May 27, 2016
Los Angeles-based CBRE Group, Inc. completed a 3.1-acre land sale in Carlsbad, CA for $2.9 million. Costa Mesa, CA-based Burke Real Estate Group acquired the site, and plans to develop a 48,954-square-foot, amenity rich, two-story, creative office building, that offers views of the Pacific Ocean and Crossing at Carlsbad Golf Course.
Construction is expected to begin this summer at the 1800 Aston Ave. site, with a completion date of spring 2017. The building is being designed to offer extensive natural light, open exposed ceilings, and access to outdoor areas featuring dramatic ocean views directly from the tenant suites.
CBRE’s Roger Carlson, Larry Cambra, Adam Molnar and Greg Lewis represented the buyer, Burke Real Estate Group, as well as the seller, Vista, CA-based Killion Inter Vivos Trust. Carlson and Cambra will be handling the leasing of the project.