SAN DIEGO — Elevation Land Co. and a real estate fund advised by Crow Holdings Capital have completed Phase One of Otay Mesa Business Park, a two-phase, 119-acre industrial and logistics campus in the Otay Mesa submarket of San Diego.
The 612,240-square-foot Phase One includes:
- Building 1, a 203,000-square-foot facility with 197 parking stalls, 50 trailer stalls, 36 loading docks and two grade-level doors;
- Building 2, a 233,880-square-foot asset with 220 parking stalls, 52 trailer stalls, 37 loading docks and two grade-level doors;
- Building 3A, a 95,400-square-foot property with 104 parking stalls, 22 loading docks and two grade-level doors
- Building 3B, a 79,760-square-foot facility with 87 parking stalls, 20 loading docks and two grade-level doors.
At full build-out, Otay Business Park will feature 1.8 million square feet of industrial space, spanning the Siempre Viva Road connection to SR-11, which is the last exit on SR-11 before entering the Otay East U.S./Mexico Port of Entry commercial border crossing. The first phase of this port-of-entry is slated to open in late 2027.
Dempsey Construction is serving as general contractor for the project, which was designed by Ware Malcomb. Brant Aberg and Ryan Downing of Cushman & Wakefield are marketing the property.