Ares Management Acquires Industrial Property In San Diego For $57M

A industrial property located at 9063 & 9093 Airway Road in San Diego has been sold for a total of $57,000,000. The property spans across 199,997 square feet, resulting in a price per square foot of $285. The transaction involved the buyer, Ares Management, and the seller, LPC West & Crow Holdings Capital.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $57,000,000
• Square Footage: 199,997
• Price per Square Foot: $285
• Address: 9063 & 9093 Airway Road, San Diego
• Market: San Diego

JLL brokers Ryan Spradling, Makenna Peter, Mark Detmer, Ryan Sitov, Greg Lewis, and Andy Irwin represented both the buyer, Ares Management, and the seller, LPC West & Crow Holdings Capital, in this transaction.