{"id":1004179269,"date":"2017-06-06T08:19:14","date_gmt":"2017-06-06T16:19:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004179269"},"modified":"2022-12-03T22:17:47","modified_gmt":"2022-12-04T06:17:47","slug":"san-diego-industrial-asset-trades-for-19m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/","title":{"rendered":"San Diego Industrial Asset Trades for $19M"},"content":{"rendered":"<p>By Mihaela Coste<\/p>\n<div id=\"attachment_1004179270\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004179270\" data-attachment-id=\"1004179270\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/2055-dublin-drive-san-diego\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg\" data-orig-size=\"583,490\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"2055 Dublin Drive, San Diego\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg?w=583\" class=\"wp-image-1004179270 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg\" alt=\"2055 Dublin Drive, San Diego\" width=\"300\" height=\"252\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg 583w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg?resize=300,252 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004179270\" class=\"wp-caption-text\">2055 Dublin Drive, San Diego<\/p><\/div>\n<p>STAG Industrial Inc. has expanded its California portfolio with the acquisition of a 205,800-square-foot, Class A industrial facility in the Otay Mesa submarket of San Diego. With help from HFF, the property traded for $19.3 million, free and clear of existing debt.<\/p>\n<p>Senior Managing Director Nick Psyllos and Director Nick Frasco, with the company\u2019s San Diego office, led the investment sales team on behalf of the undisclosed seller.<\/p>\n<p>Located on a 11.7-acre site, 2055 Dublin Drive benefits from close proximity to the US\/Mexico International border, being situated 1.5 miles from the privately operated Otay Mesa Cross Border Xpress bridge and 4.7 miles from the Otay International Border crossing into Tijuana, Mexico. Additionally, the asset has access to interstates 5, 8, 15 and 805 and is included in the Foreign Trade Zone, which sees more than $580 billion in volume annually.<\/p>\n<p>The asset was built in 1990 and features 24-foot clear heights, 29 dock-high and grade-level loading doors, 5\u201d reinforced floors, foil insulated ceilings with skylights, an ESFR sprinkler system, abundant grade-level parking and a large lot that can be fenced. \u00a0<\/p>\n<p>At the time of the transaction, the property was fully leased to three tenants: Honeywell International Inc., Cubic Corp. and SigmaTron International Inc.<\/p>\n<p>STAG Industrial Inc. is a Boston-based REIT focused on the acquisition and operation of single-tenant properties throughout the U.S. The company currently has a portfolio of 294 properties located in 37 states, totaling approximately 57 million rentable square feet.<\/p>\n<p><em>Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 205,800-square-foot facility located within the Foreign Trade Zone in Otay Mesa is fully leased to three tenants. <\/p>\n","protected":false},"author":1192,"featured_media":1004179270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1608,15],"tags":[32792,35970],"class_list":["post-1004179269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-san-diego","category-west","tag-hff","tag-stag-industrial"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>San Diego Industrial Asset Trades for $19M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"San Diego Industrial Asset Trades for $19M\" \/>\n<meta property=\"og:description\" content=\"The 205,800-square-foot facility located within the Foreign Trade Zone in Otay Mesa is fully leased to three tenants.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-06T16:19:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T06:17:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"583\" \/>\n\t<meta property=\"og:image:height\" content=\"490\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mihaela Coste\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/\"},\"author\":{\"name\":\"Mihaela Coste\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/84db22c1406ebbb161906ccf4f43d508\"},\"headline\":\"San Diego Industrial Asset Trades for $19M\",\"datePublished\":\"2017-06-06T16:19:14+00:00\",\"dateModified\":\"2022-12-04T06:17:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/\"},\"wordCount\":255,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/2055-Dublin-Drive-San-Diego.jpg\",\"keywords\":[\"HFF\",\"STAG Industrial\"],\"articleSection\":[\"Deals\",\"Industrial\",\"News\",\"San Diego\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/\",\"name\":\"San Diego Industrial Asset Trades for $19M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/2055-Dublin-Drive-San-Diego.jpg\",\"datePublished\":\"2017-06-06T16:19:14+00:00\",\"dateModified\":\"2022-12-04T06:17:47+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/84db22c1406ebbb161906ccf4f43d508\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/2055-Dublin-Drive-San-Diego.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/06\\\/2055-Dublin-Drive-San-Diego.jpg\",\"width\":583,\"height\":490},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-diego-industrial-asset-trades-for-19m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"San Diego Industrial Asset Trades for $19M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/84db22c1406ebbb161906ccf4f43d508\",\"name\":\"Mihaela Coste\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g\",\"caption\":\"Mihaela Coste\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/mihaelacoste\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"San Diego Industrial Asset Trades for $19M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/","og_locale":"en_US","og_type":"article","og_title":"San Diego Industrial Asset Trades for $19M","og_description":"The 205,800-square-foot facility located within the Foreign Trade Zone in Otay Mesa is fully leased to three tenants.","og_url":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-06-06T16:19:14+00:00","article_modified_time":"2022-12-04T06:17:47+00:00","og_image":[{"width":583,"height":490,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","type":"image\/jpeg"}],"author":"Mihaela Coste","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/"},"author":{"name":"Mihaela Coste","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/84db22c1406ebbb161906ccf4f43d508"},"headline":"San Diego Industrial Asset Trades for $19M","datePublished":"2017-06-06T16:19:14+00:00","dateModified":"2022-12-04T06:17:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/"},"wordCount":255,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","keywords":["HFF","STAG Industrial"],"articleSection":["Deals","Industrial","News","San Diego","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/","url":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/","name":"San Diego Industrial Asset Trades for $19M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","datePublished":"2017-06-06T16:19:14+00:00","dateModified":"2022-12-04T06:17:47+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/84db22c1406ebbb161906ccf4f43d508"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","width":583,"height":490},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/san-diego-industrial-asset-trades-for-19m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"San Diego Industrial Asset Trades for $19M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/84db22c1406ebbb161906ccf4f43d508","name":"Mihaela Coste","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae4c2841244c212655757982ab596ad3ca7eccb7b9eccb81e85b6111dd567b78?s=96&d=mm&r=g","caption":"Mihaela Coste"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/mihaelacoste\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/2055-Dublin-Drive-San-Diego.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004179269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1192"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004179269"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004179269\/revisions"}],"predecessor-version":[{"id":1004179374,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004179269\/revisions\/1004179374"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004179270"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004179269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004179269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004179269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}