Home | Business News | Browse by Publication | S | San Diego Business Journal

South County submarkets poised for industrial growth.

Publication: San Diego Business Journal
Publication Date: 23-FEB-04 		Format: Online
Delivery: Immediate Online Access
Full Article Title: South County submarkets poised for industrial growth.(Advertising Supplement)

Article Excerpt
Someone once called the South County area "the land of high flyers and low riders" and that may be true, but that doesn't tell the whole story.

The South County is experiencing exciting growth opportunities, especially when focusing on industrial projects both proposed and under construction. The total industrial base for South County is approximately 17.5 million square feet. This is distributed within four submarkets including National City, Chula Vista, San Ysidro and Otay Mesa. Otay Mesa is the largest market in South County and is larger than the other three submarkets combined, with a 53 percent share of the total market.

National City

As of the fourth quarter 2003, National City had a vacancy rate of five percent, the lowest in South County. This is because many tenants in this market feed off the growth of the U.S. Navy and the National Steel and Shipbuilding Company (NASSCO). The local National City economy directly benefits from increases in U.S. military spending that commenced when the Republicans took back the White House in the year 2000, at which time the vacancy rate fell to an all-time low of two...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from San Diego Business Journal
San Diego Biotech 15.(Proxy)(Illustration), February 23, 2004
Progress report.(Real Estate)(Public Notice), February 23, 2004
Roel Construction Co.(Construction Journal)(Brief Article), February 23, 2004
Sprotte + Watson Architecture and Planning.(Construction Journal)(Brie..., February 23, 2004
Slowly, but surely: Rob Lankford, CEO of San Diego-based development f..., February 23, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.