{"id":1004104447,"date":"2014-09-25T09:17:00","date_gmt":"2014-09-25T17:17:00","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=294473"},"modified":"2022-12-08T01:33:12","modified_gmt":"2022-12-08T09:33:12","slug":"murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/","title":{"rendered":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

Murphy Development has acquired a 31-acre parcel in Scripps Ranch Business Park from Intel Corp. The company will rebrand the property Scripps Ranch Technology Park and plans to develop one- to three-story corporate headquarters buildings and R&D facilities on five lots ranging in size between 4.6 and 8.2 acres.<\/p>\n

The lots are located on Scripps Ranch Boulevard, Meanley Drive and Hoyt Park Drive, and offer easy access to I-15 via three access points: Mira Mesa Boulevard, Pomerado Road and Carroll Canyon Road. The projects would conform to the zoning and entitlements in place for Scripps Ranch Business Park Phase III, which is the home of tenants such as Lockheed Martin, Paychex and CoreLogic.
\nScripps Ranch Technology Park is also near walking trails, retail centers, Lake Miramar, Scripps Ranch Library and Scripps Ranch High School.
\n\"\"<\/a>
\nIn another recent industrial transaction, Recho Holdings L.L.C. paid close to $3.5 million for 9745-9747 Businesspark Ave. (pictured), an industrial\/R&D building in Scripps Ranch. Recho will occupy the first floor, and the second floor will be operated as executive suites.<\/p>\n

The seller, Dealy Family Trust, was represented by Colliers International\u2019s Ty Moffatt, David Harper and Kyle Moffatt, while Recho was represented by Evan McDonald, also of Colliers.<\/p>\n

 <\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Murphy Development recently announced that it had completed the acquisition of a large land parcel in the Scripps Ranch Business Park from seller Intel Corporation. The land involved in the transaction was previously acquired by Intel fourteen years ago in a deal worth approximately $28 million. Located in central San Diego, the land is set to become the site for a massive commercial real estate development that will cater to tech companies.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1608],"tags":[],"class_list":["post-1004104447","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-diego"],"acf":[],"yoast_head":"\nMurphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building\" \/>\n<meta property=\"og:description\" content=\"Murphy Development recently announced that it had completed the acquisition of a large land parcel in the Scripps Ranch Business Park from seller Intel Corporation. The land involved in the transaction was previously acquired by Intel fourteen years ago in a deal worth approximately $28 million. Located in central San Diego, the land is set to become the site for a massive commercial real estate development that will cater to tech companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-25T17:17:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T09:33:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building\",\"datePublished\":\"2014-09-25T17:17:00+00:00\",\"dateModified\":\"2022-12-08T09:33:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/\"},\"wordCount\":224,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/9745-9747-Businesspark-Ave.png\",\"articleSection\":[\"News\",\"San Diego\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/\",\"name\":\"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/9745-9747-Businesspark-Ave.png\",\"datePublished\":\"2014-09-25T17:17:00+00:00\",\"dateModified\":\"2022-12-08T09:33:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/9745-9747-Businesspark-Ave.png\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/9745-9747-Businesspark-Ave.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/anca-gagiuc\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/","og_locale":"en_US","og_type":"article","og_title":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building","og_description":"Murphy Development recently announced that it had completed the acquisition of a large land parcel in the Scripps Ranch Business Park from seller Intel Corporation. The land involved in the transaction was previously acquired by Intel fourteen years ago in a deal worth approximately $28 million. Located in central San Diego, the land is set to become the site for a massive commercial real estate development that will cater to tech companies.","og_url":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-09-25T17:17:00+00:00","article_modified_time":"2022-12-08T09:33:12+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png","type":"","width":"","height":""}],"author":"Anca Gagiuc","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/"},"author":{"name":"Anca Gagiuc","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"headline":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building","datePublished":"2014-09-25T17:17:00+00:00","dateModified":"2022-12-08T09:33:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/"},"wordCount":224,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png","articleSection":["News","San Diego"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/","url":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/","name":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png","datePublished":"2014-09-25T17:17:00+00:00","dateModified":"2022-12-08T09:33:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/09\/9745-9747-Businesspark-Ave.png"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/murphy-development-plans-technology-park-recho-holdings-buys-scripps-ranch-flex-building\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Murphy Development Plans Technology Park; Recho Holdings Buys Scripps Ranch Flex Building"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7","name":"Anca Gagiuc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","caption":"Anca Gagiuc"},"description":"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/anca-gagiuc\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004104447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/237"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004104447"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004104447\/revisions"}],"predecessor-version":[{"id":1004531399,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004104447\/revisions\/1004531399"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004104447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004104447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004104447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}