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SAN DIEGO NEWS
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Otay Mesa Industrial Lease Comp Comes Out to $1.28/sf/mo

4/21/23

In a San Diego-area industrial lease comp, HK Trans LLC inked a 62-month deal for 41.5k sf of space in Otay Mesa. The transaction, which works out to $1.28/sf/mo, is at 7615 Siempre Viva Rd, just north of the U.S. / Mexico border.

The company will occupy approximately half of the building. The space offers dock-high doors, grade-level roll-up doors and a 27’ – 28’ clear height. The facility’s location provides easy access to the Cross Border Xpress, State Route 905 and the Otay Mesa Port of Entry.

CBRE’s Ramin Salehi, John Smith and Joe Smith represented HK Trans LLC in the transaction. The company is a full-service supply chain logistics business headquartered in South Gate. Mark Lewkowitz and Chris Holder of Colliers repped the landlord DG Siempre Viva Property Owner LP.

"Due to increased demand in the Cali-Baja region, HK Trans LLC wanted to move its manufacturing operations near the U.S.-Mexico border," said Salehi. "This new lease in the San Diego submarket, adjacent to the border, will help them increase production turnaround times and reduce the risk associated with supply chain issues."





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