/

|

EQT Exeter has purchased a freestanding, 115.5k sf industrial/warehouse building on 5.7 acres in San Diego’s Otay Mesa submarket for $23.45 mil ($203/sf). The single-tenant property, located at 2345 Britannia Blvd, is 100% leased and serves as the headquarters for Martin Furniture Inc, a leading manufacturer of case goods furniture for Dining, Office, and Entertainment. EQT Exeter is a global real estate investment manager with nearly $30B of equity under management. The seller was Washington Capital Management.