{"id":1004324042,"date":"2019-05-16T00:02:26","date_gmt":"2019-05-16T08:02:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004324042"},"modified":"2019-07-25T23:25:31","modified_gmt":"2019-07-26T07:25:31","slug":"jv-breaks-ground-on-534-ksf-san-diego-industrial-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/","title":{"rendered":"JV Breaks Ground on 534 KSF San Diego Industrial Facility"},"content":{"rendered":"<div id=\"attachment_1004324153\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004324153\" data-attachment-id=\"1004324153\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/051419_vantage-point-ok\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\" data-orig-size=\"500,375\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"051419_Vantage-Point &#8211; ok\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg?w=500\" class=\"wp-image-1004324153 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\" alt=\"Rendering of Vantage Point\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg 500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004324153\" class=\"wp-caption-text\">Rendering of Vantage Point. <em>Image courtesy of Kidder Mathews<\/em><\/p><\/div>\n<p>A partnership of Ryan Cos. and DWS Group has broken ground on a 533,950-square-foot campus in San Diego, Calif. Vantage Point will be a two-building, Class A logistics facility in the Poway submarket.<\/p>\n<p>Commercial real estate services firm Kidder Mathews, which has been tapped to lease the forthcoming asset, describes the industrial property as the largest speculative development of its kind to be built in San Diego County in the last 20 years. The building located at 14500 Kirkham Way will consist of 358,313 square feet and the one at 14400 Kirkham Way will encompass 175,637 square feet.&nbsp;<\/p>\n<p>Vantage Point is set to feature 36-foot minimum clear heights, ESFR fire suppression system with K22 heads, up to 113 dock-high doors, 12 drive-in doors, 180-foot wide concrete truck court and 8-inch warehouse concrete slabs with 4,000 PSI and 4,000 amps of 277-480 volt power. Amenities at the property will include two large outdoor break areas, an indoor bike storage room and six electric vehicle charging stations.&nbsp;<\/p>\n<h2><strong>A busy market<\/strong><\/h2>\n<p>Last year, 2.8 million square feet of industrial space came online in the metro San Diego industrial market, according to a recent Marcus &amp; Millichap investment report.<\/p>\n<p><em>&#8220;Poway is one of the best performing industrial submarkets in all of San Diego County,&#8221;<\/em> Kidder Mathews Vice President James Duncan Sr. told <em>Commercial Property Executive.&nbsp;\u201cThe Poway industrial vacancy rate remains at an all-time low of 1.2 percent, leading to a severe shortage of available distribution buildings. As a result, Vantage Point is poised to capture a tremendous amount of pent up demand for quality warehouse space in central San Diego,\u201d<\/em>&nbsp;Duncan explained.&nbsp;<\/p>\n<p>Earlier this month, RAF Pacifica Group <a href=\"https:\/\/www.commercialsearch.com\/news\/keystone-arranges-36m-for-san-diego-county-flex-buildings\/\">secured $36 million<\/a> in acquisition financing for four industrial properties in the North County submarket of San Diego.&nbsp;All properties in the portfolio are 100 percent occupied.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ryan Cos. and DWS Group are developing Vantage Point, a two-building distribution campus in Poway, Calif. The facility is the largest spec project of its kind in San Diego County in two decades.<\/p>\n","protected":false},"author":745,"featured_media":1004324153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21748,21742,1608,15],"tags":[43859,33612,34002],"class_list":["post-1004324042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-industrial","category-latest","category-san-diego","category-west","tag-dws-group","tag-kidder-mathews","tag-ryan-companies-us-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JV Breaks Ground on 534 KSF San Diego Industrial Facility - 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\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JV Breaks Ground on 534 KSF San Diego Industrial Facility\" \/>\n<meta property=\"og:description\" content=\"Ryan Cos. and DWS Group are developing Vantage Point, a two-building distribution campus in Poway, Calif. The facility is the largest spec project of its kind in San Diego County in two decades.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/\" \/>\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=\"2019-05-16T08:02:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-26T07:25:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Dutton\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/\",\"name\":\"JV Breaks Ground on 534 KSF San Diego Industrial Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\",\"datePublished\":\"2019-05-16T08:02:26+00:00\",\"dateModified\":\"2019-07-26T07:25:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/051419_Vantage-Point-ok.jpg\",\"width\":500,\"height\":375},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-breaks-ground-on-534-ksf-san-diego-industrial-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JV Breaks Ground on 534 KSF San Diego Industrial Facility\"}]},{\"@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\/9259ffaba4775229ae3556b9555e566d\",\"name\":\"Holly Dutton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75\",\"caption\":\"Holly Dutton\"},\"description\":\"Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. 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