May 15, 2017 Comments Off on Carlsbad Flex Asset Fetches $11.2M in Sale-Leaseback Views: 395 California News, San Diego

Carlsbad Flex Asset Fetches $11.2M in Sale-Leaseback

Lee & Associates completed a $11.2-million sale-leaseback of a flex building in Carlsbad, CA with Aethercomm, which plans to retain its corporate headquarters facility. The building, located at 3205 Lionshead Ave., consists of a mix of more than 46,000 square feet of office space, assembly/R&D area, lab space, and high bay warehouse.

The designer and manufacturer of RF components, subsystems, and systems for use in radar, electronic warfare, and communication systems, has occupied the property since it was built for them in 2009. Upgrades to the facility include a state-of-the-art surveillance system, back-up generator and energy efficient 271 KWD solar system.

The buyer, Encino, CA-based Lionshead, LLC, purchased the property as an absolute triple-net leased investment. Lee & Associates Rusty Williams and Chris Roth represented both buyer and seller.

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