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California  + San Diego  + Industrial  | 

CapRock Claims 26-Acre Development Site in Sorrento Mesa

CapRock Partners acquired a 26-acre land site in San Diego’s Sorrento Mesa neighborhood from a private investor. The Newport Beach, CA-based company envisions developing build-to-suit facilities for industrial tenants, or several speculative industrial buildings to satisfy pent-up demand in one of San Diego’s tightest industrial submarkets.

CapRock Partners’ Bob O’Neill says, “This site presents a prime opportunity for tenants seeking custom last-mile logistics, manufacturing and other industrial uses, and CapRock will continue to seek additional acquisition opportunities in this high-demand, land constrained market.”

The site is centrally-located on Nancy Ridge Road, with convenient access to I-805 and I-15 as well as Carroll Canyon Road. The prime infill location near Sorrento Valley and Miramar is in close proximity to Qualcomm’s headquarters, ThermoFisher Scientific and a FedEx distribution center.”

Colliers International’s Mike Erwin, Tucker Hohenstein and Evan McDonald brokered the deal.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.