The asset involved in this transaction is a newly built warehouse located at 8888 Balboa Avenue in San Diego's Kearny Mesa neighborhood, covering a total area of 123,492 square feet. The property is categorized under industrial assets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Disclosed
• Address: 8888 Balboa Avenue
• Market: San Diego
• Square Footage: 123,492
• Landlord: Howard Schwimmer - Rexford Industrial
• Landlord's Representative: Evan McDonald, Mark Lewkowitz & Tucker Hohenstein - Colliers
• Tenant's Representative: Wills Allen & Mike McQuaid - Newmark

This transaction represents a significant lease, being the largest new low-finish industrial lease in Central San Diego in four years. The landlord's representative, Colliers, facilitated the deal for Rexford Industrial, while the tenant was represented by Newmark.