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San Diego Developer Sells Recently Renovated Industrial Property

Los Angeles Investor Buys Fully Leased Facility in Carlsbad, California, for $9.2 Million
The recently renovated flex building in Carlsbad, California, is fully leased to Denso and Aesthetic Revolution. (CBRE)
The recently renovated flex building in Carlsbad, California, is fully leased to Denso and Aesthetic Revolution. (CBRE)
By Brooke Kiel
CoStar Research
November 8, 2019 | 7:40 AM

Pacific Realty Advisors, a San Diego-based developer, has sold a 34,304-square-foot building in Carlsbad, California, to a private 1031 investor headquartered in Los Angeles for $9.17 million, or about $267 per square foot.

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News | San Diego Developer Sells Recently Renovated Industrial Property