Author Archives: otaymesa

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.   The buyer was Crown Xpress Transport, a California corporation with Lorena … Continue reading

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Mixed-use condos on Via De La Amistad in Otay Mesa sold

The 19,110-square-foot office and warehouse condominium in Otay Mesa in the Amistad Distribution Center at 10065 Via De La Amistad, San Diego 92154, sold for $1,180,800, cash. The buyer was Performance Wealth Investments, dba Amistad Otay LLC, 2505 Windward Way, … Continue reading

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Otay Mesa Industrial Property Sold for $8.1 Million

Niceride1 LLC has purchased in Otay Mesa a 115,290 sq. ft. multi-tenant industrial property at 8851-8877 Kerns Street, located in the Siempre Viva Business Park.  They paid $8.1 million or $70.26 sq.ft.The property was built on 7.58 acres in 2003 … Continue reading

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R&R International Freight Forwarding leased 35,640 square feet of industrial space

Recent industrial lease in Otay Mesa area.  Averages out to $.52 sq.ft. over the 65 months. San Diego Daily Transcript – Wednesday, June 25, 2014 Industrial: R&R International Freight Forwarding Inc. has leased 35,640 square feet of industrial space in Otay … Continue reading

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Otay Mesa industrial vacancy rate improving

Wednesday, April 30, 2014 While Otay Mesa still has about 2 million square feet of industrial vacancy, the market looks healthier now than during the recession’s peak, when there were 3 million empty square feet . According to a first … Continue reading

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Otay Mesa leads 3Q industrial leasing gains in South County markets

Friday, November 1, 2013 South County industrial markets continue to improve across the board in the third quarter, led by Otay Mesa’s steady net absorption, according to a report by real estate services brokerage Cassidy Turley. The South County industrial … Continue reading

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