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12/10/21
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Aston Views, a freestanding, 83k sf office/flex building in Carlsbad, sold for $20 mil ($241/sf). The two-story building was approximately 90% leased at sale.
Built in 2001, Aston Views is located at 1808 Aston Ave and consists of a single two-story building on approximately 8.7 acres. The property is located off College Blvd, near Interstate 5, the McClellan Airport, and many surrounding retail and entertainment amenities and other corporate users.
The buyer was Miramar Capital. Cushman & Wakefield’s Rick Reeder and Brad Tecca of the firm’s Capital Markets in San Diego represented the seller, MCR Aston LLC, in the transaction. The firm’s Justin Halenza and Michael Mahoney also provided leasing advisory.
“Aston Views is a premier, versatile workplace that provided a high-quality coastal asset with strong tenancy and cash flow, coupled with an opportunity to fill the remaining vacancy,” said Reeder. “And it is a classic, San Diego suburban office building that can accommodate a wide range of requirements, including traditional & creative office and life science tenants.”
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