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SAN DIEGO — Lee & Associates has arranged the acquisition of 37.9 acres of industrial land at 5761 Airway Road in San Diego’s Otay Mesa neighborhood. Hyundai Translead purchased the asset for $58 million in an off-market transaction.
The site will support Hyundai Translead’s operations in San Diego, which will allow the company to continue to utilize the location of Otay Mesa as a thoroughfare for its cross-border operations.
Rusty Williams, Chris Roth, Jake Rubendall and Andrew Kenny of Lee & Associates – NSDC, as well as Eugene Kim of Lee & Associates LA North/Ventura, represented the buyer in the transaction.