CJ Stos of Master Development Co. and Michael McCann of INGClarion will be among the experts discussing the booming growthtaking place in Otay Mesa. They'll have plenty to talk about. Thisweek another major development surfaced, with Kearny Real EstateCo. LLC acquiring 311.4 acres of raw land in Otay Mesa for $23.3million.

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The land surrounds the planned SR-11 highway extension. Whencompleted, SR-11 will "connect Hwy 125 and Hwy 905 to the proposedthird US-Mexico border crossing-port of entry," according toofficials with Colliers International, who represented the buyer.Kearny plans to develop Otay Crossings Commerce Park on thesite.

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According to information obtained from Kearny, the firm plansthree million sf of industrial space at a cost of roughly $400million. Kearny partnered with Pacific Coast Capital in the deal.Kearny officials say they're looking at a three-year timetable towork through entitlements on the raw land.

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At Thursday's conference, panelists will layout the dynamics inplay that are creating the boom in Otay Mesa. They'll also discuss,beyond Kearny, who the other players are doing the deals in thesubmarket.

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RealShare Group Conference Manager Colleen McShane tellsGlobeSt.com that "over 300 industry professionals" are expected atthe event, which will be held at the Marriott Del Mar, withnetworking beginning at 7 am. The day kicks off with a keynoteaddress by Jim Waring, Director of Land Use & EconomicDevelopment for the City of San Diego.

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Other highlights include a "Pardon the Interruption" segment,based on the ESPN series, and will feature Stath Karras of BurnhamReal Estate and Mark Read of CB Richard Ellis squaring off in arapid-fire Q&A segment. According to RealShare officials: Karasand Read will debate the "top 10" real estate topics in thearea.

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Other topics include: investment sales opportunities; a capitalmarkets update; a discussion with local corporate real estateexecutives and a Town Hall Meeting. The conference concludes atnoon.

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RealShare San Diego, along with other RealShare eventsnationwide, is produced by Real Estate Media, publishers ofGlobeSt.com, Real Estate Forum, Real Estate Southern California andother print and online publications devoted to commercial realestate.

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