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NewMark Merrill Acquires Otay Mesa Development Site
The San Diego division of NewMark Merrill Companies, Inc. has acquired a 2.5-acre parcel located at the northeast corner of Ocean View Hills Parkway and Otay Mesa Road in the Otay Mesa neighborhood of San Diego. The site is fully leased to Wendy’s, Dutch Bros Coffee and Quick Quack Car Wash, all scheduled to open in early 2027.
“This site brought together the right location, the right tenants, and the right timing,” said Barret Bradley, VP of acquisitions and development at NewMark Merrill. “Otay Mesa’s growth has been really exciting to watch, and we’re glad to be part of the neighborhood with a dynamic new project anchored by three best-in-class brands.”
Andrew Peterson and Chris Kehl of SRS Real Estate Partners represented NewMark Merrill in the leasing and procurement of all three tenants. SRS also represented Dutch Bros and Quick Quack. Wendy’s was represented by Brian Pyke and Jack Avarello of Retail Insite.
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- ◦Sale/Acquisition
- ◦Development
