The sale further indicates heightened investor interest in the Otay Mesa region
Otay Mesa, Calif. May 24, 2022 – Colliers today announced the sale of two sites totaling 10.02 acres in Otay Mesa, located just west of 2160 Cactus Road, San Diego, CA 92514. The site, consisting of 436,471 square feet, serves as the future home of Epoca’s G and I neighborhoods—an extension of ColRich’s mixed-use-village style townhome complexes.
Colliers’ senior vice president Ciara Trujillo, senior executive vice president David Santistevan and land advisor, Erin McKinley, represented the nationally recognized San Diego-based developer ColRich in the transaction, who sold the land to Lennar.
Located within the Central Village Specific Plan, Epoca will offer a walkable village-living concept to provide community connection through paseos and trails adjoining neighborhoods to public parks, recreation facilities, and schools. Neighborhood G will be comprised of 131 Townhomes, and Neighborhood I will include 118 Motorcourt homes.
Situated in Otay Mesa, Epoca’s next phase is positioned at the forefront of a region experiencing exponential growth and an influx of private and public investment in transportation, industry, and lifestyle.
Media Contact:
Leanne Daly
PR & Communications | Southwest Region
Leanne.Daly@colliers.com
+1 760 930 7941
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $57 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
