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1/17/25
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Britannia Tech Park, a newly constructed, 203.2k sf Class A industrial development in San Diego’s Otay Mesa submarket, is now 100% leased. The final tenant is Irvine-based Foxx Development Inc. which signed a long-term lease for an additional 102.1k sf freestanding building. The industrial property is owned by Hines U.S. Property Partners (HUSPP), Hines’ commingled U.S. core plus fund.
Foxx Development, a company that delivers end-to-end solutions for telecommunication electronic devices, smart building, and IoT products and that also just went public, was previously leasing 101.1k sf at the project through a lease and lease expansion during mid-2024. The company’s latest expansion now gives it occupancy of the entire development. The company’s long-term leases all run coterminous.
Britannia Tech Park features modern functionality including 32’-34’ clear height, ample dock and grade loading, heavy power, EV charging, rooftop solar capability, fenced/secured yard potential, outdoor patio areas, and skylights. The location provides quick access to SR 905 and is adjacent to the Brown Field Municipal Airport. The property is also in proximity to the US/Mexico border.
Strategically located at Airway Rd and Colchester Ct, just off Britannia Blvd and State Route 905, Britannia Tech Park comprises two freestanding distribution / R&D / manufacturing buildings. Hines had acquired the project from the original developer following its completion in 2023.
Cushman & Wakefield’s Brant Aberg, SIOR, who leads leasing efforts for Britannia Tech Park, represented Hines in the transaction(s).
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