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San Diego Records Highest-Ever Annual Sales Volume

CoStar Insight: Region's Industrial Investment Took Off in 2019
In July 2019, Bain Capital and Phase 3 Real Estate sold Genesis Campus in San Diego for approximately $255 million, one of the highest industrial valuations in the past decade. (CoStar)
In July 2019, Bain Capital and Phase 3 Real Estate sold Genesis Campus in San Diego for approximately $255 million, one of the highest industrial valuations in the past decade. (CoStar)
CoStar Analytics
March 4, 2020 | 9:54 P.M.

Industrial investment in the San Diego metropolitan area exploded in 2019, establishing a new annual high for sales volume at $2 billion. Last year was the sixth straight year that annual sales volume increased and the first time it reached $2 billion. That came as demand remains strong while rent growth peaked at the beginning of 2019.

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