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12/10/20
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Drapeau Family Enterprises LLC paid $4.17 mil for a freestanding, 20.3k sf ($205/sf) industrial building in Carlsbad. Drapeau will use the property, located at 2721 Loker Avenue West, for product development and distribution by its medical diagnostic company, CLIAwaived.
2721 Loker Avenue West is ideally located adjacent to Palomar Airport Road and just minutes from the I-5 Fwy, providing convenient access to nearby communities. The building features three grade-level loading doors, 800 amps of power, 49 parking spaces and a creative office layout with a grand reception area.
Chris Baumgart and Steven Field with JLL represented the seller, J & L Venture Group LLC, in the transaction. Drapeau Family Enterprises was repped by Todd Holley, SIOR, of Voit Real Estate.
"This will be the second location for CLIAwaived as it also has a facility in Sorrento Valley,” noted Baumgart. “The company chose this building because of its premier location in North San Diego County and the quality of the building.”
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