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Terra Enterprises Acquires 15.2 Acre Industrial Property In San Diego, CA For $162.1M

Property Image
SOLD
$162,100,000
Brunson Howard
Jim Linn
Andrew Briner
+ 3

California

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Industrial299 SF
Sold 02/11/2022
the dealplayerscompscontact
Property Image
SOLD

Terra Enterprises Acquires 15.2 Acre Industrial Property In San Diego, CA For $162.1M

5650 Kearny Mesa Road, San Diego, California 92111, United States

See Similar Deals
Industrial299 SF
Sold 02/11/2022
Brunson Howard
Jim Linn
Andrew Briner
+ 3
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$542,140
Total Square Footage:299 SF
Transaction Type:Sale

An industrial property located at 5650 Kearny Mesa Road in San Diego, CA has been sold for a price of $162,100,000. The property spans over 15.2 acres and has a total of 299,381 square feet of space. The sale was completed on November 2, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $162,100,000
  • Address: 5650 Kearny Mesa Road, San Diego, CA
  • Market: San Diego, CA
  • Square Footage: 299,381
  • Acres: 15.2

The buyer of the property is Terra Enterprises, while the sellers are Lincoln Property Co and Crow Holdings Capital. The deal was facilitated by Kevin Shannon, Andrew Briner, Bret Hardy, Jim Linn, Brunson Howard, and Ken White, who are representatives from Newmark.

Players

Ken White
Newmark
Ken White
96 deals$6.1B volume
BROKER
Bret Hardy
Newmark
Bret Hardy
18 deals$1.2B volume
BROKER
Kevin Shannon
Newmark
Kevin Shannon
136 deals$9.1B volume
BROKER
Jim Linn
Newmark
Jim Linn
11 deals$899M volume
BROKER
Andrew Briner
Newmark
Andrew Briner
13 deals$1B volume
BROKER
Brunson Howard
Newmark
Brunson Howard
12 deals$1.1B volume
BROKER
Lincoln Property Company
Lincoln Property Company
BROKERAGE
Lincoln Property Company
Lincoln Property Company
SELLER
Crow Holdings
Crow Holdings
SELLER

Details

SOLD
IMAGE: Bret Hardy, Andrew Briner, Kevin Shannon, Brunson Howard, Ken White & Jim Linn DATE: 11/02/2022 ADDRESS: 5650 Kearny Mesa Road MARKET: San Diego, CA ASSET TYPE: Industrial ~ ACRES: 15.2 BUYER: Terra Enterprises (@Terra.Enterprises) SELLER: Lincoln Property Co (@LincolnPropCo) & Crow Holdings Capital BROKERS: Kevin Shannon, Andrew Briner, Bret Hardy, Jim Linn, Brunson Howard & Ken White - Newmark (@Newmark) SALE PRICE: $162,100,000 SF: 299,381 ~ PPSF: $542

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