|
|
8/26/26
|
In a recent Carlsbad industrial trade, SENTRE paid $26.6 mil for a 104.3k sf ($255/sf) property located at 2840 Loker Avenue East, north of Palomar Airport Rd between El Camino Real and Melrose Dr.
The property is located within Carlsbad Technology Center and is 100% leased to Glanbia Nutritionals, a global nutrition and performance products company. The building has served as a key operational and logistics hub for Glanbia Nutritionals for nearly 25 years.
Glanbia Nutritionals has occupied 2840 Loker since 2001 and has made substantial investments in specialized manufacturing equipment and facility infrastructure during its tenancy. Situated on 6.24 acres, the property was completed in 1998 and features 13 dock-high loading doors, two grade-level doors, and 4,000 amps of power. The building's flexible design supports a variety of manufacturing, logistics and distribution uses and offers future multi-tenant adaptability.
CBRE’s Hunter Rowe, Michael Longo, Barbara Perrier and Matt Carlson represented the ownership, Bixby Capital Management and LaSalle Investment Management, in the transaction. CBRE’s Scott Peterson and Michael Kolcum secured financing for the buyer. Leasing advisory services were provided by CBRE’s Roger Carlson, Dennis Visser and Blake Wilson.
"Investor demand and liquidity remain robust for mission-critical and advanced manufacturing industrial assets such as this one," said Rowe, senior vice president at CBRE. “The asset's prime Carlsbad location, long-standing occupancy by Glanbia Nutritionals and strong underlying real estate fundamentals generated significant investor interest.”
|
|
 Return to the previous page
|
|
|
|
|
Printer-friendly Version
Email an Associate
