{"id":5862,"date":"2024-08-21T13:53:11","date_gmt":"2024-08-21T20:53:11","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth\/?p=5862"},"modified":"2024-09-16T14:45:08","modified_gmt":"2024-09-16T21:45:08","slug":"37-9-acres-of-industrial-land-in-otay-mesa-sells-for-58m","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2024\/08\/21\/37-9-acres-of-industrial-land-in-otay-mesa-sells-for-58m\/","title":{"rendered":"37.9 Acres of Industrial Land in Otay Mesa Sells for $58M"},"content":{"rendered":"<div id=\"pl-5862\"  class=\"panel-layout\" ><div id=\"pg-5862-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-5862-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-5862-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong>Otay Mesa, CA \u2013 <\/strong>August 21st, 2024 \u2013 Rusty Williams, SIOR, Chris Roth, SIOR, Jake Rubendall, SIOR and Andrew Kenny of Lee &amp; Associates \u2013 NSDC as well as Eugene Kim of Lee &amp; Associates LA North\/Ventura have just sold 5761 Airway Rd in Otay Mesa, San Diego for $58,000,000 in an off-market transaction, which is the largest land transaction to take place in San Diego in the last 2 years.<\/p>\n<p>&nbsp;<\/p>\n<p>Totaling approximately 37.9 acres of industrial land, this site will support Hyundai Translead\u2019s operations in San Diego which will allow them to continue to utilize the strategic location of Otay Mesa as a thoroughfare to their cross-border operations.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cOtay Mesa continues to be a hotspot for logistics and manufacturing companies in San Diego due to the proximity to the border\u201d says Rusty Williams, Principal at Lee &amp; Associates North San Diego County, \u201cWith limited land availability in Otay Mesa, our team was able to navigate a very tight and competitive market to ultimately source an opportunity that met our client needs. This is a very strong deal for Otay Mesa and goes to show that the demand for industrial land is still strong.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>The Williams Roth Group of Lee &amp; Associates North San Diego County and Eugene Kim of Lee &amp; Associates LA North\/Ventura represented the Buyer, Hyundai Translead, in this transaction.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-5862-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-5862-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-5862-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-113ccd71f3e6-5862\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/bio-detailed-template\/rusty-williams\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Rusty-Williams-256x256.jpg\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Rusty-Williams-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Rusty-Williams-500x500.jpg 500w\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Rusty Williams, SIOR\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Rusty Williams, SIOR<\/h3><\/div><\/div><\/div><div id=\"pgc-5862-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-5862-1-1-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-113ccd71f3e6-5862\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/bio-detailed-template\/chris-roth\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2023\/01\/Chris-Roth-2023-1-256x256.jpg\" width=\"256\" height=\"256\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Chris Roth, SIOR\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Chris Roth, SIOR<\/h3><\/div><\/div><\/div><div id=\"pgc-5862-1-2\"  class=\"panel-grid-cell\" ><div id=\"panel-5862-1-2-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-113ccd71f3e6-5862\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/bio-detailed-template\/jake-rubendall\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Jake-Rubendall-256x256.jpg\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Jake-Rubendall-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Jake-Rubendall-500x500.jpg 500w\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Jake Rubendall, SIOR\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Jake Rubendall, SIOR<\/h3><\/div><\/div><\/div><div id=\"pgc-5862-1-3\"  class=\"panel-grid-cell\" ><div id=\"panel-5862-1-3-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-49681edeb466-5862\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/bio-detailed-template\/andrew-kenny\/\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2023\/04\/Andrew-Kenny-256x256.jpg\" width=\"256\" height=\"256\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Andrew Kenny\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Andrew Kenny<\/h3><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Otay Mesa, CA \u2013 August 21st, 2024 \u2013 Rusty Williams, SIOR, Chris Roth, SIOR, Jake Rubendall, SIOR and Andrew Kenny of Lee &amp; Associates \u2013 NSDC as well as Eugene Kim of Lee &amp; Associates LA North\/Ventura have just sold 5761 Airway Rd in Otay Mesa, San Diego for $58,000,000 in an off-market transaction, which is the largest land transaction to take place in San Diego in the last 2 years. &nbsp; Totaling approximately 37.9&#8230;<\/p>\n","protected":false},"author":22,"featured_media":5863,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1061,6],"tags":[1078,1011,23,1020,1032,1067],"class_list":["post-5862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-press-releases","tag-andrew-kenny","tag-chris-roth","tag-industrial","tag-jake-rubendall","tag-rusty-williams","tag-williams-roth-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>37.9 Acres of Industrial Land in Otay Mesa Sells for $58M - San Diego North | Lee &amp; Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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