Cushman & Wakefield has been hired as the exclusive adviser to sell 2020 Piper Ranch Road, a 601,417-square-foot multitenant industrial building in San Diego. The owner and the sales price were not disclosed
Considered San Diego’s largest iconic industrial building, the class A facility is situated on more than 31 acres in the Otay Mesa submarket, optimally located with direct access to the U.S.-Mexico border, one of the world’s busiest land border crossings. The property is fully leased.
“2020 Piper Ranch Road is a state-of-the-art distribution/warehouse facility and offers a rare market opportunity for an investor to acquire a critical mass of class A industrial real estate in a highly sought-after market on the West Coast,” said Jeff Cole, a vice chairman at Cushman & Wakefield. “The project is centrally located within the Otay Mesa submarket servicing a broad range of tenants both related to cross-border business and San Diego companies looking fo
