EastGroup Properties has acquired a Rocky Point Distribution Center in San Diego from Black Creek Group. The property is a brand new 226,691-square-foot class-A, multi-tenant industrial facility in Oceanside.

The two-building property includes a 109,163-square-foot building and a fully leased 117,528-sf building . The property was approximately 52% leased overall at time of sale, to a strong industrial tenant mix that includes Wayfair Logistics. The two-building project is part of a larger, prestigious group of five buildings originally known as the Pacific Coast Collection.

Bryce Aberg, Jeffrey Cole, Jeff Chiate, Mike Adey and Zach Harman with Cushman & Wakefield's San Diego and Orange County offices represented the buyer in the off-market transaction.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

San Diego
Industrial
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West