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5/24/19
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Quonset Project in Carlsbad has sold in an off-market transaction for $3.9 mil. Located at 2725-2727 State St, the 8.3k sf, two-story project is situated within the renowned Carlsbad Village community and features a design studio, cocktail bar, restaurant, café, and wine tasting room.
Two of the project’s prized tenants include Campfire Restaurant and Carruth Cellars. The award-winning Quonset Project was designed by Brett Farrow Architect and is named after and inspired by the existing WWII era Quonset hut on the site.
Carlsbad Village is the heart and soul of Carlsbad, California, just 40 minutes north of San Diego. Influenced by historic roots, proximity to beautiful beaches, and an unbeatable climate, the Village is a favorite destination of locals and tourists alike. The Village features an array of shops, restaurants, hotels, and many services for tourists and residents alike.
The seller was Quonset Development and the buyer was a private local investor. Cushman & Wakefield’s Peter Curry represented both parties in the transaction.
“The project, formerly an auto repair shop, was redeveloped in 2016 by Brett Farrow Architect and Chris Miller (together Quonset Development),” noted Curry. “When their vision became reality, it created the beginning of a wave of development momentum along State Street that is now spreading throughout Carlsbad Village.”
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