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California  + San Diego  + Industrial  | 
Elevation & Crow Holdings Launch 1.8M-SF Project in Otay Mesa, Cushman & Wakefield named leasing agent

Elevation & Crow Holdings Launch 1.8M-SF Project in Otay Mesa

A joint venture between San Diego-based Elevation Land Company and a real estate fund advised by Crow Holdings Capital will soon begin construction of Otay Business Park, a 1.8-million-square-foot industrial complex in the Otay Mesa submarket of San Diego. According to Cushman & Wakefield, the spec development is one of SoCal’s largest new Class A distribution projects.

Cushman & Wakefield’s Brant Aberg, Ryan Downing and Trent Smith have been retained for project leasing services. “Otay Business Park will be a state-of-the-art project that is both highly flexible and functional,” said Aberg. “The project will offer users a highly convenient, modern location that is proximate to many vital logistics destinations.”

Phase I of Otay Business Park, expected to be completed in the second half of 2024, will consist of approximately 1 million square feet across five buildings. Key features of the development include 32’ to 36’ clear height, 325 dock-high loading positions and 16 grade-level doors.


Inside The Story

Elevation Land CompanyCrow HoldingsCushman & Wakefield's Brant Aberg

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.