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Colonial Professional Center Sold for $5M

Cedar Realty Group Buys 15,000-SF Carlsbad MOB
February 21, 2018
Cedar Realty Group acquired the Colonial Professional Center medical office building at 1207 Carlsbad Village Dr. in Carlsbad, CA from BJ Properties & Management LLC for $5 million, or about $330 per square foot.

The two-story, 15,142-square-foot building delivered in 1975 on six-tenths of an acre in the Carlsbad submarket of San Diego County.

Rob Crider from BD Holdings, Inc. in Solana Beach represented the buyer. Darren Skelly from Plaza Flores Owners Group in Encinitas represented the seller.

Please see CoStar COMPS #4117310 for more information on this transaction.
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