Storage yard on Cactus in Otay Mesa sold

Thursday, September 25, 2014

The 7.5-acre storage yard with a 5,200-square-foot building in Otay Mesa at 6903 Cactus Court, San Diego 92154, has been sold for $2.86 million.

 Cactus

The buyer was Crown Xpress Transport, a California corporation with Lorena Guillen-Acosta as president and secretary, 9931 Via de la Amistad, San Diego 92154.

The acquisition was financed with first and second loans from Western Alliance Bank of $1,456,000 and $1,145,640, respectively.

James M. Wright was the seller of the property (assessor’s parcel 667-050-45). The two-story building was constructed in 1998.

The property was sold in December 2013 for $2.25 million with financing of $1,125,000 from US Bank.

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