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3/24/23
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A 32k sf, single-tenant industrial building in Carlsbad sold for $11.85 mil ($370/sf). The property, located at 2070 Las Palmas Dr, in the City Centre industrial corridor, was acquired by a Covina-based family investment entity.
Built in 1983, the Class B warehouse sits on 2.12 acres and features ceiling heights up to 22 feet, one dock door, and one drive-in door. The warehouse is conveniently situated less than an hour from the San Diego freight port, the San Diego International Airport, and the Ancon Transportation railroad.
Northmarq’s Peter Hauser represented the buyer in the transaction.
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