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@Palomar Bldg Trades Hands

Carlsbad Office Sells for $6.1M
May 23, 2018
CCSD LLC purchased the @Palomar office building at 1959 Palomar Oaks Way in Carlsbad, CA for $6.05 million, or about $128 per square foot, from Datron World Communications, Inc.

The buyer plans to occupy the entire third floor as Labryinth. The asset as approximately 15 percent leased prior to the sale, with nearly 24,000 square feet of office space still available for lease.

Completed in 1989, this three-story office building totals 47,273 square feet and is situated on a 3.1-acre parcel in San Diego County. The property is located roughly one mile from the McClellan-Palomar Airport and is nearby several business parks and hotels.

Please refer to CoStar COMPS #4269304 for further details on this transaction.
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