Hines Leases 50573 Square Feet To Foxx Development Inc At Britannia Tech Park San Diego

The property asset involved in this lease is a 50,573 square foot industrial space located at 7222 Airway Road in San Diego. The market for this asset is San Diego, and it is part of Britannia Tech Park, which is owned by Hines. The park consists of a total of 203,244 square feet of Class A space across two buildings, designed for distribution, R&D, and manufacturing.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 7222 Airway Road
• Market: San Diego
• Landlord: Hines
• Tenant: Foxx Development, Inc.
• Broker: Brant Aberg - Cushman & Wakefield

Cushman & Wakefield, representing Hines, facilitated this lease to Foxx Development, Inc., which specializes in telecom, electronic devices, smart building, and IoT products. The strategic location near major transport routes and the US/Mexico border enhances the significance of this transaction.