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11/09/15
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M2 Ingredients has inked a 10-year, $8.16 mil lease for a 64k sf ($1.06/sf/mo) industrial space in Carlsbad. The property is at 3193 Lionshead Ave, east of Melrose Dr and north of Palomar Airport Rd.
Tim Moore, Senior Vice President of Lee & Associates – North San Diego County represented the tenant, M2 Ingredients, a grower and processor of organic mushrooms found in nutritional supplements and their own line of human and pet products. The landlord, SR Commercial, was repped by Aric Starck of Cushman & Wakefield.
“The recent expansion into the location on Lionshead is emblematic of the increasing media attention and public interest M2 Ingredients has received in the last year,” noted Moore. “Over the last year, they have expanded into two locations, occupying a combined total of 84.9k sf”. In 2014, Moore represented M2 Ingredients in the lease negotiation of 20.8k sf at 5931 Priestly Dr, also in Carlsbad.
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