Sorrento Mesa
San Diego - CA USA - Industrial Submarket
Industrial real estate intelligence for the Sorrento Mesa submarket. 13.4M SF of inventory with 27.3% vacancy. Data sourced from various MLS platforms.
13.4MSF
Inventory
4.2MSF
Available
27.3%
Vacancy
31%
Availability Rate
$33.45
Asking Rent
-0.8%
Rent Growth
-199,935SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
316K SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$414
Cap Rate
6.4%%
12mo Sales Volume
$115,000,000
Sales Vol Growth
494.3%
Asset Value
$5,546,576,695
Net Absorption
-199,935 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Kearny Villa Tech Center | $27.0M | 108,183 | ScaleMatrix |
| Kearny Villa Tech Center | $8.2M | 38,961 | ScaleMatrix |
| Lightedge San Diego Data Center 1 | $63.1M | 162,803 | Hines |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 9606 Aero Dr | 25,840 | $15.52 - 18.97 (Est.) | Steel Peak Properties |
Data Centre Development Potential
High vacancy (27.3%) in Sorrento Mesa may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 200K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in San Diego - CA USA
Evaluating Sorrento Mesa for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.