Southrail consists of eight single and multi-tenant industrial and warehouse buildings located in Chula Vista at 645, 648, 656, 664, 675, 680, 688, 693 and 696 Marsat Court and 1548, 1564, 1580 and 1596 Jayken Way. The project is now 98% leased.  Notable tenants include Old Gringo, Servpro of South Chula Vista, and Toleeto Fasteners. The project was originally constructed in 1987 and was acquired by Westcore Properties in 2002. The properties are located 10 minutes from the US border with Mexico and 10 minutes from the Port, National City Marine Terminal.

“Westcore will continue to strategically sell assets as those assets value achievement goals are met,” said Marc Brutten, chairman and founder of Westcore Properties. “The company will continue to seek out high quality industrial and office buildings in the southern California market.”

Darla Longo, Barbara Emmons and Rebecca Perlmutter Finkel of CBRE represented Westcore Properties and Focus Real Estate in the transaction.

“Being able to stabilize the property after 12 years and turning this into a net-positive deal falls directly in line with our strategy for this market,” said Don Ankeny, president and CEO of Westcore. “Along with the recent sale of several other Southern California industrial properties, we felt the market was in the right place for a strong individual sale.”

Westcore Properties is a private, entrepreneurial commercial real estate investment firm with a specialized focus in the western United States and key European markets. Focus is a full-service real estate operator and developer based in Costa Mesa.