 |
| Situated on 14.62 acres within the two-million-SF Siempre Viva Business Park, the two-building industrial portfolio is located at 8500 Kerns Street and 2600 Melksee Street, San Diego, CA Photo by Scott Murphy |
SAN DIEGO, CA, June 3, 2019 – HFF
announces that it has closed the sale of a two-building industrial portfolio
totaling 201,020 square feet in San Diego’s Otay Mesa submarket.
 |
| Kaitlin Murphy Arduino |
The HFF team represented the seller, San Diego-based Murphy
Development Company. LaSalle Investment
Management purchased the assets.
Situated on 14.62 acres within the two-million-square-foot Siempre
Viva Business Park, the portfolio is located at 8500 Kerns Street and 2600
Melksee Street and features convenient access to San Diego’s major distribution
corridors, including Interstates 5, 8, 15 and 805, which connect to Southern
California’s vital trade routes.
 |
| Kara Mathis |
Originally constructed in 2016 and 2019, the portfolio properties
feature 28- to 32-foot clear heights, wide truck courts, loading via 50
dock-high and eight grade-level doors and a low office build-out.
The HFF investment advisory team representing the seller was
led by senior managing director Nick Psyllos and senior associate Kara
Mathis.
“The sale of our last two buildings at the 2.1
million-square-foot Siempre Viva Business Park is bittersweet for us,” said Kaitlin
Arduino, Murphy Development Company EVP.
 |
| Nick Psyllos |
Holliday GP Corp. ("HFF") is a real estate broker
licensed with the California Department of Real Estate, License Number
01385740.
CONTACTS:
NICK PSYLLOS
CA Lic. #00788060
HFF Senior Managing Director
(858) 552-7690
KIMBERLY
STEELE
HFF
Digital Content/Public Relations Specialist
(713)
852-3420
No comments:
Post a Comment