CIM Group Sells Kearny Mesa West Business Park Industrial Complex In San Diego

CIM Group has completed the sale of Kearny Mesa West Business Park, an industrial complex located at 7243-7330 Engineer Road, 7297-7370 Opportunity Road, and 7257-7343 Ronson Road in San Diego. The property encompasses 212,000 square feet spread across 16 buildings on 14.3 acres. The facility, built in 1979, includes multi-tenant warehouse and office space with 75 loading docks and convenient access to major interstates including 805, 15, 8, Route 52, and Freeway 163.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Market: San Diego
• Asset Size: 212,000 SF
• Acres: 14.3
• Seller: Shaul Kuba, Avi Shemesh & Richard Ressler
• Company: CIM Group
• Built Year: 1979
• Features: 16 buildings, multi-tenant warehouse and office space, 75 loading docks

The transaction involved key individuals Shaul Kuba, Avi Shemesh, and Richard Ressler, who represented CIM Group in the sale of the business park. CIM Group had owned the property since 2016 before finalizing this transaction.