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SAN DIEGO NEWS
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Carlsbad Office Comp Goes for $209/sf

3/28/14

In a recent office sales comp from San Diego County, a 7.8k sf freestanding building in Carlsbad sold for $1.627 mil ($209/sf). The building is located at 3168 Lionshead Ave, east of Melrose Dr and north of Palomar Airport Rd

Conor Boyle of Colliers International represented the seller, McIntyre Smith Holdings LLC. The buyer, Big Cat Investments LLC, had no outside representation.

The property is a one-story office building with canyon views, situated in the Carlsbad Raceway. “The limited supply of small to mid-size properties as well as the lack of new development continues to drive property values up in the Carlsbad owner-user market,” said Conor Boyle, Associate at Colliers International.





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