FARADAY INDUSTRIAL PARK
Project Summary
date acquired
August 2024
location
Otay, CA
size
97,961 SF
units
20
year built
1984-1987
Investment Summary
BKM Capital Partners acquired Faraday Industrial Park in August 2024. Located in Otay, CA, the 97,961 square-foot multi-tenant business park consists of five buildings with 20 units.
The property is strategically located in the Otay Mesa submarket of San Diego, along the USA-Mexico international border, with excellent access to SR-905, which connects directly to I-5. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, and modernized landscaping. BKM also reconfigured overbuilt office units into reconfigured industrial suites. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.