September 13, 2016
RAF Pacifica Group acquired a 65,310 square-foot Class A, corporate headquarters in the Carlsbad Research Center, and simultaneously secured a 12-year lease for 100% of the property. The $10-million acquisition, as well as a subsequent lease transaction, were executed over a two-day period.
Ostendo Technologies leased the the northern San Diego County office and R&D property, which encompasses 23,908 square feet of office space and 41,402 square feet of warehouse space. Built in 2000, the asset includes such industrial features as four grade level doors, two dock high doors, and 18- to 24-foot clear height ceilings.
Cushman & Wakefield’s Aric Starck and Dennis Visser represented RAF Pacifica Group. CBRE’s Roger Carlson and Adam Molnar represented the seller, Carlsbad, CA-based Blackmore Company.
For comments, questions or concerns, please contact Dennis Kaiser