Mike Neal Of H.G. Fenton Company Acquires Kearny Mesa West Industrial Park From Shaul Kuba For $74.15M

The property involved in this transaction is a 210,916-square-foot industrial asset located at 7243 Engineer Road in San Diego, CA. The property was sold for $74,150,000, equating to $352 per square foot. This sale marks a significant transaction in the industrial market, reflecting ongoing investor interest in industrial assets within tightly held submarkets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $74,150,000
• Sale Price per Square Foot: $352
• Buyer: Mike Neal - H.G. Fenton Company
• Seller: Shaul Kuba - CIM Group
• Square Footage: 210,916
• Address: 7243 Engineer Road
• Market: San Diego, CA

Mike Neal represented H.G. Fenton Company in the acquisition of this industrial property, while Shaul Kuba represented CIM Group in the sale. The transaction is noted as the largest industrial sale in San Diego County for Q1 2026, indicating the competitive nature of this segment of the real estate market.