0 0 0 00.00%

3,271,643Industrial 251 96,840 2.96% 0 0.00% 96,840 2.96% 3,100 3,100 0 0 0 00.00%

1,403,602Manufacturing 71 24,324 1.73% 0 0.00% 24,324 1.73% 10,064 10,064 0 0 0 00.00%

557,068Multi-Tenant 28 62,095 11.15% 3,461 0.62% 65,556 11.77% 23,018 23,018 0 0 0 00.00%

455 7,204,979 234,903 3.26% 3,461 0.05% 31,660 0 0 0 031,660 0.00%238,364 3.31%Industrial

966,032R&D 30 61,759 6.39% 0 0.00% 61,759 6.39% 307 307 0 0 0 44,0000.00%

30 966,032 61,759 6.39% 0 0.00% 307 0 0 0 44,000307 0.00%61,759 6.39%R&D

485 8,171,011 296,662 3.63% 3,461 0.04% 31,967 0 0 0 44,00031,967 0.00%Total 300,123 3.67%


VISTA

NORTH COUNTYTotal Vacancy by Product Type

0%

5%

10%

15%

20%

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015


VISTATotal Vacancy by Product Type


DIST

18.6%

MFG

54.1%

IMT

14.4%

R&D

12.9%







DIST 2,523,496

MFG 7,337,202

IMT 1,946,822

R&D 1,744,240






Proposed 30,000






VISTA - Q1 2015

3-POINT SUMMARY

» Pennysaver is vacating a building and consolidating into a Los

Angeles area facility.

» Rivulus (formerly John Deere) is downsizing and relocating

out of Vista to lower rent space in Otay Mesa.

» Small building sale prices to users continue to rise with recent

closings in the $145 to $155 SF range.


INDUSTRIAL STATS

NORTH COUNTYWeighted Monthly Average Asking Rents

$0.50

$0.60

$0.70

$0.80

$0.90

$1.00

$1.10

$1.20

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

$/S

F/M

onth



VISTAWeighted Monthly Average Asking RentsCARLSBAD HISTORICAL MARKET TRENDS

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

-200

-100

0

100

200

300

400

500

2007 2008 2009 2010 2011 2012 2013 2014 1Q2015

Vacancy R

ate

SF

(0

00

s)


VISTA HISTORICAL MARKET TRENDS

OCEANSIDE HISTORICAL MARKET TRENDS SAN MARCOS HISTORICAL MARKET TRENDS

VISTA MARKET TRENDS VISTA INDUSTRIAL RENT TRENDS

VISTA - Q1 2015


SF

Inventory

Total

BldgsType

SF

Vacant

Direct

SF

Vacant

Sublease

SF

Vacant

Total

Rate

Vacancy

Total

Rate

Vacancy

Sublease

Rate

Vacancy

Direct

SF QTR

Absorption

Net

SF YTD

Absorption

Net

SF QTR

Supply

New

SF YTD

Supply

New

SF

Construction

Under

Availability

UC

SF

Proposed

2,019,821Distribution 24 38,086 1.89% 0 0.00% 38,086 1.89% 0 0 0 0 0 30,0000.00%

503,675Industrial 36 40,832 8.11% 0 0.00% 40,832 8.11% 0 0 0 0 0 00.00%

7,337,202Manufacturing 327 236,797 3.23% 42,356 0.58% 279,153 3.80% 69,996 69,996 0 0 0 00.00%

1,946,822Multi-Tenant 110 116,972 6.01% 0 0.00% 116,972 6.01% -6,976 -6,976 0 0 0 00.00%

497 11,807,520 432,687 3.66% 42,356 0.36% 63,020 0 0 0 30,00063,020 0.00%475,043 4.02%Industrial

1,744,240R&D 34 93,755 5.38% 2,950 0.17% 96,705 5.54% -9,278 -9,278 0 0 0 00.00%

34 1,744,240 93,755 5.38% 2,950 0.17% -9,278 0 0 0 0-9,278 0.00%96,705 5.54%R&D

531 13,551,760 526,442 3.88% 45,306 0.33% 53,742 0 0 0 30,00053,742 0.00%Total 571,748 4.22%


This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees,

representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and

reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally

all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.

Prepared by:

TUCKER HOHENSTEIN LIC# 00999360

MIKE ERWIN LIC# 01242826

CONOR BOYLE LIC# 01813305

760 438 8950

AIRPORT

BUSINESS

PARK

INDUSTRY STREETSEAGATE

CORPORATE

CENTER

RANCHO DEL ORO

PACIFIC COAST

BUSINESS PARK

OCEAN RANCH

CORPORATE CENTER

OCEANSIDE GATEWAY

OCEAN VISTA

VISTA PACIFIC

WEST CARLSBADCARLSBAD RANCH

CARLSBAD

RESEARCH

CENTER

CARLSBAD

AIRPORT CENTRE

PALOMAR AIRPORT

BUSINESS PARK

GATEWAY

CENTER

PALOMAR

TECH CENTER

CARLSBAD

OAKS NORTH

OAK RIDGE

BUSINESS CENTER II

CARLSBAD

OAKS WEST

NORTH COUNTY

INDUSTRIAL PARK

OAK RIDGE

BUSINESS CENTER I

VENTURE COMMERCE

CENTER

SYCAMORE VISTA

RANCHO

VISTA

BUSINESS

PARK

PALOMAR

CORPORATE

CENTERCARLSBAD

RACEWAY

SAN MARCOS

INDUSTRIAL PARK

TWIN OAKS

INDUSTRIAL

RANCHEROS

DRIVE

ESCONDIDO

AUTO PARK

EAST ESCONDIDO

INDUSTRIAL

LA COSTA MEADOWS

INDUSTRIAL PARK

UNIVERSITY AREA

MEYERS/BARHAM

BUSINESS PARK

ESCONDIDO

RESEARCH &

TECHNOLOGY

CENTERWINERDIGE

BUSINESS PARK

76

78

5

PRESCOTT

BRESSI RANCH

CORPORATE

CENTER

CARLSBAD

CORPORATE

CENTERLIBERTY

GATEWAY

CARLSBAD

OAKS EAST

PALOMAR

FORUM

North County San Diego

Total Industrial Buildings 2,535

Total Square Footage 51.6 M

Total Vacancy 5.91%


5.91% 328 $.81 $122 - escondido...industrial market report q1 2015 submarket vacancy supply by size...

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