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Three Reasons Why South Bay Industrial is So Tight

CHULA VISTA, CA—Stos Partners’ recent acquisition of a 170,805-square-foot multi-tenant industrial building here marks a rare off-market transaction in a comparatively affordable region where space is scarce, CJ Stos and Jason Richards tell GlobeSt.com.

CJ Stos Stos: “There’s a lack of new product being delivered to the market; there’s virtually no new development in Chula Vista or the South Bay market.”

CHULA VISTA, CA—Stos Partners’ recent acquisition of a 170,805-square-foot multi-tenant industrial building here marks a rare off-market transaction in a comparatively affordable region where space is scarce, principal CJ Stos and partner Jason Richards tell GlobeSt.com.

The property, which was acquired off-market, is widely considered desirable by private and institutional investors due to its size, location and mix of local and national tenants from many industries. We spoke with Stos and Richards about the South Bay market, the reasons why it is so tight and options for tenants seeking industrial space close to the US/Mexican border.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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