Lee Chesnut Chesnut: “The office component of Millenia is the most important component of the entire Millenia master plan.”

CHULA VISTA, CA—With the advent of Millenia Office and its proximity to the cross-border airport, the Eastern Chula Vista submarket is poised to be the game-changer for global companies in the San Diego region, Chesnut Properties principal Lee Chesnut tells GlobeSt.com. His firm has purchased the seven-acre first phase of Millenia Office here, with an option to purchase the balance of the 28-acre site, The corporate/office component of the 210-acre Millenia master-planned community, Millenia Office has entitlements for 2 million square feet of class-A corporate and office space.

What will be unique about Millenia Office is the “convergence of major global demographics,” Chesnut tells GlobeSt.com exclusively. “It’s not just the one thing that I’m building, but it’s also the huge economic region that exists between the US, San Diego and Mexico just south of the border.”

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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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