LPC West, in a joint venture with a real estate fund advised by Crow Holdings Capital, has acquired vacant land on Airway Road, just north of the Otay Mesa Port of Entry at the U.S.-Mexico border in the Otay Mesa submarket of San Diego, with plans to develop a ground-up industrial campus. The campus will include two state-of-the-art buildings totaling 195,000 square feet as well as two separate outdoor amenity areas totaling 2,000 square feet.
The site is located approximately three miles from the Otay Mesa Port of Entry at the U.S.-Mexican border and immediately adjacent to State Route 905, which connects the Otay Mesa border with the region’s most active thoroughfares, including Route 125, I-5 and I-805.
Earlier this year, LPC West acquired 7615 Siempre Road, an 86,680-square-foot industrial building in Otay Mesa located a few blocks from the new acquisition on Airway Road.
“The Otay Mesa market continues to hold enormous potential for growth as supply cha
