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December 1, 2022
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SOUTHERN CALIFORNIA NEWS
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Kearny Mesa Industrial Asset Trades Hands

11/02/22

Kearny Mesa Logistics Center, a newly-constructed, 299.4k sf distribution facility in San Diego, traded hands in a recent deal. The property was sold by Lincoln Property Company and a real estate fund advised by Crow Holdings Capital.

The Class A, core industrial facility is situated on 15.2 acres at 5650 Kearny Mesa Rd. Operating as a last mile distribution center, the asset is fully leased to an e-commerce giant. The property is strategically located within Central San Diego and benefits from its proximity to major thoroughfares including I-805, I-15, SR-163 and SR-52, providing access for fast, cost-effective distribution to all corners of San Diego.

The project features modern building finishes, a 36-foot clear height, cross-dock configuration, abundant dock-high loading capabilities, 120’ concrete truck courts and the option to accommodate an extensive pool of logistics-oriented users.

Newmark’s Kevin Shannon, Andrew Briner, Bret Hardy, Jim Linn, Brunson Howard and Ken White represented the sellers in the transaction.




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