August 3, 2020
Diversified Properties sold a Class A flex industrial building in Carlsbad for $11.6 million. An unnamed local, private buyer purchased the 44,757-square-foot property at 1900 Aston.
The building was originally built in 1998 as part of the Carlsbad Research Center. The freestanding asset is 100% leased to two tenants: global healthcare products manufacturer Zimmer Biomet and organic supplements producer M2 Ingredients. The property features three grade-level doors, one dock-high loading door and 150 parking spaces.
CBRE’s IPSOCAL Investment Team of Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson, Roger Carlson and Blake Wilson represented the seller.
“This asset provides the buyer with a quality, stable income-producing asset in the prestigious Carlsbad Research Center,” said Pourcho.
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