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Investor Pays $8.2M for Carlsbad Mixed-Use Bldg

Stos Partners Sells Roosevelt Plaza @ Carlsbad Village
February 23, 2018
La Cienega Property Group LLC acquired the Roosevelt Plaza @ Carlsbad Village mixed-use property at 560 Carlsbad Village Dr. in Carlsbad, CA for almost $8.2 million, or about $411 per square foot, from Stos Partners.

The building was delivered in 2009 in the Carlsbad Coastal Community of North San Diego County. It totals 19,950 square feet and is compromised of retail, creative office and residential units. One of the tenants is French-inspired restaurant Paon Restaurant & Wine.

Eric Wohl and Andrew Cunningham of Hanley Investment Group represented the seller.

Please See CoStar COMPS #4112001 for more information on this transaction.
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