Avison Young has finalized the sale of an industrial property in the Otay Mesa submarket of San Diego, underscoring ongoing investor interest in logistics assets tied to cross-border trade. The building, totaling 31,488 square feet, is located at 7577 Airway Rd. and traded for $8.824 million. The seller was described as a private investor based in Miami, while the buyer was not disclosed.
The brokerage team representing the seller included Avison Young associate Tanner Johnson and principal Jamie Endres-Keller, working alongside Barry Katz and Blake Katz of WGS Realty. Price Real Estate Investments represented the undisclosed buyer in the transaction, coordinating the acquisition on behalf of the purchasing entity.
The property is situated approximately 2.5 miles from the U.S.-Mexico border crossing, positioning it to benefit from the movement of goods between the two countries. According to the parties involved, the asset sits within one of the strongest logistics hubs in the greater San Diego region, serving users involved in cross-border trade, manufacturing and distribution activities.
Johnson noted that the marketing process generated strong interest from prospective buyers and led to what he described as an efficient closing. He added that opportunities to acquire industrial properties in Otay Mesa remain limited, reflecting a tight for-sale market in this logistics-focused submarket.
The transaction is cited as evidence of continued demand for well-located industrial assets in Otay Mesa, particularly those that offer practical loading features and straightforward access to major trade routes. The property’s proximity to the border and its functionality are viewed as key drivers of appeal for both owner-users seeking operational facilities and investors targeting logistics-oriented real estate.
Participants in the deal emphasized that industrial assets with efficient loading capabilities and immediate connectivity to cross-border corridors are highly sought after. This dynamic is especially pronounced in Otay Mesa, where the industrial base is closely linked to binational trade flows, manufacturing operations and distribution networks that rely on the nearby border crossing.
By aligning modern industrial functionality with close access to international trade infrastructure, the Airway Rd. property illustrates how logistics-oriented real estate in Otay Mesa continues to capture attention from capital. Even as the buyer remains unnamed, the sale demonstrates that private investors and investment firms are actively competing for industrial assets that can directly serve users engaged in cross-border commerce.
