Foxx Development Inc Leases 102099 SF Industrial Space From Hines In San Diego

The property involved in this transaction is an industrial asset located at 7498 Colchester Court in San Diego, encompassing a total area of 102,099 square feet. This property is part of Hines' Britannia Tech Park, a larger 203,244-square-foot Class A industrial development that is now fully leased.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Lease Term: Long-term
• Landlord: Laura Hines-Pierce & Jeffrey C. Hines - Hines
• Tenant: Greg Foley - Foxx Development, Inc.
• Broker: Brant Aberg - Cushman & Wakefield
• Market: San Diego

Foxx Development has signed a long-term lease for the remaining space in the facility, now occupying the entire property under coterminous agreements, while already having occupied part of the project prior to this deal.