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Amazon Delivers Big Payday for Sellers of San Diego Industrial Property

Kearny Mesa Building Trades for More Than Twice What the Owners Paid 2 Years Ago
A building occupied earlier this year by Amazon, in San Diego's Kearny Mesa neighborhood, sold for $64.25 million. (CoStar)
A building occupied earlier this year by Amazon, in San Diego's Kearny Mesa neighborhood, sold for $64.25 million. (CoStar)
CoStar News
October 29, 2021 | 10:58 P.M.

It’s another sign of Amazon’s power as a tenant to deliver profits for its landlords: A San Diego industrial building leased to the e-commerce giant sold for $64.25 million, more than twice what the sellers paid for it two years ago.

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