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Southern California Investor Acquires 127,000-SF Industrial Park Near San Diego

Cruzan Pays $28.2 Million for Carlsbad Commercial Center
By John Lucero
CoStar Research
November 15, 2018 | 9:08 P.M.

Cruzan, a southern California-based investor, purchased an eight-building industrial park totaling 126,630 square feet in Carlsbad, California, from Salt Lake City-based Property Reserve. Carlsbad Commercial Center sold for $28.2 million, or about $223 per square foot.

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