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Auto Retailer Buys Kearny Mesa Site

SAN DIEGO-Publicly traded UnitedAuto Group-West purchases a 28,217-sf building from a unit of General Electric as part of a plan to spruce up its properties along Kearny Mesa Road.

By Randyl J. Drummer | Updated on April 03, 2002

SAN DIEGO-In a deal valued at $4.62 million, a publicly traded auto retailer has purchased a 28,217-sf building from a unit of General Electric in the Kearny Mesa area.

UnitedAuto Group-West bought the building from Station Venture Operations, one of General Electric’s operating companies. The property is located at 8330 Engineer Road.

UnitedAuto Group plans to demolish the building on the 2.8-acre site, where San Diego’s NBC affiliate studios were located, as part of a $40 million redevelopment of its car dealerships along Kearny Mesa Road. The company will use a portion of the site to expand its Toyota sales division, currently located adjacent to the acquisition. The group will also build additional parking.

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