Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN DIEGO-Retailer Mor Furniture For Less has signed a 10-year lease for 199,359 square feet of industrial space at Brown Field Business Park that is one of the largest industrial leases here in some time, according to Cushman & Wakefield. The company says that Mor’s deal is the largest industrial space commitment in San Diego County since 2006.

Mor Furniture’s new space is at 7757 St. Andrews Ave. The company is relocating its current warehouse and distribution center to Otay Mesa’s Brown Field Business Park from Poway.

Director Charles Adolphe of Cushman & Wakefield comments that the transaction “reflects what we hope to see as a turning point for the industrial market in San Diego, particularly in South County where there continues to be a surplus of inventory.”

Adolphe and Bryan Teel of Cushman & Wakefield represented the landlord, Brown Field Business Park LP. The tenant was represented by Eric A. Northbrook and Sean Williams, also of Cushman & Wakefield. Financial terms of the deal were undisclosed.

Mor has been one of the few retailers expanding and doing deals in Southern California in recent months. For example, the company leased 38,000 square feet earlier this year in Murrieta.

Cushman & Wakefield also brokered an industrial sale in San Diego, where Westcore Properties acquired a 72,205-square-foot building at 5258-5260 Anna Ave. in the Old Town area of the city. Steve Bollert, director of acquisitions and a principal at Westcore, describes the deal as “an opportunity to purchase excess corporate real estate that is functional, well-positioned and located in a strong infill industrial market.”

Westcore bought the property from the San Diego Union Tribune, which was represented by Tom Olson of Coldwell Banker Commercial. Westcore was represented by Mickey Morera and Jeff Brown of Cushman & Wakefield.

Bollert says that Westcore intends to complete minor exterior and interior refurbishments and offer the building for immediate lease or sale. The company has retained Morera and Brown as leasing agents for the property. Purchase price was not disclosed.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.