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6/24/16
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RAF Pacifica Group has acquired 18.4 acres of entitled land within the Carlsbad Raceway Business Park for $15.07 mil. The firm plans to build two state-of-the-art distribution buildings totaling 272.4k sf on the land. The project, which will be known as “dis•trib•ute,” will be divisible down to 10k sf and designed to accommodate a vast array of businesses, with a modern aesthetic and high-tech amenities to optimize efficiency.
The distribution center structures will be designed with a corporate headquarters aesthetic, incorporating a mix of modern creative office and state-of-the-art industrial space. They will integrate cutting-edge features including glass exteriors, updated ESFR sprinkler systems, 30’ clear height ceilings, and high-dock loading doors. The project will also incorporate an outdoor amenity space for people to gather and socialize, similar to a creative office campus environment.
“Our vision is to produce the highest quality, most functional industrial product in San Diego,” says Adam Robinson, Principal of RAF Pacifica Group. “No new or innovative product has been built in this market in the past 10 years. During that time a wide array of changes have occurred in what industrial users want.”
The dis•trib•ute project is slated to break ground in the first quarter of 2017, with an estimated completion date in Q4 of 2017. Dennis Visser and Aric Starck of Cushman and Wakefield represented both the buyer and the seller, HG Fenton, in the transaction.
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