Author Archives: otaymesa

San Diego City Council Considers Redevelopment District for Otay Mesa

February 7, 2017 The City Council Tuesday voted unanimously to bring a modified version of the former redevelopment process back to San Diego, likely starting with a special district to fund infrastructure projects in Otay Mesa. Redevelopment — which funneled … Continue reading

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San Francisco investor acquires an Otay Mesa industrial portfolio

April 21, 2015 A unit of San Francisco-based Stockbridge Capital Group has purchased about 700,000 square feet of Otay Mesa industrial properties for $45.2 million. Stockbridge may be best known for owning the Hollywood Park site in Inglewood, to where … Continue reading

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Otay Mesa Industrial Building Sold for $6.5 Million

Monday, April 20, 2015 An entity recorded as Stockbridge San Diego Indl Ll has acquired an Otay Mesa industrial property for $6.5 million ($121.34 sq.ft.), according to CoStar Group and public data. The seller of the 53,568-square-foot property, at 6995 … Continue reading

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Two retail centers in Otay Mesa sold

Monday, February 9, 2015 Two retail centers and two vacant parcels near the second San Diego border crossing in east Otay Mesa have been sold for $8,946,000. The properties were the 2.24-acre, 39,888-square-foot Plaza Mayor at 2493-2495 Roll St. and … Continue reading

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102,520 Sq. Ft. Otay Mesa Industrial building sold for $5.03 million

A partnership of TriGate Capital LLC and Lotus Real Estate Partners LLC have acquired a 102,520-square-foot industrial building in the Otay Mesa submarket of San Diego for a reported $5.03 million or $49.06 sq.ft. The property, located at 9485 Customhouse … Continue reading

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Grading underway on Otay Mesa Business Park

Wednesday, October 15, 2014 Grading has begun for a major business park on Otay Mesa, one of the major changes in the San Diego/Tijuana region. Improvements on both sides of the border were discussed at an Urban Land Institute breakfast … Continue reading

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Westcore Buys Otay Mesa Industrial Property for $6.7 Million

September 28, 2014 Westcore Properties of San Diego has purchased a vacant 104,180-square-foot industrial building in Otay Mesa for $6.7 million, or $64.31 sq.ft. Westcore officials said the seller of 8917 Kerns St., was Dominion Investments/ C&W of San Diego. … Continue reading

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