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LPC Goes Back to the Otay Mesa Well for Second Buy
LPC West, the West Coast arm of Lincoln Property Company, in a joint venture with a real estate fund advised by Crow Holdings Capital, recently acquired vacant land on Airway Road in the Otay Mesa submarket. LPC West has plans to develop a ground-up industrial campus to include two buildings totaling 195,000 square feet as well as two separate outdoor amenity areas totaling 2,000 square feet.
“The Otay Mesa market continues to hold enormous potential for growth as supply chain nearshoring trends continue to take shape,” said Ben Bucci, vice president of LPC West’s San Diego region. “This acquisition was incredibly attractive to us not just for its location but for the chance to develop a ground-up property that will meet market demand and serve as a best-in-class asset for years to come.”
The site is located approximately three miles north of the Otay Mesa Port of Entry at the U.S.-Mexican border and immediately adjacent State Route 905, which connects the Otay Mesa border with the region’s most active thoroughfares including Route 125, I-5 and I-805.
“This strategic property is ideally located near the border with easy access to key Southern California markets,” said Scott Moffatt, senior vice president of LPC West’s San Diego region.
- ◦Sale/Acquisition



