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12/08/25
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A 63k sf industrial property located at 1695 Faraday Ave in Carlsbad sold for $13.5 mil ($214/sf). The property, situated on a 4.10-acre lot, features 3,000 amps of power, 24 – 25-foot clear height and three dock-high doors.
Located within the Carlsbad Research Center, the property offers convenient access to a neighboring food court, retail services, walking trails and the Emerald Lake picnic area.
CBRE’s Dennis Visser and Weston Yahn represented the seller, AG-LC 1695 Faraday Owner LLC. Blake Wilson and Roger Carlson, also from CBRE, represented the buyer, Faithway LLC.
“While recent years have seen increased supply and lagging demand for large industrial properties in North County San Diego, today’s lower interest rates and renewed confidence in our diverse local industries signal that the worst is behind us. Activity among users is at a three-year high, buyers are back in the market, and we expect demand to continue its upward trend despite potential tariff impacts on certain sectors,” added Visser.
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