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California  + San Diego  + Industrial  | 

LaSalle Lands Otay Mesa Industrial Portfolio from Murphy

LaSalle Investment Management acquired a two-building industrial portfolio totaling 201,020 square feet in San Diego’s Otay Mesa submarket from San Diego-based Murphy Development Company. Situated on 14.62 acres within Siempre Viva Business Park, the properties are located at 8500 Kerns St. and 2600 Melksee St.

Murphy Development Company’s Kaitlin Arduino says, “The sale of our last two buildings at the 2.1-million-square-foot Siempre Viva Business Park is bittersweet for us. We’ve had a successful track record in this park, which we started back in the early 2000s, landing a number of Fortune 500 tenants over the years, including Becton Dickinson and Mainfreight.”

Originally constructed in 2016 and 2019, the portfolio properties feature 28- to 32-foot clear heights, wide truck courts, loading via 50 dock-high and eight grade-level doors and a low office build-out.

HFF’s Nick Psyllos and Kara Mathis represented the seller.

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With LaSalle Investment ManagementConnect With Murphy Development Company’s ArduinoConnect With HFF’s Psyllos

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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