Murphy Development earlier this year signed Panasonic Corp. of America to a five-year lease at a 225,000-square-foot space in Otay Mesa. Murphy acquired much of that property from the electronics firm and embarked on a $15 million renovation that included new landscaping, outdoor amenities, lobbies and energy-efficiency upgrades. Photo courtesy of Murphy Development

Murphy Development earlier this year signed Panasonic Corp. of America to a five-year lease at a 225,000-square-foot space in Otay Mesa. Murphy acquired much of that property from the electronics firm and embarked on a $15 million renovation that included new landscaping, outdoor amenities, lobbies and energy-efficiency upgrades. Photo courtesy of Murphy Development

Top markets for investing in industrial real estate, according to a Ten-X Commercial report:

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