Dalfen Industrial has acquired Otay West Logistics center at 6800 Gateway Park in Otay Mesa, Calif., a suburb of San Diego, and Stockton Supply Chain Center III at 2230-2248 Stagecoach Road in Stockton, Calif.
The financial terms and sellers were not disclosed.
Otay West Logistics Center, is a 62,875-square-foot industrial property. Built in 2005, the property features 24-foot clear heights, a ±170-foot truck court, 15 dock-high doors, four drive-in doors and ample parking. The property is 100 percent leased to DHL. The area is full of notable tenants, including companies like Fedex, Amazon, Kraft, Honeywell, Bose, Panasonic and Costco.
The location is situated two miles from the 905 freeway, which provides access to both I-5 and I-805 freeways to the west as well as SR-125 and the Otay Mesa Port of Entry to the east. Proximity to the Otay Mesa Port of Entry, the largest commercial land port of entry, and the trade zone are distinct attractions to the area, a