Illumina Inc.’s leasing of the 470,000-square-foot former campus of Biogen Idec at UTC, in a 20-year deal valued at $335 million, was among the largest local industrial transactions announced in the first quarter.

Illumina Inc.’s leasing of the 470,000-square-foot former campus of Biogen Idec at UTC, in a 20-year deal valued at $335 million, was among the largest local industrial transactions announced in the first quarter.

San Diego County’s industrial property market has started out 2011 with fundamentals trending upward with an improving economy...

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