The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 6, 2020
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
LaSalle Investment Management Acquires Two Buildings at San Diego Area Biz Campus


LaSalle Investment Management purchased a two-building industrial portfolio totaling 201k sf in San Diego’s Otay Mesa submarket. Situated on 14.62 acres within the 2 msf Siempre Viva Business Park, the portfolio is located at 8500 Kerns St and 2600 Melksee St and features convenient access to San Diego’s major distribution corridors, including Interstates 5, 8, 15 and 805, which connect to Southern California’s vital trade routes.

Photo: Scott Murphy
Photo: Scott Murphy
The portfolio is in San Diego’s Otay Mesa Industrial submarket, which is home to the highest concentration of Fortune 500 companies in San Diego and benefits from its proximity to the Otay Mesa Port of Entry at the United States/Mexico border. Originally constructed in 2016 and 2019, the portfolio properties feature 28- to 32-foot clear heights, wide truck courts, loading via 50 dock-high and eight grade-level doors and a low office build-out.

Nick Psyllos and Kara Mathis with HFF represented the seller, San Diego-based Murphy Development Company. The price was not given out.

According to Kaitlin Arduino, Murphy Development Company EVP, the firm has landed a number of Fortune 500 tenants at the business park over the years, including Becton Dickinson and Mainfreight.

Return to the Archive page




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media