OTAY MESA, CA—On behalf of Clarion Partners, JLL’s Capital Markets experts has sold International Business Center, a seven-building industrial park with a 9.2-acre truck yard located outside San Diego in Otay Mesa. A private real estate investor purchased the 517,207-square-foot portfolio. JLL was also awarded the leasing assignment for the property.
Managing directors Bo Mills and Mark Detmer led the JLL team on the transaction, while managing director Jay Alexander, senior vice president Ryan Grove and senior associate Joe Anderson handled the leasing.