Real Estate/Development
Oct. 14, 2003
Sale Raises the Bar
BY JULIE NAKASHIMA CREJ Staff Writer A large industrial sale in Otay Mesa has ratcheted up pricing in that southern region of San Diego County near the U.S.-Mexico border.
BY JULIE NAKASHIMA
CREJ Staff Writer
A large industrial sale in Otay Mesa has ratcheted up pricing in that southern region of San Diego County near the U.S.-Mexico border.
Weingarten Realty Investors, a Houston-based real estate investment trust, purchased 726,000 square feet of industrial buildings in Siempre Viva Business Park for $61.8 million, or $85 per square foot.
The transaction closed in mid-September. The seller was Murph...
CREJ Staff Writer
A large industrial sale in Otay Mesa has ratcheted up pricing in that southern region of San Diego County near the U.S.-Mexico border.
Weingarten Realty Investors, a Houston-based real estate investment trust, purchased 726,000 square feet of industrial buildings in Siempre Viva Business Park for $61.8 million, or $85 per square foot.
The transaction closed in mid-September. The seller was Murph...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In